Two five-story office towers along South Boulevard in Charlotte's Lower South End have changed hands for $91.75 million, in a deal that lands the buildings at roughly $459.50 per square foot and marks one of the largest single-asset office sales in the submarket this year. The buildings, known as Station 3 and Station 4 within The Station at LoSo mixed-use development at 3700 and 3600 South Blvd, sit on 2.2 acres bordering the LYNX Blue Line's Scaleybark Light Rail Station and the Charlotte Rail Trail.
Seller Beacon Partners sold the property to Corebridge Real Estate Investors and Crestlight Capital, according to Bisnow, whose reporting by Jessica Beebe forms the backbone of this account. JLL represented the seller and arranged the transaction, pegging Station 3 at 95,245 square feet and Station 4 at 104,428 square feet, for a combined footprint near 200,000 square feet. Station 3 was completed in 2023 and Station 4 followed in 2024, giving the buyers a pair of relatively new assets rather than aging inventory.
The complex is already 90% leased, per the same reporting, with tenants spanning professional services, digital media, sports and entertainment, and construction and engineering. Financial institutions accounted for more than half of quarterly new leasing activity across Charlotte, and Skyla Credit Union is the development's marquee example locally: the credit union occupies 50,000 square feet across the top three floors of Station 3 to house its corporate headquarters, according to Skyla Credit Union, which relocated there in June 2024 after previously operating out of Plaza Midwood.
SouthPark Firms Head for the Rail Line
Skyla is not the only company that has pulled up stakes for LoSo. Sports consulting agency Elevate Sports Ventures, architecture firm CPL, and digital marketing provider Home Solutions all relocated their Charlotte offices to The Station at LoSo from the SouthPark submarket between 2024 and 2026, according to Beacon Partners. The company's release attributes the shift to walkability, ground-floor amenities, and light-rail access as draws for talent.
Energy efficiency and building services firm Crete United went further, moving its national corporate headquarters from Tampa, Florida, into a 10,000-square-foot office at Station 3 in June 2024, according to Crete United. The company cited North Carolina's business climate and the building's sustainability credentials in choosing the site. Both office buildings earned LEED Silver Certification for core and shell development and achieved two-star Fitwel ratings for healthy building design, per Edifice Construction, the project's builder.
Ground-floor retail helps activate the site for the office workers and residents nearby. Charleston-born taqueria Taco Boy opened a 4,500-square-foot restaurant with an in-house tortilleria in January 2024, joined by Salata Salad Kitchen, Sweat Method, and virtual-reality venue Sandbox VR, as reported by WSOC TV. The buildings also include bike storage, outdoor terraces, and a fitness center, rounding out the amenity package that has helped keep the complex nearly full.
Charlotte's Office Market Finds Its Footing
The sale arrives as Charlotte's office market shows signs of stabilizing after a rough stretch. Citywide office vacancy sat at 23.9% in the second quarter, down from 25.9% during the same period in 2025, per Bisnow's reporting. The Midtown-South End submarket that includes The Station at LoSo posted a notably tighter 10.7% vacancy rate in the second quarter, and Charlotte recorded about 932,000 square feet of new leasing activity during that stretch as the broader market maintained momentum through the first half of 2026.
JLL called the neighborhood surrounding The Station at LoSo one of the fastest-growing submarkets in the U.S., with migration and job growth cited as key drivers of Charlotte office-market investment. CJ Liuzzo, quoted in Bisnow's coverage, said companies are prioritizing modern, amenitized spaces over older inventory, adding that Charlotte's office market is showing resilience with strong tenant demand in Tier 1 properties. Liuzzo also said careful underwriting of building quality and tenant rosters is essential for investors weighing deals like this one.
Corebridge Real Estate Investors, formerly known as AIG Global Real Estate, serves as the real estate equity division of Corebridge Financial and managed over $8 billion in global assets as of March 2026, according to Corebridge Financial. Co-buyer Crestlight Capital, a private equity real estate firm focused on high-growth markets, already has a foothold in Charlotte, having purchased the 534,263-square-foot SouthPark Towers office campus in May 2022, according to REBusinessOnline.
Beacon Partners Stays On, With More Phases to Come
The $91.75 million sale covers only the first phase of the site's development — the two office buildings on 2.2 acres — and Beacon Partners will remain the office leasing representative and property manager for The Station at LoSo going forward. Founded in 1989 and managing over 17.5 million square feet across the Carolinas, Beacon also relocated its own headquarters into 12,254 square feet within Station 4 in late 2024, according to the company. Beacon transitioned the broader 15-acre master parcel from legacy industrial zoning through City of Charlotte rezoning petitions, clearing the way for the transit-oriented buildout now underway.
More development is on the way. Phase 2, expected to begin in 2026, will add residential space along with a dog park and pool, while Phase 3 — reported by the Charlotte Business Journal — will bring 342 multifamily units and additional office space to the 15-acre parcel. The Station at LoSo is already surrounded by roughly 10,000 existing multifamily units, with more than 2,000 additional units planned or under construction in the vicinity, underscoring how thoroughly the former industrial corridor near Scaleybark has been reimagined as a dense, rail-connected node under the city's broader land-use plans. Hoodline has previously covered other Beacon Partners deals, including an industrial site sale near Salisbury, but this marks the first Hoodline report on the sale and buildout of The Station at LoSo itself.
