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🏢 Kore Investments Acquires Former Hunter Douglas Facility

Last week, Kore Investments acquired the former Hunter Douglas building in Gaston County for $13.5 million, according to county real estate records.

Why it matters: Kore Investments has plans to quickly find a new tenant for the facility.

By the numbers: The building is on a 20-acre site at 201 Southridge Parkway near Exit 13 of Interstate 85.

What's next: Kore Investments is now working with Cushman & Wakefield and Gaston County Economic Development Commission to find a new user for the building.

What they're saying: "The investment decision was driven by our conviction in a resurgence in U.S. manufacturing, particularly in Sun Belt markets like Charlotte, coupled with the scarcity of modern-built, second-generation manufacturing facilities," Thomas Nealon, Kore's Managing Director of Investments, said.

Go deeper: Click here to read the full article.


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