InvenTrust Properties Acquires Retail Property In Charlotte, NC For $22.4M

An retail property located at 8445 Davis Lake Parkway in Charlotte, NC has been sold for $22,400,000. The property spans across 90,820 square feet, resulting in a price per square foot of $247. The transaction took place on June 8, 2023. The seller, Cambridge Properties, sold the property to the buyer, InvenTrust Properties, in this closed deal.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $22,400,000
• Address: 8445 Davis Lake Parkway, Charlotte, NC
• Square Footage: 90,820
• Price per Square Foot: $247
• Market: Charlotte, NC
• Buyer: InvenTrust Properties
• Seller: Cambridge Properties

InvenTrust Properties, as the buyer, and Cambridge Properties, as the seller, were the key participants in this transaction. They were represented by their respective brokers or representatives.