Anthony Brady & Edward P. Nordberg, Jr Purchase Charlotte Mixed-Use Property For $11M | 8700 Red Oak Boulevard | Mixed-use | Sale

Summary

Sale

NORTH CAROLINA

Mixed-use

162,236 sqft

The 81,118-square-foot Scarlet Oak office/flex industrial building located at 8700-8702 Red Oak Boulevard in Charlotte, N.C., was sold for $11 million. The transaction was facilitated by CBRE.

Summary of transation details:

Property Type: Mixed-use
Transaction Amount: $11,000,000
Buyer: Anthony Brady - Somerset Properties & Edward P. Nordberg, Jr - ABR Capital Partners
Seller: Edward Griffin - Griffin Partners
Market: Charlotte, NC

Anthony Brady of Somerset Properties and Edward P. Nordberg, Jr of ABR Capital Partners were the buyers of the Scarlet Oak building, while Edward Griffin represented Griffin Partners as the seller in the transaction.

Details

Deal Summary

SOLD

IMAGE: Anthony Brady, Edward P. Nordberg, Jr & Edward Griffin DATE: 02/13/2024 ADDRESS: 8700-8702 Red Oak Boulevard MARKET: Charlotte, NC ASSET TYPE: Mixed-use BUYER: Anthony Brady - Somerset Properties & Edward P. Nordberg, Jr - ABR Capital Partners SELLER: Edward Griffin - Griffin Partners SALE PRICE: $11,000,000 SF: 81,118 ~ PPSF: $136 NOTE: Somerset Properties and ABR Capital Partners acquired the 81,118-square-foot Scarlet Oak office/flex industrial building in Charlotte, N.C., for $11 million, with CBRE facilitating the transaction.

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Address8700 Red Oak Boulevard

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