Cushman & Wakefield Secures Sale of 1-Acre Land Parcel

Bank of America

Prime Corner Site Located in Charlotte’s SouthPark Submarket

Cushman & Wakefield has arranged the sale of 22,000-square-foot office building on a 1-acre land parcel at 6200 Fairview Road in Charlotte, North Carolina’s SouthPark submarket. Rob Cochran, Jared Londry and Nolan Ashton of Cushman & Wakefield represented the seller, Bridge Investment Group, in the transaction. BC-Fairview, LLC acquired the site.

The site is leased to Bank of America and is located at the heavily traveled intersection of Fairview Road and Barclay Downs Road. The tenant has been operating at this site since 1966.

“Given its location directly across the street from the SouthPark Mall and the tenant’s credit, this opportunity attracted a large group of investors looking for a combination of a secure short-term yield and long-term value in this well-located site,” Cochran said.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

 

2019-04-04T14:55:49-04:00April 8th, 2019|In the News, Press Release|