Novozymes Louisburg Facility

Raleigh MSA
Cold Storage Facility
200,000 SF

In 2021, Lands End Capital, in collaboration with a joint venture partner, acquired the Novozymes Louisburg Cold Storage Facility. This 200,000 square foot warehouse is a crucial asset that supports the corporate headquarters of Novozymes North America, the world's leading provider of enzyme and microbial technologies. Their bio-innovation plays a vital role in enhancing agriculture yield, low-temperature washing, energy-efficient production, renewable fuel, and numerous other benefits. Upon purchase, the building had a short-term lease, and the ownership worked closely with the tenant to secure a new triple net lease at market rent, in exchange for necessary improvements to the premises.