Raleigh, NC- Cassidy Turley & Simpson Schulman & Beard, LLC announced today that they arranged the sale of the 236,950 square foot, single tenanted, Precor building, located in Guilford County, North Carolina. Chris Norvell, Rob Cochran and David Finger of Cassidy Turley & Sam Simpson, Brett Schulman and Richard Beard of Simpson Schulman & Beard, LLC represented the seller, Prefit, LLC, in the sale of the facility to Paramount Associates, LLC,.
Located in Rock Creek Center, The Triad’s largest improved industrial park, the Precor building is a premier industrial facility overlooking Interstates 40/85, and is fully leased to Precor Incorporated, a subsidiary of Amer Sports Corporation (NASDAQ OMX Helsinki: AME).
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,300 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $18 billion in 2010, manages 455 million square feet on behalf of private, institutional and corporate clients and supports more than 25,000 domestic corporate services locations. Cassidy Turley serves owners, investors and occupiers with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. In 2010, the firm enhanced its global service delivery outside of North America through its partnership with GVA. Please visit www.cassidyturley.com for more information about Cassidy Turley.