Founders Properties, a private real estate investment management company focused exclusively on industrial property investments, acquired a 342,650 SF, Class A logistics facility at N. Pendleton Street in High Point, NC. Pendleton Industrial is located in the Piedmont Triad industrial market of Greensboro—Winston-Salem—High Point. The property is fully leased to two tenants with long-term presence in the Triad area. 

 

N. Pendleton is located off I-74, five minutes from I-85, otherwise known as the industrial backbone of the Southeast. This acquisition expands the Founders’ footprint in the growth sunbelt region of the southeast.