Property Owned By West Chester’s QVC Purchased By Developer

By

A QVC studio.
Image via QVC.
A QVC studio.

In Rocky Mount, North Carolina, a fire ravaged a distribution center owned by West Chester’s QVC in December 2021, leading to the closure and recent sale of the property earlier this year, writes Dave Cruz for the Rocky Mount Telegram.

The 292-acre site opened in 1999 and expanded in 2011. It includes a a 900-square-foot building and a 600-square-foot pad, which was the foundation of the building that was demolished by the fire. Additionally, a 30-acre solar farm is also included and ready for use.

It sold to RQM Ventures of Brooklyn, N.Y. for $20.8 million in February. Currently, it is unknown whether RQM will develop the property or sell it.

Carolinas Gateway Partnership, an economic development agency, has been told to show the property to other interested buyers, but has let the public know that RQM will likely develop the property themselves.

“Some of the buildings around the fire area have been re-roofed and re-painted. The facility is looking better now than it has in the past 20 years. It looks pretty doggone good. We’re proud to show it,” said Norris Tolson, president and CEO of Carolinas Gateway Partnership.

Read more about the sale in the Rocky Mount Telegram.

Connect With Your Community

Subscribe to stay informed!

"*" indicates required fields

Hidden
VT Yes
This field is for validation purposes and should be left unchanged.
Advertisement
Creative Capital logo