Jason Griffith, CCIM, with NAI Utah South, assisted a client with the investment purchase a 78,736 SF Industrial development in Charlotte, NC.  The Crossings at Nations Ford East is a multi-tenant industrial center that sold for $5,000,000.  The property had a 6% vacancy and yielded a 6.5% CAP rate which was due to one larger tenant having a significantly below market rent.  Once stabilized, the investment’s CAP rate should yield 8.59%.  Jason Griffith represents investors with investment acquisitions in Utah and throughout the United States.