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Atlanta Firm Buys Huntersville Office Buildings For $62.5M

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A five-building, 396K SF, Class-A office portfolio in Huntersville was sold for $62.5M to Atlanta-based OA Development, brokerage firm HFF announced.

The properties are 91% leased to tenants including Stanley Black & Decker, Amerock, Apex Tool, Ensemble Health Partners and Kellogg’s.

“The sale of these high-quality, multi-story office buildings in The Park – Huntersville, signifies yet again the strength and appeal of the Charlotte office market from investors,” HFF Senior Managing Director Ryan Clutter said in a statement.

The Spectrum Cos. has been retained to oversee leasing and management of the properties.