Shopoff Realty Investments, Praelium and an affiliate of Singerman Real Estate (SRE) have acquired Three Resources Square, a four-story, class A, 126,500-square-foot office building set on 13.62 acres in Charlotte, N.C.
The building is currently anchored by investment-grade tenant Republic Services.
“This property is well-positioned in the University Tech market of Charlotte, which has seen an influx of high-profile firms in recent years, including Credit Karma, Lending Tree, Lowe’s and Centene Corporation,” explained William Shopoff, president and CEO of Shopoff Realty. “With a prime location, and an investment-grade tenant like Republic Services, we are confident this property will provide a solid investment for the partnership.”
Charlotte and the surrounding suburban markets offer a fast-growing and well-educated workforce, relative affordability, and high quality of life that help support the office market and attract large firms.
Scott San
