Charlotte Business Journal White Oak Partners has bought the Matthews Square Apartments, a 350-unit complex in the Charlotte, N.C., suburb of Matthews, N.C., for $92.5 million, or about $264,286/unit. The Westerville, Ohio, company acquired the property from The Bainbridge Cos. ...
Commercial Real Estate Direct Staff Report NexPoint Residential Trust Inc. has paid $121.5 million for two apartment properties with a combined 504 units in suburban Charlotte, N.C. The Dallas REIT paid $58 million, or $241,667/unit, for the 240-unit Bexley at ...
Matthews Corners Shopping Center is fully leased to tenants that include Hobby Lobby, Marshalls, Academy Sports + Outdoors and Ollie's Bargain Outlet.
94.1 percent leased. The deal results in a capitalization rate of 6.1 percent.
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