Cushman & Wakefield selected by an affiliate of Lexington Realty Trust to lease 639K SF industrial facility

May 13, 2020

Cushman & Wakefield has been selected by an affiliate of Lexington Realty Trust to oversee leasing efforts for 2203 Sherrill Drive, a 639,800-square-foot (sf) industrial facility in Statesville, N.C. Matt Treble, Fermin Deoca & Eric Ridlehoover of Cushman & Wakefield will lead leasing efforts for the building.

“With a strong pool of labor and access to local interstates, 2203 Sherrill Drive is well-positioned for national, regional and local companies looking to establish or expand their distribution presence in the Carolinas,” said Treble. “This is a unique opportunity as it is one of only two available buildings in the entire state of North Carolina with modern features that can accommodate a tenant needing more than 600,000 square feet. In addition, Lexington Realty Trust brings strong institutional sponsorship with its nationwide portfolio of industrial facilities.”

The building sits on 41.69 acres and is within minutes of I-77 and I-40. Amenities include approximately 13,000 square feet of office space, a ceiling clear height of 30 to 36 feet, an ESFR sprinkler system and the ability to accommodate 112 car and 195 trailer parking spaces.

 

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.