ALTO Real Estate Funds Acquires Retail Property In Charlotte For $12.2M

This retail property in Charlotte, North Carolina was recently sold for approximately $12,200,000. The transaction took place on November 16, 2021, and the property is located at 8813 J.W. Clay Blvd. The total square footage of the asset is 93,896, resulting in a price per square foot of $130.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $12,200,000 (Approx.)
• Address: 8813 J.W.Clay Blvd, Charlotte, North Carolina
• Market: Charlotte, North Carolina
• Square Footage: 93,896
• Price per Square Foot: $130

The buyer in this transaction is ALTO Real Estate Funds, specifically Mody Kidon and Yaniv Melamud. They represented themselves in the deal.