East West Capital acquires 4.5 acre commercial site in Asheville

East West Capital has successfully acquired a 4.6 acre commercial site on Commerce Way in South Asheville.

“This is a unique location within a growing business district of South Asheville.” said Brian Nelson, principal of East West Capital. “J. Crew’s national distribution facility is across from our property. In addition, we are steps away from the Vista Industrial Park and the Cliffs at Walnut Cove golf community, both of which are seeing significant growth. We are close to major interstate highways and the airport, which is important for commercial and industrial space demand.”

The property was purchased at a recent FDIC auction. The site has been graded and has utilities available. Commerce Way is located off of Brevard Road near the intersection with Long Shoals Road. Interstates I-26 and I-40 are minutes away, while the airport is 5 miles south.

“This Commerce Way site is truly an in-fill property and one of the few remaining commercial and industrial lots in the area.” said David Moritz, principal of East West Capital. “We are looking forward to developing a building that will support the business and residential growth in South Asheville.”

The site is an ideal location for businesses looking for a build-to-suit building in the area.