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CHARLOTTE, N.C. — Trammell Crow Residential (TCR) has sold Alexan Mill District in Charlotte for $82 million. The Seminole Tribe of Florida Sovereign Wealth Fund’s Real Estate Fund (SemREF) was the buyer, marking SemREF’s third deal with TCR. Northmarq’s Charlotte Multifamily Investment Sales team, representing TCR, was led by Allan Lynch, Caylor Mark, Andrea Howard, John Currin, Jeff Glenn and Austin Jackson.
Alexan Mill District was developed last year and includes 290 units and such amenities as a clubhouse, indoor-outdoor social space with a catering kitchen, a rooftop lounge, a saltwater pool with a deck and outdoor fireplace, coworking spaces, a fitness center, a package room and a covered parking deck.