Single-story Office, Light Industrial Portfolio Sells for Nearly $53M

©HFF

A four-building office and light industrial portfolio at The Park-Huntersville has traded hands.

Comprising the Boyce Building, Campbell Building, Smith Building and Stewart Building, the portfolio sold for nearly $53 million, according to a source with knowledge of the deal. The portfolio is one of several being marketed by HFF within the mixed-use development off the Gilead Road exit on Interstate 77.

Bank of America Corp. (NYSE: BAC), as trustee, sold the portfolio to Alidade Capital Fund IV LP, a private investment fund organized and managed by Bloomfield Hills, Mich.-based real estate fund manager and investment adviser Alidade Capital.

Click here to read the full CBJ article written by Ashley Fahey.