“We are pleased to have closed on this high quality multifamily property ideally located in the Northlake area of Charlotte, which has strong demographics and has experienced substantial growth over the past few years,” said Matthew Tice. “We were particularly interested in the property due to Inland Real Estate Acquisitions’ history of facilitating two shopping center purchases in the Charlotte area, totaling more than 430,000 square feet. Having a previous knowledge and understanding of the Northlake area, combined with the town’s recent growth, made this an attractive acquisition.”