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CHARLOTTE, N.C. — Northmarq has negotiated the sale of Alta Filament, a 352-unit community located at 525 E. 21st St. in Charlotte. Wood Partners sold the asset to Mid-America Apartment Communities for $107 million. Allan Lynch, Caylor Mark, Andrea Howard, John Currin, Jeff Glenn and Austin Jackson of Northmarq represented the seller in the deal.
Alta Filament offers amenities such as a clubhouse, conference room, fitness club, grilling areas, a pool, sundeck trellis, pet spa and package delivery service. The property also includes two courtyards, a podcast/content creator studio and 10 rentable private offices.