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Accordia has expanded its footprint in the Southeast with its acquisition of more than 97,000 square feet of industrial space in Charlotte, the company said Monday.

The firm, which is based in Fairfield, said it paid $17.8 million for the two-building property at 1920 and 2020 Starita Road. The 97,330-square-foot Starita Exchange portfolio is part of the institutionally owned Woodland Business Park, providing what Accordia described as a rare shallow-bay opportunity in a market with exponential rent growth in the category.