CBRE Arranges $24M Sale of Office Building in Charlotte’s CBD

by Camren Skelton

CHARLOTTE, N.C. — CBRE has arranged the $24 million sale of 129 West Trade Street, a 153,498-square-foot office building in Charlotte’s central business district. Patrick Gildea and Matt Smith of CBRE brokered the deal on behalf of the seller, 129 West Trade Owner LLC. Somerset Properties acquired the 15-story tower. Located one block from the intersection of Trade and Tryon streets, 129 West Trade Street is within walking distance to the Lynx Blue Line light rail at the CTC Station stop. The building was 63 percent leased at the time of sale to tenants such as Boston National, Nova Office Strategies, Perficient and Tower Legal Solutions.

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