Global manufacturer, Johnson Controls, sells large North Carolina manufacturing facility for $22.2M ($84psf) to Blue Owl

  • 11/8/2024

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Triangle Business Journal

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STORY HIGHLIGHTS
Johnson Controls sold its Sanford property for over $22.2 million.
Blue Owl Capital bought the property and will lease it to Air Distribution Technologies.
Parkdale Mills will close its Sanford facility, affecting 74 employees.

Blue Owl (NYSE: OWL)
Jesse Hom | CIO, Head of Real Estate Finance-Equity/Debt

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