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DRA Advisors Pays $71 Million for North Carolina Industrial Portfolio

Funds Managed by Rialto Capital Management Sells Four Facilities Located Across Charlotte and Durham
One of the four buildings in the portfolio includes a 406,001-square-foot facility at 1001 Bond St. in Charlotte, North Carolina. (Cushman & Wakefield)
One of the four buildings in the portfolio includes a 406,001-square-foot facility at 1001 Bond St. in Charlotte, North Carolina. (Cushman & Wakefield)
By Taylor Collins
CoStar Research
July 8, 2021 | 7:23 P.M.

DRA Advisors, on behalf of a separate account client, has purchased four industrial properties across Charlotte and Durham, North Carolina, for $71 million.

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