Updated Oct 23, 2026
Endeavor Real Estate Group Acquires Class A Office Building In Charlotte For $38.8M
6101 Carnegie Boulevard
$38,800,000
$356/SF
Building Size
108,931 SF
Asset Type
Office
Closing
Oct 22, 2026
About this deal
AI
Endeavor Real Estate Group acquired Carnegie Point, a 108,931-square-foot office building located at 6101 Carnegie Boulevard in Charlotte, NC, for $38.8 million. This Class A office property is situated in the SouthPark area and is currently 92% leased. The building has recently undergone upgrades to modernize its amenities.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $38,800,000
- Square Footage: 108,931
- Price per Square Foot: $356
- Buyer: Endeavor Real Estate Group
- Seller: Redline Property Partners
- Brokers: Patrick Gildea & Matt Smith - CBRE
- Date of Sale: 10/22/2026
This transaction marks the first property acquisition by Austin-based Endeavor Real Estate Group in Charlotte. The seller, Redline Property Partners, is based in Charlotte and facilitated the sale of the five-story building.
On the Map
$38,800,000
$356/SF
Office
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Charlotte Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.41%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93