Investment Group Acquires Scarborough Frito-Lay Distribution Center

In an off-market deal, a local investment group purchases Scarborough industrial property from Frito-Lay to leverage its substantial expansion potential. TC Haffenreffer and Sylas Hatch from The Dunham Group brokered the sale. “The demand for quality industrial buildings is still very strong,” TC said. “The interest level is high and the market remains strong despite the substantial increase in interest rates.”