Griffin Partners Lace Up Pair of Charlotte Office Buildings for $51M

Griffin Partners has completed its $50.9-million acquisition of Carnegie and Roxborough, two newly renovated office buildings totaling 179,242 square feet in Charlotte, NC.

Ryan Clutter and Daniel Flynn of JLL represented the seller, a partnership between Spectrum Companies and Intercontinental Real Estate Corporation.

Carnegie and Roxborough offer newly updated lobbies, state-of-the-art buildouts and tenant lounges. Carnegie at 6525 Carnegie Boulevard is a five-story, 115,442-square-foot building. Roxborough at 1901 Roxborough Road features four stories of office space totaling 63,800 square feet. The properties are 88.4% leased.

Carnegie and Roxborough are positioned on nearly five acres in the Charlotte submarket of SouthPark. The properties are directly across the street from the high-end SouthPark Mall and have access to nearly three million square feet of nearby retail, restaurant and grocery amenities. The SouthPark submarket is a live-work-play environment with 2,500 multi-housing units and 1,800 hotel rooms alongside mixed-use and office developments.

Photo: Carnegie