Wigeon Capital has sold Greenfield 27, a three-building, 260,000-square-foot Class A industrial park in Garner, N.C., for a combined $47.3 million. Cushman & Wakefield and NAI Tri Properties negotiated the deal on behalf of the seller and developer.

Greenfield 27 consists of Building 1, at 600 S. Greenfield Parkway, and Buildings 2 and 3, at 4101 and 4501 Waterfield Drive. All three properties came online in 2023.

Wake County Board of Alcoholic Beverage Control acquired the 160,380-square-foot Building 1 for $27.5 million. According to CommercialEdge, Foxfield Real Estate purchased the 57,600-square-foot Building 2 and the 44,800-square-foot Building 3 for $19.8 million. Principle Financial Group originated a $11.8 million acquisition loan with a maturity date set for 2028.

Additionally, both industrial properties are fully leased.

Cushman & Wakefield’s Net Lease Group team that worked on behalf of the seller includes Christopher Sheldon, Doug Longyear and Andy Bogardus, while NAI Tri Properties’ Jimmy Barnes also assisted in both transactions.