Tim Buckley Of Vanguard Group Acquires Office Campus From Centene In Charlotte For $117M

The property involved in the transaction is a 700,000-square-foot office campus located at 2405 Governor Hunt Road in Charlotte, NC. The asset was sold for $117 million, equivalent to approximately $167 per square foot. The buyer, Tim Buckley of Vanguard Group, acquired the property from the seller, Centene. The office campus was previously designated as Centene's East Coast headquarters.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $117,000,000
• Buyer: Tim Buckley - Vanguard Group
• Seller: Centene
• Address: 2405 Governor Hunt Road
• Market: Charlotte, NC
• Square Footage: 700,000
• Price Per Square Foot: $167

Vanguard Group, a Pennsylvania-based investment firm, made the acquisition of the office campus, expanding its real estate portfolio. The deal signifies a strategic investment opportunity for Vanguard Group in the Charlotte market, further solidifying their presence in the region's commercial real estate sector.