Charlotte NC

227 Southside Drive

Property Overview: 50,000 sf multi-tenant industrial warehouse on 4.0 acres located in the Lower South End submarket, also known as the “entertainment/brewery” district due to the area offering the highest concentration of food and beverage locations in Charlotte.

Investment Overview: Acram Group will reposition the brick and concrete warehouse as unique creative office space through significant sitework improvements, new window and glass entryway openings in the brick façade while renovating the tenant suites and building new restrooms. In addition, there is long-term development optionality for the 4.0-acre site (approx. 525k sf buildable) as the surrounding area continues to improve.

Address:
227 Southside Drive
Charlotte, NC

Property:
50,000 sf industrial warehouse

Acquisition Date:
December 2020

Strategy:
Opportunistic

Status:
Unrealized