Dalfen America Corp. Announces Acquisition of Charlotte Industrial Portfolio

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Dalfen America Corp. acquires 122,283-square-foot light industrial portfolio in Charlotte, NC.

Northfield

The properties are located in Charlotte's premier industrial corridor.

Dalfen America Corp. (DAC) today announced the acquisition of Northfield Industrial Portfolio located in Charlotte, North Carolina. The portfolio is 100% leased and is comprised of four light industrial buildings containing a total of 122,283 square feet which were constructed from 1997 to 2002.

The assets are located across from the FedEx Ship Center on Eagleton Downs Drive in the southwest submarket, one of Charlotte’s premier industrial corridors. Charlotte has emerged as one of the nation’s top industrial hubs and is evolving into the primary inland distribution point, serving the port of Charleston with one day truck access to 58% of the entire United States population.

Sean Dalfen, President and CIO, stated, "This portfolio acquisition increases our growing footprint in this market. Over the course of the next 24 months, we intend to significantly expand our holdings in Charlotte as well as other key markets in the Carolinas."

"We feel very strongly that cities like Charlotte, Raleigh/Durham and Greenville/Spartanburg, will continue to be some of the nation’s top tier locations from a business and population growth standpoint," Dalfen added.

With this acquisition, over the past month, DAC has closed on over 1 million square feet of industrial properties in three states.

Dalfen America Corporation (DAC) is a leading industrial real estate investment manager and a hands on real estate operator that is focused on acquiring, developing and operating industrial real estate throughout the United States. DAC currently owns and manages millions of square feet of premier commercial properties in the U.S. and in Canada, through its Canadian counterpart, Dalfen’s Limited.

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Lightfoot, Jill
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