Equus Capital Partners, headquartered in Newtown Square, has recently completed the acquisition of more than 1.2 million square feet of industrial space in the Charlotte region, as part of a broader portfolio purchase.
A subsidiary linked with the real estate investment firm invested $124 million in acquiring a total of nine buildings, encompassing 1.4 million square feet of industrial space.
This transaction involves eight properties situated within the Charlotte market, with the remaining one located in the Greensboro region. The Charlotte-area assets are distributed across Lincoln, Cleveland, and Iredell counties, featuring sizes ranging from 38,480 to 382,668 square feet.
*Article courtesy of Business Journal
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