A West Charlotte industrial building once tied to Arrival's earlier plans has changed hands again, this time for $13.5 million in a swift resale that is turning heads in the airport submarket. The roughly 83,600-square-foot warehouse at 2708 Yorkmont Road sold about six months after its last trade, a turnaround that works out to roughly $162 per square foot. County records list United Air Filter as the buyer, and the rapid flip underscores how eager investors remain for industrial space near Charlotte Douglas International Airport.
According to the Charlotte Business Journal, United Air Filter closed on the property for $13.5 million on April 30, 2026. The Journal report appears to be the first business-press mention of the latest sale, identifying the buyer and calling out the quick change in ownership.
Public records show the same building sold for $10.5 million on Nov. 14, 2025, when Ares Management acquired the asset, based on county closing data compiled by Compass. That roughly 29 percent gain between transactions makes this one of the faster flips of a mid-sized industrial building in the Charlotte market this year.
How the Yorkmont Site Ties to Arrival
Before the back-to-back trades, the Yorkmont Road area had been part of electric vehicle maker Arrival's growth story in Charlotte. The company previously announced plans for manufacturing and battery-module work in the Yorkmont corridor, and local economic development materials in 2021 highlighted the site as one of the spots targeted for expansion.
Coverage in the Charlotte Observer and city releases from that period described Arrival's commitment to bring assembly and battery operations to locations off Yorkmont Road and to build out its broader Charlotte footprint.
Quick Flip and Market Context
In commercial databases, the building is listed at about 83,599 square feet and has been marketed as single-tenant industrial space. Brokers tout features that appeal to logistics users, including multiple dock doors and significant trailer parking.
The property has appeared on LoopNet, while a sublease listing from local brokerage Foundry Commercial lays out the building's size and amenities, helping explain why an industrial buyer might be comfortable paying more less than a year after the previous sale.
With demand for well-located warehouse and distribution space still running hot in the Charlotte market, the jump from $10.5 million to $13.5 million in roughly half a year highlights how investors prize ready-to-use industrial footprints near major transport nodes. Marketing materials indicate the building is positioned for industrial users, although the sale notices did not spell out details on immediate occupancy or any incoming tenant.
