Cushman & Wakefield’s National Industrial Advisory Group is pleased to offer the opportunity to acquire Bryton Commerce Center (the “Property”), a premier collection of six infill newly constructed Class A+ multi-tenant light industrial facilities totaling 736,379 SF located in Charlotte’s top-performing North submarket. Strategically located at the convergence of I-77 & I-485 within the highly-amenitized 450-acre master planned mixed use Bryton Town Center development, the Property enjoys a central infill location proximate to Charlotte’s major transportation throughfares and booming MSA population of over 2.8 million residents, making this a highly sought-after distribution hub for name brand global and national companies.
Currently 93% leased to a diverse mix of 12 tenants with 4.3 years of weighted average remaining lease term and in-place rents 33% below market, Bryton Commerce Center offers investors a rare Charlotte core-plus investment opportunity of scale with stable long-term in-place cash flow coupled with the ability to create immediate value through lease-up of existing vacancies and mark-to-market opportunities upon lease expirations. The remaining first generation available space includes one 52,500-SF suite, allowing for a variety of lease-up strategies to accommodate varying tenant sizes and corresponding rental rates, ensuring immediate lease-up with limited downtime.