Charlotte, NC (April 2009) – RMTC Properties, LLC has purchased Unit 207 (6,358 s.f.) at 1927 South Tryon Street, a Crosland project developed by Merrifield Partners. The location will be the office of SFCS, a full-service architectural, engineering, planning and interior design firm that specializes in the design of senior living, education, healthcare and government facilities nationwide.
SFCS opened a Charlotte office in 2004 to better serve its clients in the Southeast under the leadership of Scott Rasner, Charlotte Office Director.
“We had leased space over the past 4 years in the SouthEnd Historic District. It was a priority to stay in this area given its convenient central location and historic character while avoiding the congestion of Uptown. Our partnership group also decided to explore ownership in lieu of leasing. It became apparent that 1927 South Tryon offered the best combination of location, quality construction and convenience, while still maintaining the character of surrounding historic buildings. The commitment to sustainable design through LEED certification made it an easy choice.”
Mike Kemmet of Colliers Pinkard represented the buyer. 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.