March 6, 2020 Comments Off on Charlotte Office Property Trades for $102M Views: 673 National News, North Carolina, Southeast

Charlotte Office Property Trades for $102M

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Charlotte-based South Street Partners has acquired Coliseum Centre III, V and VI, three office buildings totaling 511,344 square feet in Charlotte. The sales price was $102 million.

Located at 2550 W. Tyvola Rd., and 2810 and 2815 Coliseum Dr., the properties were built between 1996 and 1988 and are collectively 87% occupied. Amenities at the properties include on-site dining options, three fitness centers, a conference facility, three large boardrooms, training facilities with adjacent tenant WiFi lounge and a shared collaboration area.

Ryan Clutter, Chris Lingerfelt and Zack Drozda of JLL represented the seller, America’s Capital Partners, in the transaction. Additionally, Travis Anderson and Taylor Allison of JLL secured a four-year, floating-rate acquisition loan on behalf of South Street Partners through lender Brookfield.

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