Black Mountain Acquires West End Center Office Complex In Winston-Salem For $19.05M

The property asset involved in the transaction is an office complex located at 801 West 4 1/2 St, Winston-Salem, NC. The total sale price of the property was $19,050,000, which translates to $40.95 per square foot for a total area of 465,148 square feet. This complex spans an area of 2.4 acres.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $19,050,000
• Address: 801 West 4 1/2 St, Winston-Salem, NC
• Market: Winston-Salem, NC
• Total Square Footage: 465,148
• Price per Square Foot: $40.95
• Total Acres: 2.4
• Buyer: Black Mountain

The transaction involved the acquisition of the West End Center office complex, which consists of two buildings. The seller was represented by LLCs connected to Brazilian retail magnate Michael Klein, marking a significant transfer of an office asset.