Cabot Properties Leases Over 223,000 Square Feet To Coe Distributing Near Charlotte
CHARLOTTE, October 30, 2025 – Cabot Properties, a leading investor, developer, and operator of logistics properties throughout the United States, Europe, and Asia Pacific, today announced that it has signed a 223,358-square-foot lease with COE Distributing, Inc., a national furniture distributor, at 77 Beltway, a Class A manufacturing and distribution facility located at 11320 Beltway Industrial Drive, in Huntersville, North Carolina, just north of Charlotte.
Completed in 2024, the 821,000-square-foot LEED Certified 77 Beltway campus benefits from convenient access to I-77 and I-485 placing it just a few hours from the Ports of Charleston and Wilmington, The Charlotte Douglas International Airport, and also provides overall connectivity to approximately 53% of the U.S. population within a day’s drive. COE Distributing will occupy Building A, which comprises 506,513 square feet and features 34-foot clear heights, 51 dock-high doors, four grade-level doors, 133 trailer parking spaces, 185-foot truck court depths, and 3,753 square feet of office space.
Chris Manocchio, director of asset management in the South-Central region for Cabot Properties, said, “This leasing milestone is a testament to the efficiency, expertise and local market knowledge of our in-house asset management team. 77 Beltway meets the strong demand for modern logistics centers that feature the clear heights, deep truck courts and capacity to facilitate the sophisticated distribution operations that are critical to large occupiers serving the nation’s top consumption markets.”
Founded in 1947 and headquartered in southwestern Pennsylvania, COE Distributing, Inc., is one of the largest wholesale distributors of office furniture in the U.S. and the Caribbean. The company boasts a global network of skilled manufacturers and visionary developers, enabling it to craft exclusive designs that combine style, functionality, and uncompromising quality.
Lawrence Shaw, Justin Smith, Rob Speir, and Phoebe Dinga of Colliers are handling the leasing for 77 Beltway, on behalf of Cabot Properties.
About Cabot Properties Inc.
Cabot Properties is an international private equity real estate firm focused on the logistics sector. Founded in 1986, Cabot was one of the first real estate firms to provide institutional investors with access to the industrial property sector and has invested over $17 billion in logistics real estate, served over 4,300 tenants, and operated over 1,750 buildings totaling more than 243 million square feet. Cabot is headquartered in Boston with offices in Atlanta, Chicago, Dallas, Los Angeles, London, Amsterdam, Sydney, Tokyo, Munich, Houston, New York, Orlando, and New Jersey. For more information, visit www.cabotprop.com
Media Contact:
ICR on behalf of Cabot Properties
CabotPR@icrinc.com