Trinity Partners is pleased to announce the sale of 2719 – 2763 Interstate Street, a 60,038 square foot office/warehouse building located in Charlotte’s Airport 85 Business Park, to Front Street Capital.

Dunn Mileham, David Morris, and Eric Jennings of Trinity Partners’ Investment Sales team represented the seller, a fund managed by Brookfield Asset Management. Brookfield acquired the property earlier this year in a larger portfolio acquisition. At the time of the sale, the building was 100% occupied by six tenants.

“The asset represents a compelling opportunity for buyers seeking to enter the Charlotte market given the limited supply of new office/warehouse developments and market leading low-vacancy in the Airport submarket, which currently rests at +/- 3%. said Dunn Mileham, Partner, Investment Sales at Trinity Partners. These dynamics coupled with a highly functional/accessible asset should facilitate further demand and strong rent growth at this hyper infill-location.”

Located just off I-85, the property features easy access to Scott Futrell Drive, Billy Graham Parkway, Highway 74 and a range of nearby amenities, including Charlotte Douglas International Airport.

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ABOUT TRINITY PARTNERS
Trinity Partners is a full-service commercial real estate firm serving corporate users and institutional owners throughout the United States, with service lines ranging from landlord and tenant representation to property management and investment sales. They are known for their entrepreneurial spirit, best-in-class performance, and respected team of commercial real estate professionals, who are directly responsible for the company’s success and collaborative culture. The firm currently leases and/or manages over 36 million square feet of office, industrial, mixed-use, and retail space across the Southeast through their five offices in Charlotte and Raleigh, North Carolina, Columbia and Greenville, South Carolina, and Atlanta, Georgia.

ABOUT FRONT STREET CAPITAL
Front Street Capital is a leading full service real estate firm headquartered in Winston-Salem, North Carolina. With a rich history spanning over four decades, the company offers a wide range of services, including development, acquisition, construction management, and property management. Front Street Capital specializes in office, industrial, healthcare, and mixed-use properties, focusing primarily on the Southeast United States. The firm is dedicated to building long-term relationships with clients and partners and is committed to making a positive impact on the communities it serves. With a proven track record of successful real estate investments, Front Street Capital is a trusted partner for clients seeking to achieve their real estate goals.