Trinity Partners Announces the Purchase of 9835 Northcross Center Court

Trinity Partners Announces the Purchase of 9835 Northcross Center Court

msc@trinity-partners.com

Huntersville, North Carolina – December 18, 2023 – 9835 Northcross Center Court, Building VI, a 19,116 square foot industrial building located in the Northcross Business Campus in Huntersville, has officially sold to an entity affiliated with Nor Team Real Estate. Dunn Mileham, David Morris, and Eric Jennings of Trinity Partners handled the transaction on behalf of the buyer. Greg Fallon of TSG Commercial represented the seller.

At the time of the sale, the building was 100% occupied by Enso Elite Gymnastics, a gymnastics training facility that serves the greater Lake Norman area. The selling party, The 1416 Company, originally acquired the property in 2016 as a part of a portfolio of assets within the Northcross Business Campus. Throughout The 1416 Company’s ownership, the property remained fully occupied. “We are glad to have helped Nor Team secure such a high-quality building to expand its growing flex / industrial portfolio in the Charlotte MSA,” said David Morris, Director, Investment Sales at Trinity Partners. “Investor interest in high-quality, well-located flex assets continues to be strong in spite of the difficult lending environment.”

Located less than one mile from Interstate 77 at exit 25, the Northcross Business Campus serves businesses in the Lake Norman region. The campus features unparalleled access to dense area amenities, including restaurants, grocery and home improvement retailers, hotels, and neighborhood services that support the tenants located in the park.