SOLD
Spectrum Cos., Invesco Real Estate Acquire Office Building In Charlotte, NC For $65.5M
1001 Morehead Square Drive
Office
133,107 SF
133,107 SF
Sold 1 year ago
Summary
Sale
NORTH CAROLINA
Office
133,107 sqft
The office property located at 1001 Morehead Square Dr in Charlotte, NC has been sold in a transaction. The property spans 133,107 square feet, with a sale price of $65,500,000, resulting in a price per square foot of $492. The sale was facilitated by CBRE, with Patrick Gildea, Matt Smith, Grayson Hawkins, Joe Franco, Kris Westmoreland, and Emily Barth representing the seller, Ferncroft Capital.
Summary of transation details
- Property Type: Office
- Transaction Amount: $65,500,000
- Square Footage: 133,107
- Price per Square Foot: $492
- Address: 1001 Morehead Square Dr, Charlotte, NC
- Market: Charlotte, NC
Spectrum Cos. and Invesco Real Estate acted as the buyers in this deal. Additionally, CBRE played a significant role as the seller's representative.
Players
All
7
Agents
6
Agencies
1
Details
SOLD
IMAGE: Patrick Gildea, Matt Smith, Grayson Hawkins, Joe Franco, Kris Westmoreland, Emily Barth
DATE: 12/10/2021
ADDRESS: 1001 Morehead Square Dr
MARKET: Charlotte, NC
ASSET TYPE: Office
BUYER: Spectrum Cos.,& Invesco Real Estate
SELLER: Ferncroft Capital
SELLER'S REP: Patrick Gildea, Matt Smith, Grayson Hawkins, Joe Franco, Kris Westmoreland, Emily Barth - CBRE
SALE PRICE: $65,500,000
SF: 133,107 ~ PPSF: $492View on map
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Address1001 Morehead Square Drive
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