Deal Close
July 2, 2026
Type
Industrial, 16.4 acres
Price
$1,750,000
Zach Benlemlih
National Data Center Team
Executive Summary
The buyer of this industrial land site was the electrical contractor responsible for outfitting a neighboring data center — a parcel Greysteel had sold a few years earlier — and needed a nearby warehouse and laydown yard to support the buildout.
That specific, time-sensitive need drove a fast, uncomplicated close: a 30-day study period and a 15-day closing.
The Challenge
The buyer’s need was tied directly to an active construction contract with a firm deadline, requiring speed and certainty over the sort of broad marketing process a typical land sale might involve.
The Solution
Greysteel identified that this wasn’t a data-center-user deal directly, but the “second wave” of industrial demand that follows data center construction — contractors, subcontractors, and support operations needing nearby staging space — and matched the site to a buyer motivated to close fast to satisfy their own customer commitment.
Results
- $1,750,000 sale price on a 16.4-acre industrial site
- 30-day study period, 15-day closing — an unusually fast timeline for a land transaction
- Buyer secured a strategically located warehouse and laydown yard adjacent to an active project site
- Reinforced the team’s positioning around secondary industrial demand generated by large infrastructure projects
“Greysteel identified an owner-user electrical contractor responsible for outfitting a neighboring data center. The buyer required a strategically located warehouse and laydown yard to support the project, allowing the transaction to close on an accelerated timeline with a 30-day study period and 15-day closing.” — Zach Benlemlih, Greysteel Lead Deal Contact, Mid-Atlantic Industrial Team
Greysteel Advisory Expertise
Greysteel is a commercial real estate advisory firm specializing in investment sales and debt and structured finance, serving private investors, middle-market operators, and institutional clients nationwide.
The firm provides sector-focused advisory across multifamily, healthcare, and affordable housing and other commercial real estate asset classes, delivering market intelligence, capital markets expertise, and disciplined execution.
