Charlotte’s Galleria Village Apartments Sold


Chicago-based Westdale Investment Partners LLC, a multifamily investment firm, has acquired the 210-unit Galleria Village Apartments at 1616 Galleria Club Ln. in Charlotte for $18.5 million from Charlotte-based Charter Properties. Built in 2005, the complex is a garden-style residential apartment community consisting of seven two- and three-story buildings. Community amenities include a pool and a fitness center, a business with Wi-Fi access, garages and storage, a laundry center, a car care center and picnic areas. This is the first acquisition in Charlotte for Westdale Investment Partners, formerly Redwood Capital Partners. Dean Smith of ARA represented Charter Properties in the multifamily transaction.

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