×

Charlotte, NC | CBD Office | Closed in Online CRE Auction

  • Jul 12, 2018
  • Marketplace Closings

The online auction sale of the downtown Charlotte, North Carolina high-rise office building resulted in a closing price that exceeded the seller's expectations.

The Cameron Brown office building sold in an online CRE auction via RealINSIGHT MarketplaceSALE PRICE: $24,500,000

The sale of a 184,000+ SF downtown Charlotte, North Carolina high-rise office property demonstrates that RealINSIGHT Marketplace’s online auction process is the right choice for selling CBD office buildings. Marketplace partnered with a prominent, local investment sales brokerage team to aggressively market the opportunity to acquire a prominent, CBD office building with below-market occupancy and at a significant discount to replacement cost.  A true value-add opportunity coupled with an efficient, transparent sales process and a focus on bringing as many qualified investors to register for the live event, resulted in a highly competitive bidding environment ultimately driving pricing well above (or beyond) the seller’s expectations.

 

To learn more, please visit the Cameron Brown Building page or contact us at info@rimarketplace.com.