News

May 16, 2024

Continental Tire Secures Prime Warehouse Space in Growing Mebane Market

 

 

DURHAM, NC - SVN | Real Estate Associates is pleased to announce the successful lease of a ±23,000 SF warehouse building located at 840 Trollingwood Hawfields Road in Mebane, NC to BestDrive USA, a subsidiary of Continental Tire. Continental AG (CTTAY) is a Fortune 500 company specializing in tire and automotive technology.  

The property, strategically located along the I-85/I-40 corridor between the Triangle and Triad regions, offers convenient access to major transportation routes and a booming population base. Nearly 130,000 vehicles flow through the I-85/I-40 corridor in Mebane daily. This lease agreement comes amidst a wave of development activity in Mebane, evidenced by the upcoming arrival of Buc-ee's, a popular Texas-based gas station and travel center.

"We are thrilled to welcome Continental Tire as a tenant to our property," Helen Kalisher said, owner of Kalisher Holdings, LLC. "Their commitment to quality and service aligns perfectly with our vision for the building, and we are confident they will be a valuable asset to the Mebane business community."

“We are excited to see Continental Tire establish a presence in this thriving community and contribute to its continued economic growth," Carey Greene said, Senior Vice President at SVN | Real Estate Associates. "This transaction exemplifies the increasing demand for well-located industrial space in the Mebane area, driven by its strategic location, recent economic development announcements and more affordable real estate options." 

The SVN | REA team, consisting of Carey Greene, Reggie Oakley, and Brian Alonso, represented the landlord in this transaction.

 

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