Anchor Health Properties Acquires Azalea Building In Charlotte For $59.5M From The Harris Land Co

Anchor Health Properties acquired an office asset located at 6324 Fairview Road in Charlotte, NC. The deal was finalized for a total of $59,500,000, which equates to approximately $391 per square foot for the 151,993-square-foot property.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $59,500,000
• Buyer: Anchor Health Properties
• Seller: The Harris Land Co
• Square Footage: 151,993
• Price Per Square Foot: $391
• Market: Charlotte, NC

The acquisition was facilitated by Charlottesville-based Harris Land Co., representing the seller in this transaction. This sale underscores Anchor Health Properties' strategic expansion within the office market.