Saturday, July 22, 2017

HFF closes the sale of Cameron Brown Building in downtown Charlotte, NC

Cameron Brown Building, 301 South McDowell Street, Downtown Charlotte, NC

Brock Cannon
CHARLOTTE, NC –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of the Cameron Brown Building, a 13-story, 184,144-square-foot, multi-tenant office building in downtown Charlotte, North Carolina.

HFF marketed the property on behalf of a special servicer, and procured the buyer, The Fallon Company, LLC.

Located at 301 South McDowell Street, The Cameron Brown Building is situated in the re-surging Second Ward of Uptown Charlotte within walking distance of many of Charlotte’s most visible points of interest, including Bank of America’s headquarters, Wells Fargo’s East Coast headquarters, Spectrum Arena and the Bank of America Stadium. 

The property has exceptional transit access being located adjacent to Interstate 277 and only four blocks from the 3rd Street/Convention Center light rail station.

The HFF investment sales team representing the seller was led by senior managing director Ryan Clutter, managing director Brock Cannon, director Scot Humphrey and associate director Chris Lingerfelt.

Scot Humphrey
“The Cameron Brown building is ideally positioned in Uptown Charlotte’s path of growth and is an extremely sought-after piece of real estate that bridges that gap between Midtown and Uptown,” Lingerfelt said. “These unique characteristics, among others, generated significant demand from local and out-of-town capital alike.”

“Institutional capital continues to aggressively seek value-add investment opportunities in strong urban-infill submarkets like Uptown Charlotte,” added Clutter. “The Cameron Brown building’s investment profile squarely fits this criteria, which helped facilitate a hyper-competitive marketing campaign. 

“We anticipate that a strong selling environment will continue for assets of this nature for the foreseeable future.” 

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Director, Public Relations
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 |


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