Aug
01

Charlotte’s Alexander Place Apartments Sold

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Ohio real estate investment firm The Connor Group The Connor Group Latest from The Business Journals Connor Group buys apartments in CharlotteConnor Group names two new partnersDayton’s 25 fastest-growing companies named Follow this company has purchased the 309-unit Alexander Place Apartments in Charlotte for an undisclosed price.

The most recent county property records value the site at $11.3 million, however no updated sale information is available.

The Connor Group first entered the N.C. market in 2007 and has since purchased more than $140 million in luxury apartment communities in the Raleigh and Durham areas.

Alexander Place was built in 1985 and renovated in 2008. It is on 37 acres and sits between SouthPark mall and Quail Hollow Club. The Connor Group plans to acquire additional Class-A properties in North Carolina.

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