A former 100,096-square-foot warehouse in Rural Hall has been sold for $4.8 million to a group of three Los Angeles-based investors, according to a Forsyth County Register of Deeds filing Tuesday.
The 7.5-acre property at 250 Northstar Drive has American Tire as an industrial tenant.
The buyer is the Horowitz Family Trust with a 50% ownership stake, along with Certified Capital LP at 37.9% and The Rural Ball GP at 12.1%.
The seller is Silver Oak Properties LLC of Winston-Salem.
In April, Silver Oak sold a 1.9-acre warehouse site in Greensboro for $1.25 million. The property at 1401 Yanceyville St. is in the Proximity Bus Park subdivision.
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