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Asana Partners Acquires Cotswold Village Retail Property In Charlotte, NC For $110.4M

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SOLD
$110,400,000

North Carolina

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Retail260,000 SF
Sold 11/01/2023
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SOLD

Asana Partners Acquires Cotswold Village Retail Property In Charlotte, NC For $110.4M

282 South Sharon Amity Road

See Similar Deals
Retail260,000 SF
Sold 11/01/2023
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Summary

NORTH CAROLINA
Asset Type:Retail
Price Per Square Foot:$424
Total Square Footage:260,000 SF
Transaction Type:Sale

Terry S. Brown and David R. Lukes have completed the sale transaction for the retail property located at 282 South Sharon Amity Road in Charlotte, NC. The property, known as Cotswold Village, spans an area of 21.7 acres.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $110,400,000
  • Address: 282 South Sharon Amity Road
  • Market: Charlotte, NC
  • Asset Type: Retail
  • Acres: 21.7

Terry S. Brown, representing Asana Partners, acquired the Cotswold Village retail property from David R. Lukes, who represented SITE Centers Inc. The sale was finalized at a price of $110.4 million, with a price per square foot of approximately $424.62.

Note: Asana Partners' purchase of Cotswold Village in Charlotte, North Carolina, marks a significant acquisition, valued at $110.4 million and reflecting a price of $424.62 per square foot.

Players

Terry Brown
5 deals$169.4M volume
BUYER

David Lukes
SITE Centers
28 deals$1.6B volume
SELLER

Details

SOLD
IMAGE: Terry S. Brown & David R. Lukes DATE: 11/01/2023 ADDRESS: 282 South Sharon Amity Road MARKET: Charlotte, NC ASSET TYPE: Retail ~ ACRES: 21.7 BUYER: Terry S. Brown - Asana Partners SELLER: David R. Lukes - SITE Centers Inc SALE PRICE: $110,400,000 SF: 260,000 ~ PPSF: $425 NOTE: Asana Partners has acquired the Cotswold Village retail property in Charlotte, North Carolina, for $110.4 million at approximately $424.62 per square foot.

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