CHARLOTTE — Detroit-based Crestlight Capital purchased SouthPark Towers, at 6000 and 6100 Fairview roads, earlier this month from California State Teachers Retirement System. The sale price was not disclosed and was unavailable through the Mecklenburg County Register of Deeds.
6100 Fairview was last appraised at $71 million, and 6000 Fairview was last appraised at $87.9 million, according to county property records.
Brad Finkel, Crestlight Capital vice president, said SouthPark Towers was attractive because of its location and reputation as a historically best-in-class piece of real estate.
“Charlotte is a core focus market for Crestlight as we continue to expand our portfolio throughout the Sunbelt. We’re excited to officially plant our flag in Charlotte and fortunate to do so with such a prolific asset,” Finkel said.
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