Saturday, September 23, 2017

245 Manor Ave.


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Property Type:
Industrial - Manufacturing

Address:
245 Manor Ave.
Concord, NC 28025

Square Footage/Acreage:
68,962 total, with 19,062 office on 12 acres

Date of Transaction:
September 2012

Agency:
Landord Rep
Seller Rep

HMC represented the ownership group in the lease-purchase agreement for this large industrial property. The tenant took occupancy in September 2011 and purchased the building and 12 acres in September 2012. HMC facilitated this creative deal structure, which enabled the tenant and move quickly toward its ultimate goal: to purchase. The remaining 7.8 acres are being sold separately.