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.