Cushman & Wakefield Brokers $36.9M Sale of Union Cross Industrial Center in Winston-Salem

Front Street Capital sold the 340,000-square-foot, two-building Union Cross Industrial Center in Winston-Salem to Westcore.

WINSTON-SALEM, N.C. — Cushman & Wakefield has brokered the sale of Union Cross Industrial Center, a two-building industrial portfolio located at 4980 and 4991 Millennium Drive in Winston-Salem. Front Street Capital sold the 340,000-square-foot portfolio to Westcore for $36.9 million. Rob Cochran, Nolan Ashton, Bill Harrison, Stewart Calhoun, Casey Masters, Bobby Finch, Jason Ofsanko and Hap Royster of Cushman & Wakefield represented the seller in the transaction. Both assets were built in 2019 and were fully leased at the time of sale to single tenants. Earlier this summer, Front Street also sold the nearby, 610,000-square-foot Union Cross Distribution Center for $64 million. Cushman & Wakefield brokered that deal as well.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter

Webinars on Demand

Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties