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CB Equities Acquires 64,198 SF Office Building In Charlotte For $9.2M

Property Image
SOLD
$9,200,000
Patrick Gildea
Matt Smith
+ 2

North Carolina

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Office64,198 SF
Sold 08/28/2023
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Property Image
SOLD

CB Equities Acquires 64,198 SF Office Building In Charlotte For $9.2M

600 Forest Point Circle

See Similar Deals
Office64,198 SF
Sold 08/28/2023
Patrick Gildea
Matt Smith
+ 2
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Summary

NORTH CAROLINA
Asset Type:Office
Price Per Square Foot:$143
Total Square Footage:64,198 SF
Transaction Type:Sale

CB Equities, based in New England, has acquired Forest Park IV, a 64,198-square-foot office building located at 600 Forest Point Circle in southwest Charlotte, North Carolina. The property was sold by Franklin Street Properties Corp for a price of $9,200,000, resulting in a price per square foot of $143. This transaction took place on August 28, 2023.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: $9,200,000
  • Square Footage: 64,198
  • Address: 600 Forest Point Circle, Charlotte, NC

John Conley from CB Equities served as the buyer in this transaction, while George J. Carter represented Franklin Street Properties Corp as the seller. The deal was facilitated by Grayson Hawkins, Matt Smith, Patrick Gildea, and Robert Hardaway from CBRE, who acted as the brokers involved.

Players

Patrick Gildea
17 deals$479.1M volume
BROKER

Matt Smith
CBRE
16 deals$445.8M volume
BROKER

Grayson Hawkins
CBRE
10 deals$239.4M volume
BROKER

Robert Hardaway
CBRE
8 deals$137.6M volume
BROKER

George Carter
Franklin Street Properties
4 deals$38.3M volume
SELLER

Details

SOLD
IMAGE: John Conley, George J. Carter, Patrick Gildea, Matt Smith, Grayson Hawkins & Robert Hardaway DATE: 08/28/2023 ADDRESS: 600 Forest Point Circle MARKET: Charlotte, NC ASSET TYPE: Office BUYER: John Conley - CB Equities SELLER: George J. Carter - Franklin Street Properties Corp BROKERS: Grayson Hawkins, Matt Smith, Patrick Gildea & Robert Hardaway - CBRE SALE PRICE: $9,200,000 SF: 64,198 ~ PPSF: $143 NOTE: CB Equities, based in New England, has acquired Forest Park IV, a 64,198-square-foot office building in southwest Charlotte, for over $9 million.

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