Birmingham-based commercial real estate company GCP sold a large industrial property in Charlotte, N.C., for $19.55 million.
GCP said it sold 2100 The Oaks Parkway, a two-building 125,213-square-foot Class A warehouse and office campus. The buyer was the tenant at the property, Vallen Distribution Inc.
“Vallen is an ideal tenant, and we are pleased with the value created at the property,” said Taylor Graham, VP of Investments for GCP. “We will reinvest the capital from this sale into another…
