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Criterion Group Purchases Land in Charlotte NC

Colliers | Charlotte’s industrial brokerage team is pleased to announce the sale of 19.8 Acres on Statesville Road in Charlotte, NC. Colliers brokers, Justin Smith, SIOR, and Greg Gosselin represented the buyer, New York City – based investor and developer, Criterion Group LLC in the acquisition.

The asset located at 9820 Statesville Road is directly on Hwy 21/Statesville Road with immediate access to I-77 & I-485 interchange in the northern submarket of Charlotte, NC. The property is currently zoned I-2 and was an active auto parts outdoor storage facility.  This will be Criterion’s third acquisition in the Charlotte Market. Justin Smith, SIOR and Greg Gosselin have been awarded the leasing assignment of the industrial outdoor storage property.

“As our third acquisition in Charlotte in recent months, the site at 9820 Statesville Road is a strong addition to our growing portfolio of IOS properties across the U.S.," said Shibber Khan, Principal of Criterion Group. "We look forward to further expanding our footprint in this prime market as we explore additional strategic investment opportunities within Charlotte's attractive industrial space."

ABOUT CRITERION GROUP LLC
With beginnings in the multifamily residential sector of western Queens, NY, Criterion Group LLC has built a capacity for scale and a diversity of asset types. Today, the Criterion portfolio spans apartment buildings, self-storage facilities, film studios, warehousing, industrial yards and truck parking facilities throughout the continental United States. Since 2002, Criterion has grown deliberately and organically with an eye for overlooked value. Often, the perceived undesirability of locations, asset types and financing constraints enables the team to identify and capitalize on opportunities in their infancy.  As a result, Criterion’s decisions have been predictive of institutional capital prior to saturation and overpricing of assets. For more information, please visit www.criteriongroup.com.

ABOUT COLLIERS INTERNATIONAL 
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 63 countries, our 17,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 27 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of 20% for shareholders. With annual revenues of $4.5 billion and more than $81 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.

For further information, please contact: Katie Dulin, Marketing Manager Colliers | Charlotte Phone: +1 704 409 2918 | Email: Katie.Dulin@colliers.com

 

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Justin Smith

Senior Director - Industrial

Charlotte

Specializing representing occupiers of industrial real estate in the Carolinas region by adding value to customers supply chain discussions, manufactures site selection, warehouse leasing and renewals and other real estate solutions for occupiers. My years of transactional expertise drive value in helping clients achieve their key business objectives.

My specialties include: tenant representation, landlord representation, land sales, investment sales and site selection consultation. Our team focuses on uncovering market conditions in real time, researching trends, and generating market data that are valuable to our occupiers.

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Greg Gosselin

Associate

Charlotte

Greg specializes in industrial real estate in the Charlotte MSA market. Such specialties include: tenant representation, landlord representation, land sales, investment sales, flex, and development consultation. He specializes in prospecting and creating the best opportunities for his clients. 

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Katie Dulin

Marketing Manager

Charlotte

Katie’s role as the Marketing Manager for Colliers | Charlotte is to create and execute multi-faceted marketing strategies and brand awareness campaigns to accelerate success of each Colliers client and professional in digital advertising, visual and written content, website development, social media and media relations.

Katie manages content posted to our website, reviews external and internal communications, manages media relations operations, maintains the database of contacts used for property email marketing and media relations, compiles and distributes marketing campaign reports internally and for clients, develops staff profiles for new employees, and organizes sponsorships and events.

Prior to Colliers, Katie worked as Marketing Coordinator at Collett for over eight years, she understands the transactional process from start to finish. She has designed visual pieces including flyers, offering memorandums, broker opinion of values, case studies, custom websites and various other visual pieces needed to accomplish market exposure.

 

 

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