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Transactions - OCTOBER 7, 2022

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Office buildings in Charlotte, N.C., sell for $50.85m

by Released

Spectrum Cos. and Intercontinental Real Estate Corp. have sold Carnegie and Roxborough, two premier, newly renovated office buildings totaling 179,242 square feet in Charlotte, N.C. Griffin Partners paid $50.85 million for the assets.

Carnegie and Roxborough are positioned on nearly five acres in the heart of SouthPark, one of Charlotte’s most affluent submarkets. The properties are directly across the street from the high-end SouthPark Mall and have access to nearly 3 million square feet of nearby retail, restaurant and grocery amenities. The SouthPark submarket is a true live-work-play environment boasting more than 2,500 multi-housing units and more than 1,800 hotel rooms alongside mixed-use and office developments.

Recently renovated, Carnegie and Roxborough offer newly updated lobbies, state-of-the-art buildouts and tenant lounges. Carnegie, which is located at 6525 Carnegie Blvd., is a five-story, 115,442-square-foot building. Located at 1901 Roxborough Road, R

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