The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of Charlotte Medical Plaza I & II in Charlotte, North Carolina.
| Sale Date | February 8, 2017 |
| Sale Price | $23,000,000 |
| Price Per SF | $258 |
| Building Size | 92,581 SF |
| Occupancy | 86.40% |
The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of Charlotte Medical Plaza I & II (the “Property”) in Charlotte, North Carolina. Lee Asher and Chris Bodnar of the U.S. Healthcare Capital Markets Group partnered with Patrick Gildea of the Carolinas Institutional Properties Group to act as the seller’s exclusive advisors.
Charlotte Medical Plaza I & II is a medical office property consisting of 92,581 rentable square feet within two buildings. Charlotte Medical Plaza I, located at 300 Billingsley Road, was built in 1991 and consists of 37,232 rentable square feet. Charlotte Medical Plaza II, located at 330 Billingsley Road, was built in 1992 and consists of 55,349 rentable square feet. The Property is located between the affluent Eastover and Sedgewood neighborhoods of Charlotte in proximity to Carolinas Medical Center and Novant Health Presbyterian Medical Center. Charlotte Medical Plaza I & II is 86.4% leased to prominent healthcare providers and established private practices representing an enviable mix of specialists.
For more information on this sale, or if we can help with your healthcare real estate holdings, please contact us.
Contact Information
U.S. Healthcare Capital Markets Group
Lee Asher
Executive Vice President
Investment Properties
+1 404 504 5965
lee.asher@cbre.com
Chris Bodnar
Executive Vice President
Investment Properties
+1 303 628 1711
chris.bodnar@cbre.com
Greg Greene
Senior Vice President
Debt & Structured Finance
+1 214 979 5617
greg.greene@cbre.com
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