Cushman & Wakefield Negotiates $82M Sale of Apartment Complex in Charlotte

by Alex Tostado

CHARLOTTE, N.C. — Cushman & Wakefield has negotiated the $82 million sale of Overton Row, a 323-unit apartment complex in Charlotte. The property offers studio, one- and two-bedroom floor plans. Communal amenities include a craft beer station, dog park, dog washing station, clubhouse, fitness center, business center, swimming pool, coffee bar and a yoga station. Overton Row is located at 1201 Central Ave., which is on the edge of the Plaza Midwood neighborhood and two miles east of downtown Charlotte. CampusWorks Development, Kaplan Residential and an affiliate of global investment firm The Carlyle Group sold the asset to Lindemann Multifamily Management. Marc Robinson, Jordan McCarley and Watson Bryant of Cushman & Wakefield represented the sellers in the transaction.

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