CHARLOTTE—Adler Kawa Real Estate Advisors (AKREA) is beefing up its North Carolina portfolio, snapping up four office buildings at Oak Hill Business Park in Charlotte. The move comes a year after acquiring Charlotte's Carmel Executive Park.

Located within Charlotte's Interstate 77 Corridor, the buildings span 249,000 square feet of office space. Financial terms of the transaction were not disclosed.

“AKREA's acquisition of Oak Hill Business Park is a text book example of our approach to purchasing assets in growth markets at a favorable cost basis with an eye toward creating value,” says Matthew L. Adler, president and CEO of AKREA. “Our plan to make capital investments, coupled with our hands-on approach to leasing and management, will help boost occupancy and asset value over time.”

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