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Bridge Investment Group Acquires 227K-SF Office Portfolio Near Charlotte Airport
Bridge Investment Group subsidiary Bridge Office has acquired LakePointe Corporate Center 3 and 5, a two-building, 226,863-square-foot, office portfolio adjacent to Charlotte Douglas International Airport in Charlotte. The sales price was not disclosed.
Originally built between 2001 and 2006, the campus recently underwent $1.6 million in interior, exterior and common area renovations. Currently 52% and 100% occupied respectively, LakePointe 3 and 5 are home to a tenant roster that includes Compass Group, Fontem Ventures, Midrex Technologies, Toshiba and Westinghouse.
“As the latest purchase for Bridge’s ever-growing Charlotte portfolio, the acquisition of LakePointe Corporate Center 3 and 5 strengthens our foothold in one of the country’s most prolific office markets,” said Tommy Spinosa, director of acquisitions and asset management at Bridge Investment Group.
Ryan Clutter of JLL represented the undisclosed seller in the transaction.
For comments, questions or concerns, please contact David Cohen
- ◦Sale/Acquisition
