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Atlanta & Southeast  + Southeast  + Office  |  December 20, 2019
David Cohen
By: David Cohen

CushWake Brokers Sale of 48K-SF Office Building in Chapel Hill

Cushman & Wakefield has arranged the sale of Castalia at Meadowmont, a 47,970-square-foot office building located in Chapel Hill, NC. The sales price was undisclosed.

Located at 301 West Barbee Chapel Rd., Castalia at Meadowmont was built in 2009 and sits within Meadowmont’s master-planned, mixed-use development. The three-story property features a brick and glass exterior and is primarily occupied by investment services and wealth management advisory services. The building also includes luxury residential condominiums on the third floor that remained under their current ownerships after the sale.

David Finger and Sara Owen of Cushman & Wakefield represented the seller, Castalia Group LLC, in the transaction. GEM Land Company acquired the property.

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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