A joint venture between RXR, One Investment Management (OneIM), a global alternative investment management firm, and Liberty Mutual Investments (LMI), the investment firm for Liberty Mutual Group, has closed a $105 million structured equity investment that will fund the second phase of the Queensbridge Collective, a mixed-used, 304-unit residential and trophy office development in Charlotte, N.C.
Located at 1111 South Tryon, Queensbridge Collective is a Phase II project that will complement a recently completed adjacent 42-story, 304-unit residential tower at 111 East Carson Blvd. As part of the second phase, the project will include 397,000-square feet of office space, tapping into the bustling South End and Uptown neighborhoods as a premier mixed-use location.
Riverside Investment & Development Company, a Chicago-based real estate investment firm, is developing the Queensbridge Collective and recently announced that Moore & Van Allen, one of the largest law f