Property Overview: 68,000 sf industrial property located in the South End of Charlotte.
Investment Overview: Acram Group purchased the property due to its excellent location and physical attributes. Shortly after closing, Acram began the process of repositioning the property to a single story adaptive re-use building positioned for office and retail users. With excellent light and air, ample parking, high ceilings and dedicated entrances, the property is well positioned to capitalize on the activity in the market. In addition, the property has substantial air-rights which can be leveraged in the future.
Address:
300 Rampart Street
Charlotte, NC
Property:
68,000 flex industrial
Acquisition Date:
October 2019
Strategy:
Value-add
Status:
Unrealized