Brookdale Group Acquires Office Property In Charlotte, NC For $79.9M

The office building located at 4201 Congress St in Charlotte, NC has been sold in a recent transaction. The buyer, Brookdale Group, acquired the property from the seller, Equus Capital Partners. The deal was facilitated by JLL, who acted as the broker.

Summary of transation details

• Property Type: Office
• Sale Price: $79,900,000
• Square Footage: 234,670
• Price per Square Foot: $340

The sale of this office building marks a significant transaction in the Charlotte, NC market. The property boasts 234,670 square feet of space and was sold for a price of $79,900,000, equating to a price per square foot of $340. Brookdale Group, as the buyer, saw the value in this asset and completed the acquisition. Equus Capital Partners, the seller, successfully monetized their investment in this office property. JLL played a pivotal role in facilitating the transaction, ensuring a smooth process for all parties involved.