More Charlotte office space purchased

NNN 2003 Value Fund LLC recently purchased a five-story, 152,000-square-foot office building in Charlotte, N.C.

The value of the Four Resource Square deal was not disclosed.

Four Resource Square is a class A, multitenant building located on more than nine acres in the 1,800-acre University Research Park. Constructed in 1999, the property was 69 percent leased at the time of sale to a variety of tenants, including McKesson Information Systems and Hartford Fire Insurance.

G & I III Resource Square LLC sold the property on the heels of the recent disposition of adjacent Three Resource Square.

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.