North River Capital, LLC (“NRC”) is pleased to announce its acquisition of 120 Electronics Boulevard, a 114,000sf Class A warehouse located in Huntsville, Alabama. Fully leased to Yulista, a Huntsville-based defense contractor, 120 Electronics is a high quality industrial building located in the Jetplex Industrial Park and adjacent to the Huntsville International Airport, Huntsville International Intermodal Center, and the Redstone Arsenal. The deal represents NRC’s continued partnership with Queenswood Partners, LLC (www.queenswoodpartners.com) and adds to NRC’s growing portfolio of industrial assets across the Southeast and Mid-Atlantic U.S.
Colliers – Birmingham will provide property management and leasing services for 120 Electronics.
Tripp Alexander with Colliers – Birmingham provided brokerage services for the sale. Acquisition financing was provided by ServisFirst Bank.
About North River Capital
North River Capital, LLC is an industrial-focused real estate investment company founded in 2024, with offices in Atlanta and Charleston. NRC provides best-in-class investment services to achieve optimal risk-adjusted returns in commercial real estate opportunities throughout the Southeastern and Mid-Atlantic U.S. By bridging hands-on, asset level expertise with an institutional quality investment management approach, NRC offers a unique skillset to evaluate and execute on real estate investment opportunities across markets and risk profiles.
For more information, please contact info@northrivercapitalllc.com