Trinity Capital Advisors Announces the Sale of 215 International Drive

News
Jun 19, 2017

Trinity Capital Advisors Announces the Sale of 215 International Drive

Trinity Capital Advisors announces the sale of 215 International Drive, a 277,253 SF industrial building in Concord, NC developed by Trinity Capital in 2015.

Griffin Industrial Realty acquired the building; the first acquisition in the Charlotte area for the firm, based in Connecticut.

The modern tilt-wall, rear-load building at the corner of Poplar Tent Road and International Drive is minutes from I 85 exits 54 and 55 and Highway 73, allowing for unmatched exposure and accessibility.

Sherrie Chaffin, Trinity Capital’s Director of Development, says 215 International Drive’s location created an inherent advantage for tenants. “The corner location offers unmatched exposure, and the land position allowed us to build an extremely efficient building with multiple access options,” Chaffin said.

Thomas “Tim” Lescalleet, Senior Vice President at Griffin noted, “The acquisition presented a rare opportunity to purchase a recently-built Class A industrial/warehouse property in an off-market transaction. We were attracted to its location in the Concord submarket of Charlotte due to the excellent highway access and strong demographics.”