CHARLOTTE, NORTH CAROLINA:  Cushman & Wakefield | Thalhimer’s Capital Markets Group represented the seller in the sale of Quail Plaza, an 87% leased, institutional-quality, suburban office building in Charlotte, North Carolina.  Strategically located between the SouthPark and Ballantyne submarkets, this 86,976 square foot, five-story property recently experienced a surge in new leasing activity resulting from recently completed major capital improvements.  Tenants include Federal Express and The Steritech Group.
   The property was purchased by TriGate Capital; sales price was $9,600,000. The sale was completed by Cushman & Wakefield | Thalhimer’s Capital Markets team consisting of Bill Simerville, Scot Humphrey, Justin Good and Chris Norvell, SIOR. “It’s encouraging to see the amount of capital trying to deploy across the Carolina’s” said Bill Simerville, Senior Vice President.  “The fundamentals here are just too strong to ignore”