CORFAC News

In a transaction that evolved from a CORFAC Investment Sales Zoom call last fall, CORFAC congratulates Scott Hensley, CCIM, SIOR, and Lester Osborn, CCIM, SIOR, of Piedmont Properties of the Carolinas/CORFAC International in Charlotte, North Carolina, who represented the seller of The Steele West Business Center, a portfolio of four 11,920 SF office/warehouse duplexes located in southwest Charlotte, on the recently closed $6.8 million investment sale. The purchaser, St. Louis-based investor Bamboo Equity Partners, was referred to Piedmont and represented in the purchase by Dan Dokovic, SIOR, of Intelica CRE/CORFAC International in St. Louis, Missouri. The two members connected on a CORFAC Investment Sales Zoom Session in third-quarter 2020. CORFAC holds these quarterly business development calls exclusively for members in the network.

Piedmont has been involved with this development since the first property was built in 2012. Seven of the eight spaces are currently occupied by tenants with multiple locations both domestically and internationally. Piedmont is the primary leasing company for the current 5,960 SF vacancy. 

Congratulations to both firms on this impressive investment referral deal!