Charlotte, NC (March, 2016) – MPV Properties (MPV), one of the area’s leading providers of commercial real estate services, recently assisted in the following industrial, office, and land transactions.

Industrial News

CDA, Inc. leased 109,000 SF of space at 11922 General Drive at Logistics Pointe, a warehouse/distribution center located in Charlotte’s southwest industrial submarket. Billy Thomas of MPV represented CDA, and Lane Holbert and Eric Ridlehoover of Foundry Commercial represented the landlord, New York Life, in the transaction.

CDA, Inc., formerly Optical Experts Manufacturing (Oem), is an international leader in intelligent media technology solutions. The company changed its name to CDA in December of 2014, four months after their purchase of CDA GmbH, located in Suhl, Germany. With six manufacturing facilities worldwide, CDA is an international supplier of disc media (CD, DVD, BluRay), flash media (automotive navigation, SD Cards, etc.), and microfunctional solutions. Learn more at www.CDA.us.

PENCOM, a leading manufacturer of component solutions to OEM design engineers, purchased 6,000 SF of space at 9509 Yarborough Road at Bailes Ridge corporate park in Indian Land, SC. Mike Bilodeau of MPV represented the owner in this transaction, and Henri Gresset of Childress Klein represented the buyer.

Office News

1927 South Tryon Investor, Rex Reynolds, purchased 3,153 SF (Suite 100) of space at 1927 South Tryon. Reynolds is currently looking for a tenant to occupy the first floor space. Joe Yochem with Southend Properties represented the buyer. Mark Newell with MPV represented the seller.

Land News

Bailes Ridge The Keith Corporation, a Charlotte-based CRE firm, acquired 11.8 acres adjacent to the new Movement Mortgage campus at Bailes Ridge corporate park in Indian Land, SC, to accommodate future expansion for the company. Mike Bilodeau of MPV represented the owner in this transaction.

 

About MPV Properties

MPV Properties is one of the Charlotte area’s leading office, industrial, retail and land brokerage, development and management firms. For more information, visit www.mpvre.com.

Charlotte Business Journal covered these closings in the following articles: