Sonja Hoel Perkins Of Perkins Fund Acquires Office Building From Michael Fallon For $24.9M

The office asset located at 301 South McDowell Street in Charlotte, NC was recently sold for $24,900,000. The property features a total square footage of 184,144, translating to a price per square foot of $135. This 13-story building, which was constructed in 1971, underwent renovations in 2018 and is currently 90% leased.

Sonja Hoel Perkins represents the Perkins Fund in acquiring this asset from Michael Fallon, who represents The Fallon Company. The deal showcases the involvement of CBRE as the brokerage facilitating the transaction for this office property in the Charlotte market.