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Ram Realty Advisors Acquires Mixed-Use Buildings In Charlotte For $18.6 Million

Property Image
SOLD
$18,600,000

North Carolina

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Mixed-use200,000 SF
Sold 08/01/2024
the dealdetailscomps
Property Image
SOLD

Ram Realty Advisors Acquires Mixed-Use Buildings In Charlotte For $18.6 Million

2218 Toomey Avenue & 2320 Toomey Avenue

See Similar Deals
Mixed-use200,000 SF
Sold 08/01/2024
the dealdetailscomps

Summary

NORTH CAROLINA
Asset Type:Mixed-use
Price Per Square Foot:$93
Total Square Footage:200,000 SF
Transaction Type:Sale

Ram Realty Advisors acquired two mixed-use buildings located at 2218 Toomey Avenue and 2320 Toomey Avenue in Charlotte, NC, for $18.6 million. The properties collectively cover a total area of 100,000 square feet, resulting in a price per square foot of $186.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $18,600,000
  • Buyer: Ram Realty Advisors
  • Seller: Abacus Capital, FCP & Big Cypress Capital
  • Sale Date: 08/01/2024
  • Market: Charlotte, NC
  • Square Footage: 100,000
  • Price per Square Foot: $186

This transaction involved key players, including the buyer Ram Realty Advisors, and the joint sellers Abacus Capital, FCP, and Big Cypress Capital, highlighting the collaborative nature of the deal in the mixed-use property sector.

Players

Ram Realty Advisors
Ram Realty Advisors
BUYER

Details

SOLD
IMAGE: 08/01/2024 ADDRESS: 2218 Toomey Avenue & 2320 Toomey Avenue MARKET: Charlotte, NC ASSET TYPE: Mixed-use BUYER: Ram Realty Advisors SELLER: Abacus Capital, FCP & Big Cypress Capital SALE PRICE: $18,600,000 SF: 100,000 ~ PPSF: $186 NOTE: Ram Realty Advisors purchased two mixed-use buildings totaling 100,000 square feet at 2218 and 2320 Toomey Ave. in Charlotte, N.C., for $18.6 million, or $186 per square foot.

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