CNL Commercial Real Estate has won the leasing assignment for the 121 West Trade building in uptown Charlotte.
The 32-story office tower totals 330,000 square feet and is approximately 73% occupied. The largest tenant at 121 West Trade is Chicago Bridge & Iron Co., which occupies approximately 117,000 square feet, or about a third of the building, in a lease that expires in 2018.
The Dilweg Cos. acquired the building with Greenfield Partners in 2013 for $59.6 million.
CNL has been managing the…CNL Commercial Real Estate wins uptown leasing assignment
CNL Commercial Real Estate has won the leasing assignment for the 121 West Trade building in uptown Charlotte.
The 32-story office tower totals 330,000 square feet and is approximately 73% occupied. The largest tenant at 121 West Trade is Chicago Bridge & Iron Co., which occupies approximately 117,000 square feet, or about a third of the building, in a lease that expires in 2018.
The Dilweg Cos. acquired the building with Greenfield Partners in 2013 for $59.6 million.
CNL has been managing the…
Bell Partners Inc., the Greensboro-based apartment firm that recently sold a SouthPark complex for nearly $50 million, has purchased a 210-unit complex in south Charlotte for $50.5 million.
The company has acquired Hawfield Farms, an apartment community off Ardrey Kell Road, near the intersection of U.S. 521. Bell Partners has renamed the community Bell Ballantyne. The garden apartment complex property was formerly owned by a company controlled by MetLife and was 96% occupied at the time of sale.
The…