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Avison Young arranges $1.25M land sale for first ‘Rechargery’ in Apex, North Carolina

Avison Young arranges $1.25M land sale for first ‘Rechargery’ at 400 N Salem Street in Apex, North Carolina November 14, 2024

IONNA to transform historic district gas station into state-of-the-art EV charging site

Raleigh, NC Avison Young, a global real estate advisory firm, has brokered the sale of a ±0.63-acre site located at 400 N Salem Street Apex, NC on behalf of the seller, Just Four on Salem, LLC, to IONNA, an EV charging network founded by eight of the world’s top automakers, for $1.25M.

Baxter M. Walker, III, SOIR, CCIM, Principal, Occupier Solutions, based in Avison Young’s Raleigh office represented owner, Just Four on Salem, LLC.

The site will become home to the first IONNA ‘Rechargery’, which will feature 10 covered parking bays, charging ports capable of up to 400kW and 800+ Volts, and accessible to all EVs with CCS or NACS. Additionally, the Rechargery will offer an indoor driver’s lounge with bathrooms, coffee service, food/beverage, and WIFI along with outdoor and pet-friendly amenities to relax or work while your vehicle charges.

“IONNA’s foray into U.S. with this site in Apex is illustrative of the town’s evolution from its historic transportation roots as the highest point of the old Chatham Railroad to modern transportation solutions such as electronic vehicles,” said Walker. “We’re pleased to work with the Town of Apex to recruit a forward-thinking company such as IONNA to serve the growing demands of the Triangle region.”

IONNA recently broke ground on the Rechargery and is expecting to welcome its first customers in December of 2024.

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Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.

Avison Young is a 2024 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 13 consecutive years.

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