{"id":1004133016,"date":"2015-12-07T07:20:46","date_gmt":"2015-12-07T15:20:46","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004133016"},"modified":"2020-05-12T03:45:41","modified_gmt":"2020-05-12T11:45:41","slug":"hff-leads-6-7m-sale-of-charlotte-office-building","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hff-leads-6-7m-sale-of-charlotte-office-building\/","title":{"rendered":"HFF Leads $6.7M Sale of Charlotte Office Building"},"content":{"rendered":"<p><em>By Adelina Osan, Associate Editor<\/em><\/p>\n<div id=\"attachment_1004133201\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/One-University-Place-2.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004133201\" data-attachment-id=\"1004133201\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hff-leads-6-7m-sale-of-charlotte-office-building\/one-university-place-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/One-University-Place-2.jpg\" data-orig-size=\"460,345\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"One-University-Place-2\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;One University Place&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/One-University-Place-2.jpg?w=460\" class=\"size-medium wp-image-1004133201\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/One-University-Place-2.jpg\" alt=\"One University Place\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/One-University-Place-2.jpg 460w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/One-University-Place-2.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004133201\" class=\"wp-caption-text\">One University Place<\/p><\/div>\n<p>Chicago-based <a href=\"https:\/\/www.origincapitalpartners.com\/\" rel=\"nofollow\" target=\"_blank\">Origin Capital Partners<\/a> recently acquired an 80,891-square-foot office property within the University Place mixed-use development in Charlotte for $6.7 million. One University Place was purchased from Financial Enterprises III free and clear of debt and <a href=\"https:\/\/www.hfflp.com\/\" rel=\"nofollow\" target=\"_blank\">HFF<\/a> facilitate the transaction.<\/p>\n<p>Located at 8801 JM Keynes Dr. within the University Place development in northeast Charlotte, One University Place is connected to the Shoppes at University Place offering a variety of retail, restaurant, medical and lodging amenities including a Hilton hotel, Dick\u2019s Sporting Goods, Office Depot, Sam\u2019s Club, TJ Maxx, Applebee\u2019s, Chick-fil-A and Love Sushi.<\/p>\n<p>One University Place was originally built in 1986 and was 66 percent leased at the time of the sale to a mix of health care, technology, consulting and business services tenants. The largest tenants at the property are Bayada Home Health Care and University Radio.<\/p>\n<p>\u201cOne University Place represents a compelling investment opportunity in a thriving corner of the University area of Charlotte.  This office submarket is the tightest it has been in many years and in 2017, the light rail line extension will open up in immediate proximity to this building, further connecting the asset to other major business corridors of Charlotte,\u201d said Ryan Clutter, senior managing director at HFF. \u201cWe received considerable interest in the asset from the marketplace as investors were drawn to these attractive characteristics of One University Place.\u201d<\/p>\n<p>HFF closed the sale of One University Place and assisted the new owner in securing an acquisition loan through <a href=\"https:\/\/www.firsttennessee.com\/\" rel=\"nofollow\" target=\"_blank\">First Tennessee Bank<\/a>. Clutter led the HFF investment sales team representing the seller and Travis Anderson, senior managing director, along with Cory Fowler, associate director, led HFF\u2019s debt placement team representing the borrower.<\/p>\n<p><em>Image courtesy of REBusinessOnline.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HFF closed the $6.7 million sale of the 80,891-square-foot One University Place in northeast Charlotte to Origin Capital Partners.<\/p>\n","protected":false},"author":735,"featured_media":1004133201,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1582,21781,21743,11,21742,21747],"tags":[],"class_list":["post-1004133016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-charlotte","category-corporate-real-estate","category-deals","category-midatlantic","category-latest","category-office"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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