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Atlanta & Southeast  + Southeast  + Office  |  January 27, 2021
David Cohen
By: David Cohen

CBRE Brokers $201M Sale of Charlotte CBD Office Property

CBRE has arranged the $201 million sale of 300 South Brevard Street, a 358,414-square-foot office building in Charlotte’s Central Business District.

The 15-story building has a modern design and is situated close to the city’s light rail, Charlotte Convention Center, and a number of hotels. The property is currently fully occupied by anchor tenant Wells Fargo on a long-term lease. Middle C Jazz Club and the Public House restaurant occupy the retail space in the building along Brevard Street. A full-scale renovation was completed in 2020, including a full elevator modernization, roof replacement, electrical upgrade, common area renovations, and facade improvements.

Patrick Gildea, Matt Smith, Brandon McMenomy, Grayson Hawkins, and Will Pike of CBRE represented the seller, Stream Realty Partners, in the transaction. CBRE’s Debt and Structured Finance Team of Greg Greene and Harris Ralston secured financing for the buyer, Hana Alternative Asset Management.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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