Piedmont Capital Acquires Retail Property On Ashley Rd In Charlotte, NC For $7.9M

The retail property located at 1610 Ashley Rd in Charlotte, NC has been sold in a recent transaction. The property spans a total area of 52,104 square feet and was sold for a price of $7,900,000. This translates to a price per square foot of $152. The sale was facilitated by brokers Thomas Kolarczyk, Bill Moylan, and Ryan Eklund from JLL.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $7,900,000
• Square Footage: 52,104
• Price per Square Foot: $152
• Address: 1610 Ashley Rd, Charlotte, NC
• Market: Charlotte, NC

Piedmont Capital served as the buyer in this transaction, while Rosen Charlotte LLC acted as the seller. The deal was successfully closed with the assistance of Thomas Kolarczyk, Bill Moylan, and Ryan Eklund from JLL.