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Real Estate Trail
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Connect CRE · Charlotte · Office

CB Equities Offloads 64K-SF Charlotte Flex Office Building

Via Connect CRE · October 22, 2026
Compiled by Real Estate Trail Editorial · October 22, 2026

Why this matters

Office continues to trade in two distinct markets: trophy assets in walkable submarkets that are leasing at or near record rents, and commodity Class B and C buildings where the basis is still resetting. Underwriting on the latter has moved toward replacement-cost-minus, with credit underwriting now leaning on tenant covenant and remaining lease term rather than mark-to-market expectations. Charlotte multifamily and industrial fundamentals remain durable, with continued institutional capital interest in stabilized portfolios. For LP-positioned capital, the read-through is that the bifurcation is now a structural feature of the sector, not a cycle to wait out.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

Computed from Real Estate Trail’s own tracked coverage

Excerpt from Connect CRE:
CB Equities offloaded Forest Park IV at 600 Forest Point Circle for $11 million. CB paid $9.2 million for the 64,000-square-foot Charlotte office building in 2023. Greenleaf Capital Partners was the buyer. The Charlot…
Read the full article at Connect CRE →

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