CVP Development Acquires 5120 Westinghouse

CVP Development is pleased to announce the successful acquisition of 5120 Westinghouse Boulevard, a 71,870 SF manufacturing and distribution headquarters facility located in one of Charlotte’s most sought-after industrial submarkets. The property was acquired through a sale-leaseback, providing long-term operational stability for the occupier, while securing a high-quality industrial asset for our portfolio.

Ideally positioned in Mecklenburg County, the facility offers exceptional connectivity — with immediate access to I-485 and close proximity to I-77, I-85, and Charlotte Douglas International Airport. This location sits at the core of one of the fastest-growing and most supply-constrained industrial corridors in the region, making it a high-performing submarket for both users and investors.

The property features a balanced mix of warehouse, manufacturing, and office space, full HVAC throughout, 1,200-amp 3-phase power, dock-high and drive-in loading, expansion capability of up to 47,000 SF, and by-right IOS providing long-term value and flexibility.

This acquisition reflects CVP’s continued focus on investing in well-located, functional facilities and supporting clients through flexible and mutually beneficial deal structures.

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5120 Westinghouse Boulevard
Charlotte, NC 28273

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