A prominent building on Highland Avenue recently changed hands.
A local investor purchased 2601 Highland Avenue for $1.5 million, in a deal that closed on Friday.
Matt Gilchrist and Sam Carroll of Graham & Co. represented the purchaser, Christopher LLC, in the deal. William Ledbetter of Cushman & Wakefield/EGS Commercial Real Estate represented the seller, 2601 LLC.
More information about the buyer’s plans was not immediately available.
The two-story office building is 12,406 square feet and last sold in early 2016 for $1.2 million.
The deal is the latest in a string of transactions in the area, including a $2.1 million deal for the nearby Highland View building.
Real estate brokers say they expect activity from investors and developers could continue in and around Southside, especially ahead of large catalysts such as the redevelopment of Southtown and the Vesta apartment tower project on Highland Avenue near Red Mountain Expressway.