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Equus Pays $46.9M for 341K-SF Butner Warehouses
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Equus Pays $46.9M for 341K-SF Butner Warehouses
Equus Capital Partners acquired Falls Lake Commerce Center for $46.9 million. Falls Lake is a three-building, Class A industrial portfolio totaling 341,867 square feet in Butner, North Carolina, within the Raleigh-Durham metropolitan area. The acquisition was completed on behalf of Sweet Grass II, a joint venture between an Equus affiliate and a U.S.-based public pension plan. Commercial Edge reports that TPG Angelo Gordon previously was the sel…
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