Baceline Acquires Shopping Center in Charlotte for $5.1M

by Camren Skelton

CHARLOTTE, N.C. — Baceline Investments Inc. has acquired Galleria Village, a 34,690-square-foot shopping center in Charlotte. The Denver-based company purchased the asset from an affiliate of Cohen Equities for $5.1 million. Located at the intersection of Galleria Boulevard and Sardis Road in southeast Charlotte, Galleria Village was 83 percent leased at the time of sale. The acquisition marks Baceline’s first property in North Carolina and brings the company’s portfolio to 13 properties with a total value of $96 million.

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