Lincoln Harris Arranges $900,000 Sale of Industrial Building in Morrisville, North Carolina
Lincoln Harris has arranged the $900,000 sale of The Amerinode Building, a 7,500-square-foot industrial building located at 115 Quail Fields Court in Morrisville, North Carolina. John Mikels of Lincoln Harris’ Raleigh office represented Telica LLC, the seller, in the transaction. The buyer was Carolina in Home Flooring & Design Center LLC.
“The industrial market in the Morrisville/Research Triangle Park area is very strong.” Mikels said. “We had multiple offers on the building, and were able to secure the full asking price. The nearby Park West Village development helped drive interest in the property.”
The buyer plans to convert the building into a design center and showroom for a home flooring business, which is slated to open later this year.