Holly Alexander and Kenny Smith represented local real estate investor, Primero LLC with their disposition of 916 W 5th Street and 1031 exchange purchase of Albemarle Business Park.
The 50,000 square foot, multi-tenant office building is located in the heart of East Charlotte. In addition to handling leasing, New South Properties was hired to manage the facility. Silvia Balan will be in charge of day to day management of the property.
New South Properties is proud to be part of this growing submarket. The City of Charlotte recently announced the local MLS franchise will build their corporate headquarters on the former Eastland Mall site. There are exciting days ahead for East Charlotte and New South Properties hopes to play a key role in the corridor revitalization.
Our office team and property management group have the necessary experience to meet all your commercial real estate needs. Our market knowledge combined with a team approach ensures unparalleled coverage for assets. Hire New South Properties to be your full service provider.
We’ll see you at Albemarle Business Park.