APG Advisors is proud to congratulate David Stroud, SVP, SIOR, on being named a Costar Q1 2025 Power Broker. This recognition follows his instrumental role in the $24.6 million sale-leaseback of 5644 Hornaday Road — a 309,940 SF industrial facility located on 31 acres in Greensboro’s high-demand Airport submarket.
David represented the seller, SV International Corporation, in the transaction that provided operational continuity for the tenant while delivering long-term value to the buyer; a Virginia-based investor completing a 1031 exchange. The deal was structured with an absolute NNN lease, below replacement cost, and includes expansion potential and infrastructure advantages, making it a standout investment opportunity.
This transaction is a strong example of the expertise and creativity David Stroud brings to every deal.
Read more about the Hornaday Road transaction here.
And check out additional industrial properties now available with APG Advisors.