Charlotte, NC (September 2008) – P & A Realty, LLC has purchased Unit 300 (27,380 s.f.) at 1927 South Tryon Street, a Crosland project developed by Merrifield Partners. The location will be the new offices of Optima Engineering.
Tom O’Brien and Tripp Guin of C.B. Richard Ellis represented the buyer and Mark Newell of Merrifield Partners represented the seller in the above transaction.
The 1927 South Tryon project offers a +/- 82,000 s.f. of Class A commercial condominiums for purchase. This project gives companies and individuals the ability to invest in the very highly sought after SouthEnd corridor. Conveniently located near the intersection of South Tryon and Doggett Streets, this project is in the center of one of the most active areas of town, with easy access to major roadways, the interstate and downtown.
About Merrifield Partners
Merrifield Partners, an affiliate of Crosland, is one of Charlotte’s leading office and industrial development and brokerage firms. Operating as Crosland Commercial for many years, Merrifield Partners developed a portfolio of over 2,500 acres of land and 2.5 million square feet of commercial space. For more information, visit www.merrifieldpartners.com.
Founded in 1937, Crosland is one of the Southeast’s leading diversified real estate companies. Its expertise in retail, multifamily, office, land development and general contracting enables it to be an innovator in multi- and mixed-use development.
Headquartered in Charlotte, N.C., Crosland has offices in Raleigh, Orlando, Tampa and Nashville, and develops, builds and manages properties in the Carolinas, Florida, Tennessee and Virginia. The privately held company’s current portfolio has a market value exceeding $1 billion. For more detail, www.crosland.com.