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News - Press Release


Wednesday, May 23, 2012

Select Properties Still Available YRC Worldwide Cross-Dock Industrial Portfolio

Chicago, IL -- NRC Realty & Capital Advisors, LLC, announced today it will offer new pricing on 30 properties, those remaining from an earlier offer of 62 surplus YRC Worldwide cross-dock industrial sites located throughout the country.

YRC Worldwide, owner of one of the largest less-than-truckload (LTL) networks in North America, designated these sites as surplus after closing them over the past several years.

“We are extremely pleased with the results of the initial offering, and think buyers will jump at the opportunities afforded by these new prices,” said Evan Gladstone, NRC’s executive managing director. “A majority of the sites already sold have gone to logistics users and other industrial companies, and we expect the buyers for these sites to also be trucking users, and in a few cases industrial or retail developers”.

The sites are located in Alabama, Georgia, Iowa, Indiana, Louisiana, Massachusetts, Michigan, North Carolina, New York, Ohio, Pennsylvania, Texas, Virginia, Vermont & Wisconsin. The sites are improved with cross-dock terminals, up to 84 doors and buildings upwards of 46,000 square feet.

The properties will be sold through NRC’s well-known “buy one, some or all” sealed bid format.  The bid deadline has been set for June 19, 2012. A co-op broker fee of two percent is available. To view property specific information and to receive sale updates, register online at www.nrc.com/1120. Sales brochures are available by calling 800.747.3342, ext. 1120, or by download from the NRC website.