CHARLOTTE, NC-A LRC Opportunity Fund affiliate has purchased the retail and office portion of Tranquil Court in Charlotte's Myers Park neighborhood for $14.5 million. The company has bought the 62,000-square-foot retail and office building situated along Selwyn Avenue from Dallas-based Gulfstream Capital Partners.
Gulfstream started marketing the building for sale last year. The building is fully leased and its major tenants are Mellow Mushroom and Metro Fitness Club. CBRE Group Inc. brokers Ryan Clutter and Patrick Gildea represented the seller in the deal. For the full story, go to Charlotte Business Journal .
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