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Apartments in Affluent Charlotte, North Carolina, Suburb Trade Hands

City Is One of Fastest-Growing Markets for Rents in US
The Lowrie is a 245-unit apartment property in Charlotte, North Carolina, just north of the Ballantyne suburb. Photo: JLL
The Lowrie is a 245-unit apartment property in Charlotte, North Carolina, just north of the Ballantyne suburb. Photo: JLL

A 245-unit apartment development south of Charlotte, North Carolina, has sold to a national real estate investment firm in a deal that signals the strength of the area's multifamily industry.

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