Terry S. Brown Of Asana Partners Acquires Retail Center In Charlotte For $60 Million

The property involved in this transaction is a retail asset located at 6401 Carnegie Boulevard, Charlotte, NC. It encompasses a total area of 65,276 square feet and is situated on a 6.41-acre site. The sale price for the property was $60,000,000, which translates to a price per square foot of $919. The property is fully leased and is known as Specialty Shops SouthPark, located across from SouthPark Mall.

This deal saw Terry S. Brown representing Asana Partners acquire the property from a joint venture comprised of Robert Spratt from Hill Partners, Inc and William Huffman from Nuveen. Berkeley Capital Advisors facilitated the transaction, highlighting their involvement in managing the sale of this fully leased retail center.