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Cushman & Wakefield Represents Raptor Realty Investments in the $19.9M Sale of Carmel Village Retail Center in Charlotte

Bailey Webb • 5/12/2025
Cushman & Wakefield’s Margaret Jones, Lane Breedlove and Miguel Alcivar Represent Raptor

CHARLOTTE, May 12, 2025 – Cushman & Wakefield announced today that the firm represented Raptor Realty Investments in the $19.9 million sale of Carmel Village, a 53,615-square-foot retail center in Charlotte.

Cushman & Wakefield’s Margaret Jones, Lane Breedlove and Miguel Alcivar represented Raptor in its transaction with an undisclosed buyer.

Located at 7510 Pineville-Matthews Road in an affluent South Charlotte high-traffic retail corridor, Carmel Village is 91% leased to a diverse mix of convenience, service and e-commerce resistant tenants and has an average household income of nearly $150,000 in a three-mile radius.

“Carmel Village commanded a strong investor audience, confirming the unprecedented demand for well-located unanchored retail centers,” said Jones, Cushman & Wakefield Senior Director. “Carmel Village provides durable cash flow from a dynamic tenant mix along with the ability to mark-to-market rents as tenant’s leases expire.”

Added Breedlove, Cushman & Wakefield Director, “Carmel Village is a well-located retail center with service and e-commerce resistant tenant uses. The competitive sale process highlights the value of established and successful tenants at a high-traffic intersection and the potential for organic growth over time.”

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture.  For additional information, visit www.cushmanwakefield.com.

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