Foundry Commercial Brokers the Sale of Two Light Industrial Condos in Southwest Charlotte Submarket

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Foundry Commercial, a full-service real estate services and investment firm, continues to fuel industrial sales momentum as the company has announced the sale of two light industrial condos in the Dogwood South Industrial Center. Located in Charlotte’s southwest submarket, known as the Carolina’s largest industrial submarket, these sales represent the third and fourth that Foundry has completed at this center alone. 

Foundry’s Casey Mulhern represented the seller – developer Jack Spencer and Chandler England of Dogwood Holdings LLC – in the recent transactions. At this time, there is only one remaining condo for sale. 

“In spite of the global spread of COVID-19, we have stayed the course and continue to close transactions on behalf of our clients. The sale of these two light industrial condos drives home the fact that the Charlotte market remains healthy during what many consider an uncertain economic time,” stated Mulhern. “The Dogwood South Industrial Center is set apart from other availabilities in the area, offering smaller businesses the rare opportunity to own brand-new light industrial property in a location with great access to I-485 and I-77.”

The two properties – located in units C and E at 10815 John Price Road, Charlotte, NC 28273 – accounted for 5,980 square feet and 6,164 square feet, respectively. The Dogwood South Industrial Center offers owners and tenants 12′ x 14′ oversized drive-in doors, 18′ clear height, a shared dock for loading and unloading, ± 866 square feet of office space per suite, and I-1 zoning.  Additionally, the property is located less than three miles from I-77 and I-485. For more information about the property, contact Foundry Commercial’s Casey Mulhern at 704-705-1182 or [email protected].