CoreOne Industrial Completes Sale of 8420 Triad Drive in Greensboro, NC
Announcement – 4/28/2023
Darien, CT – CoreOne Industrial LLC (CoreOne), an industrial real estate investment company headquartered in Darien, CT, sold 8420 Triad Drive in Greensboro, NC. The sale consisted of a 195,060 SF industrial building located on a 9.64 acre lot. CoreOne was represented by local brokers, Jason Ofsanko, Ryan Conboy, & Jordan Mitchell at Cushman & Wakefield. CoreOne acquired the asset in November 2021 and after executing a strategic plan, the building was sold to Autel US for their expanding operations. “We were pleased to have represented CoreOne Industrial in the sale of 8420 Triad Drive to Autel US” said Jason Ofsanko, a broker at Cushman & Wakefield. “Autel’s acquisition further validates the strength of the Triad’s advanced manufacturing base and the area’s pro-business environment. The building will allow for substantial investment in equipment for operations as well as create new employment opportunities for the region.”
“We are pleased to have finalized the sale of this asset,” said Joe Burton, President of CoreOne. “Even though it is a fantastic building, the chance to sell presented itself, and we are proud to have generated a return for our investors. We are looking forward to continuing to create value through our core strategies as we expand our portfolio.”
About CoreOne Industrial CoreOne Industrial LLC is a privately held real estate investment firm specializing in the acquisition, management, and potential redevelopment of both performing and underperforming properties in the United States. CoreOne is actively looking to grow its portfolio.
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