CHARLOTTE, NC, July 11, 2018 – Cushman & Wakefield announced that it has represented Dellner in the $4.6 million purchase of Shopton Ridge V, a 56,375-square-foot industrial building located at 4016 Shutterfly Road in Charlotte, NC.
Charlie Ripple of Cushman & Wakefield represented the buyer and Terry Brennan of Trinity Partners represented the seller. The buyer, Dellner, acquired the asset in shell condition for $82 per square foot.
Dellner is a Europe-based company making a long-term commitment to Charlotte. Cushman & Wakefield led a two-year search exploring several expansion and relocation options before ultimately deciding on Shopton Ridge V. New construction, modern design, and room to expand their manufacturing and assembly business made Shopton Ridge V the ideal location. The purchase of this facility will allow Dellner the opportunity to offer more service lines to their existing customer base, hire additional employees, and expand their product offerings to new customers.
Dellner is a Swedish company with more than 75 years of experience in the rail industry. The company serves all of the world’s leading train builders and operators by providing durable, reliable and innovative products and services. Dellner offers full Train Connection Systems including couplers, gangways, hatches, dampers, and crash management systems, complemented by superior after sales care and support. Dellner’s headquarters are located in Sweden with a global network of subsidiaries, branches and agents in 13 countries all over the world.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm with 45,000 employees in more than 70 countries helping occupiers and investors optimize the value of their real estate. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.