Aug
13

Charlotte’s Morrocroft Office Building Sold

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The Keith Corp. has purchased a 58,445-square-foot office building in Charlotte’s SouthPark area for $11.89 million ($203.44/sf).

The building at 4500 Cameron Valley Parkway, known as Morrocroft Building One, was sold by three companies. The majority owner was a company controlled by George Dewey IV, president of Charlotte real estate firm Aston Properties. The minority ownership entities were companies managed by Andrew Boukidis and Brenda Wellmon.

The property is leased to tenants that include Merrill Lynch, Grubb Properties, Yadkin Valley Bank and Trust, Lincoln National Life Insurance Co. and Scott & Stringfellow.

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    Categories : Charlotte

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