Realterm completes acquisition of 70,000-square-foot Charlotte truck terminal and maintenance facility

Realterm, an independent global investment manager focused on the transportation industry, today announced the acquisition of 7500 Statesville Road, a truck terminal and maintenance facility totaling 70,004 square feet in Charlotte, North Carolina.

The 13.72-acre facility comprises two buildings, a 58,184-square-foot, 94-door truck terminal and an 11,820-square-foot, 15-door maintenance shop. The fully paved, lit and secured facility is currently leased to FedEx.

“This acquisition underscores Realterm’s commitment to investing in critical logistics infrastructure that supports best-in-class transportation users,” said Arnie Capute, Vice President, Investments, East Region, Realterm. “The quality of the asset combined with the favorable supply-demand dynamics in Charlotte creates an ideal foundation for sustainable growth.”

Strategically positioned just two turns off both I-77 and I-85, 7500 Statesville Road has easy access to the major interstates connecting Charlotte with the broader Southeast and Mid-Atlantic regions.

“Charlotte is one of the top industrial and HFT markets in the country, driven by strong population growth, major employers, and excellent interstate connectivity,” said Stephen Panos, Managing Director and Senior Fund Manager at Realterm. “With severe supply constraints, high barriers to entry, and limited truck terminal availability in the market, we believe this acquisition represents a compelling long-term investment opportunity.”