Development

Steele Creek call center, industrial buildings sold for $21.5 million

The building at Whitehall I.
The building at Whitehall I.

A pair of buildings in Steele Creek have been sold for $21.5 million, brokerage firm HFF said Monday.

Whitehall I and Whitehall II, totaling 204,800 square feet, are on Whitehall Park Drive, near Interstate 485 and South Tryon Street. HFF marketed the call center and light industrial buildings on behalf of the seller, Fort Properties. The buyer was a joint venture between CIP Real Estate and CrossHarbor Capital Partners LLC.

“Whitehall I and II offered a compelling opportunity to the marketplace as the assets are best-in-class properties catering to a diverse base of office, warehouse, technology, and call center type users. These assets are poised to continue to experience strong leasing demand and generate attractive investment returns,” said HFF senior managing director Ryan Clutter, in a statement.

He led the sale with HFF senior managing director Christopher Norvell.

The property is fully leased, with tenants including Xerox, Osram Sylvania, Burkert Contromatic Corporation and Treffert Coatings USA.

Ely Portillo: 704-358-5041, @ESPortillo

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