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Viking Partners Pays $14.65M for Two-Bldg Portfolio in Huntersville

Bank of America Sells 117,000 SF of Office Space within The Park Huntersville
January 31, 2018
Viking Partners LLC, a private equity real estate firm based out of Cincinnati, acquired a two-building portfolio within The Park Huntersville office park in Huntersville, NC from Bank of America for $14.65 million, or about $125 per square foot.

The two-building portfolio consists of the 57,214-square-foot Bostick Building and the 59,811-square-foot Calhoun Building, which were built in 1986 and are located at 9800 and 9801 W. Kincey Ave., respectively. Together, the properties total 117,025 square feet of office space and features a variety of local, regional, national and international tenants, including Liberty Mutual Insurance, SMC Corp., and BioCytics, Inc.

The Park Huntersville is located about 14 miles north of Charlotte and is accessible to Interstates 77, 485, 85 and 40.

Ryan Clutter, Scot Humphrey and Chris Lingerfelt of Holliday Fenoglio Fowler LP (HFF) brokered the deal on behalf of the seller.

Please see CoStar COMPS #4120205 for more information on this transaction.
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