CoreOne Industrial LLC buys 4333 Davenport Road, Fredericksburg, VA
Norwalk, CT – CoreOne Industrial LLC (CoreOne), an industrial real estate investment company headquartered in Norwalk, CT, bought 4333 Davenport Road in Fredericksburg, VA in a sale-leaseback transaction with PMC. The purchase consisted of a 163,350 SF warehouse situated on a 10 acre lot. The building has 26’ clear height and has been occupied by PMC for the last eight years.
“We are excited to continue the growth of our portfolio along the eastern seaboard,” said Joe Burton, President of CoreOne Industrial. “The Washington DC MSA and I-95 corridor has been a proven industrial market for many years with plenty of built up demand and easy access to major metropolitan areas. Our team has been able to identify great value opportunities in these markets as we continue our industrial expansion.”
About CoreOne Industrial
CoreOne Industrial LLC ( www.coreoneind.com ) 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.