{"id":1004370593,"date":"2019-11-22T08:53:30","date_gmt":"2019-11-22T16:53:30","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004370593"},"modified":"2019-11-22T08:55:12","modified_gmt":"2019-11-22T16:55:12","slug":"charlotte-creative-office-building-trades-for-32m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/charlotte-creative-office-building-trades-for-32m\/","title":{"rendered":"Charlotte Creative Office Building Trades for $32M"},"content":{"rendered":"<div id=\"attachment_1004370596\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Bowers2.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004370596\" data-attachment-id=\"1004370596\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/charlotte-creative-office-building-trades-for-32m\/bowers2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Bowers2.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;9&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;NIKON D810&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1550340292&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;17&quot;,&quot;iso&quot;:&quot;200&quot;,&quot;shutter_speed&quot;:&quot;0.066666666666667&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Bowers. Image courtesy of CBRE\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Bowers. Image courtesy of CBRE&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Bowers2.jpg?w=800\" class=\"wp-image-1004370596 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Bowers2.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Bowers2.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Bowers2.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Bowers2.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004370596\" class=\"wp-caption-text\">Bowers. <em>Image courtesy of CBRE<\/em><\/p><\/div>\n<p>RMR Office Property Fund has purchased Bowers, a 73,560-square-foot mixed-use development in Charlotte, N.C., for $32 million. CBRE\u2019s Patrick Gildea, Matt Smith and Grayson Hawkins brokered the sale on behalf of the seller, White Point. The team recently arranged the sale of a <a href=\"https:\/\/www.commercialsearch.com\/news\/charlotte-office-building-sells-for-38m\/\">Charlotte office building<\/a> for $38 million.<\/p>\n<p>Situated at 4001 Yancey Road, the three-building property was originally constructed in the 1940s and 1950s and formerly housed a family-owned textile business. The buildings were completely renovated in 2018 and now operate as creative office and retail space, hosting tenants such as Artisanal Brewing Ventures, Chef Alyssa\u2019s Kitchen, SentryOne and Investor Management Services.<\/p>\n<p>The mixed-use property occupies five acres in Charlotte\u2019s South End, near Interstate 77, approximately 4 miles from downtown Charlotte. The property is within 7 miles of Charlotte Douglas International Airport and provides access to light rail line 501 on Old Pineville Road. Other nearby amenities include restaurants and retailers along Old Pineville Road, including T.J. Maxx and Walgreens.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>White Point sold Bowers, a creative office and retail development in Charlotte\u2019s South End. <\/p>\n","protected":false},"author":871,"featured_media":1004370596,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1582,21743,21783,21752,21742],"tags":[32789,47969,47972],"class_list":["post-1004370593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-charlotte","category-deals","category-investment","category-mixed-use","category-latest","tag-cbre","tag-rmr-office-property-fund","tag-white-point"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Charlotte Creative Office Building Trades for $32M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/charlotte-creative-office-building-trades-for-32m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Charlotte Creative Office Building Trades for $32M\" \/>\n<meta property=\"og:description\" content=\"White Point sold Bowers, a creative office and retail development in Charlotte\u2019s South End.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/charlotte-creative-office-building-trades-for-32m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-22T16:53:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-11-22T16:55:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Bowers2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Evelyn Jozsa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/charlotte-creative-office-building-trades-for-32m\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/charlotte-creative-office-building-trades-for-32m\\\/\"},\"author\":{\"name\":\"Evelyn Jozsa\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/7a1fad8f1e02fa4d8f81f7e9ad21736a\"},\"headline\":\"Charlotte Creative Office Building Trades for $32M\",\"datePublished\":\"2019-11-22T16:53:30+00:00\",\"dateModified\":\"2019-11-22T16:55:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/charlotte-creative-office-building-trades-for-32m\\\/\"},\"wordCount\":177,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/charlotte-creative-office-building-trades-for-32m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2019\\\/11\\\/Bowers2.jpg\",\"keywords\":[\"CBRE\",\"RMR Office Property Fund\",\"White Point\"],\"articleSection\":[\"Charlotte\",\"Deals\",\"Investment\",\"Mixed Use\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/charlotte-creative-office-building-trades-for-32m\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/charlotte-creative-office-building-trades-for-32m\\\/\",\"name\":\"Charlotte Creative Office Building Trades for $32M - 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