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

Property Image
SOLD

North Carolina

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Office234,670 SF
Sold 09/06/2022
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Property Image
SOLD

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

4201 Congress Street, Charlotte, North Carolina 28209, United States

See Similar Deals
Office234,670 SF
Sold 09/06/2022

Summary

NORTH CAROLINA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:234,670 SF
Transaction Type:Sale

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.

Players

BUYER

Details

SOLD
IMAGE: 09/06/2022 ADDRESS: 4201 Congress St MARKET: Charlotte, NC ASSET TYPE: Office BUYER: Brookdale Group SELLER: Equus Capital Partners BROKER: JLL SALE PRICE: $79,900,000 SF: 234,670 ~ PPSF: $340

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