Shorenstein Properties has sold the Commons at the Park, at 6800 Solectron Drive in Charlotte, N.C. Terms of the transaction were not disclosed.
Located in Charlotte’s innovation and research hub, University Park, the Commons at the Park is a 430,000-square-foot, adaptive re-use campus on a 63-acre wooded site. Shorenstein conducted a complete renovation of the property, creating an amenity-driven campus and an optimal environment for work and wellness, complete with a fitness center, conference and training center, future café and 1.5-acre central park. Located minutes from Uptown and UNC Charlotte, the Commons at the Park positions tenants to tap into the market’s strong existing talent pool while offering exceptional nearby amenities, accessibility and connectivity.
“We are pleased to have completed the sale of the Commons at the Park,” said Matt Knisely, managing director at Shorenstein Properties. “Since Shorenstein’s initial investment in 2019, the p