Cantor Fitzgerald Investors, LLC,, a leading sponsor of real estate investment management products, announced its purchase of the Daimler Building, a 150,164 square foot, Class A office building in Fort Mill, South Carolina. CFI, together with a public, non-traded real estate investment trust it sponsors, acquired the asset for $40 million. Daimler Trucks North America has occupied the building since 2008 as the sole tenant and recently extended its lease through 2028.

CFI and its affiliates completed more than $10 billion of commercial real estate acquisitions and financings in 2017. "We have a very selective investment process," said Ken Carpenter, Managing Director, Cantor Fitzgerald. "The Daimler Building is an excellent example of the strategic real estate assets we're actively seeking: an operationally significant asset leased to a creditworthy tenant on a long-term basis."

The property is located in the Charlotte, North Carolina metro region and serves as the east coast operational hub for Daimler Trucks North America. Charlotte continues to be one of the most attractive, fastest growing markets in the United States, known for its high pay, low expenses and attractive quality of life.

"The Daimler Building presented an excellent opportunity for us to expand our portfolio of well-located, triple-net-lease, income-producing properties," added Carpenter. "We are looking to acquire similar, operationally significant assets. We believe commercial real estate of this caliber is one of the best ways to generate consistent cash flow."

CFI and its affiliates continue to acquire and finance high-quality assets, targeting over $10 billion in transaction volume in 2018.

Cushman & Wakefield Charlotte Managing Director Rob Cochran, Director Jared Londry and Associate Nolan Ashton, and Campbell Walker and Ridr Knowlton of Lincoln Harris represented the seller.

About Cantor Fitzgerald

Cantor Fitzgerald, a leading global financial services group at the forefront of financial and technological innovation has been a proven and resilient leader for over 65 years. Cantor Fitzgerald & Co. is a preeminent investment bank serving more than 7,000 institutional clients around the world, recognized for its strengths in fixed income and equity capital markets, investment banking, prime brokerage, and commercial real estate finance and for its global distribution platform. Cantor Fitzgerald & Co. is one of 23 primary dealers authorized to trade U.S. government securities with The Federal Reserve Bank of New York. For more information, please visit: http://www.cantor.com/