Bamboo Equity Partners has purchased University South Business Center in Charlotte, North Carolina. The property, located at 5100-5108 Reagan Drive, consists of three office and industrial flex buildings totaling 113,114 square feet
The University South Business Center is currently 89% occupied by a diverse roster of 29 tenants. A stable investment in one of the nation’s hottest commercial real estate markets, the business center still boasts the rare opportunity for high upside potential with sophisticated ownership, which will focus on tenant retention, NNN leasing and showcasing attributes that make the property unique.
Bamboo’s purchase of University South is the firm’s second Charlotte acquisition of the year.