Former bank branch in SouthPark sells for $1.9M

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Piedmont Properties/CORFAC International, a leading full-service commercial real estate provider serving the Charlotte market, has announced the completion of the sale of an office building located in SouthPark at 2245 Rexford Road. The property measures 2,496 square feet and sits on 1.07 acres.

The property was sold by Bank of North Carolina to Rexford Office LLC for $1.9 million. Jim Plyler and Steve Gentry of Piedmont Properties/CORFAC International represented the seller.

The property, a former bank branch, was rezoned to allow the construction of a 7,200-square-foot office building. The rezoning was approved by Charlotte City Council in April.

Piedmont Properties of the Carolinas, Inc. is a commercial real estate firm located in Charlotte, established in 1993 in response to demand for a highly responsive and focused firm offering full service commercial real estate expertise to private sector clients, including entrepreneurs and publicly traded entities alike. Piedmont Properties’ vision is to be and build upon its reputation as a high quality, client-oriented real estate service firm offering services to local and worldwide corporations. Piedmont Properties brings a team approach to the services it provides to our clients by bringing to the table at any one time a team of real estate professionals who can meet the objectives of its clients.

CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail properties, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. CORFAC has more than 80 offices throughout the Americas, Europe and Asia and in 2016 was recognized as a top 20 Commercial Real Estate Brokerage Services firm by the National Real Estate Investor. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions in 2015 totaling 500 million square feet of space valued in excess of $8.5 billion.