JLL Arranges Sale of 265,000 SF Manufacturing Facility in Newton, North Carolina

JLL Arranges Sale of 265,000 SF Manufacturing Facility in Newton, North Carolina

NEWTON, N.C. — JLL Capital Markets has arranged the sale of Corning Hickory, a 265,000-square-foot manufacturing facility located within the Trivium Corporate Center in Newton, about 43 miles northwest of Charlotte. Constructed in 2022, the build-to-suit facility is fully leased to Corning Inc., a multinational technology company that specializes in glass and ceramics science and optical physics. Pete Pittroff, Jason DeWitt, Dave Andrews, Michae…

PRP Acquires 265K-SF Fiber Optic Manufacturing Facility

PRP, a real estate investment management company headquartered in Washington, D.C., has acquired a Corning fiber optic manufacturing facility in Hickory, North Carolina, for $60.6 million. The facility produces Corning’s Ribbon and Rocket Ribbon fiber optic cable, which is critical for advanced data center and communication infrastructure across the United States. The property, which includes land for future expansion, is located within the Triv…