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210 East Trade Street

Updated Nov 3, 2026

SOLDMixed-use

Clay Duvall, David Binswanger, And Charlotte Hornets Acquire Queen City Quarter In Charlotte

210 East Trade Street

Building Size

304,324 SF

Asset Type

Mixed-use

Closing

Nov 3, 2026

About this deal

AI

210 East Trade Street in Charlotte, NC is a mixed-use development known as Queen City Quarter, encompassing a total square footage of 304,324. The property was involved in a sale that finalized on November 2, 2026. The specific sale price was not disclosed, and the new owners are currently assessing plans for revitalization of the site, which was formerly the EpiCentre complex.

Summary of transation details:

In this transaction, the buyers include notable firms such as Lincoln Property Company, Vision Ventures, and the Charlotte Hornets. The deal was facilitated by brokers Patrick Gildea, Matt Smith, and Adam Russ from CBRE, who played significant roles in arranging the acquisition of the property.

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Players

Patrick Gildea

CBRE

Broker

$604.7M

vol

22 deals

Broker
Clay Duvall

Clay Duvall

Lincoln Property Company

Buyer

$2.5B

vol

37 deals

Buyer

Trade Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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