Browder Brown Buys North End Industrial Building for $6.65M

Browder Brown has acquired a 52,000-square-foot industrial building at 401 W. 24th St in Charlotte's North End for $6.65 million, or roughly $127 per square foot. The building sits on 2.48 acres and formerly housed Sycamore Brewing and Club West's production and office operations. The deal closed in November 2026.

Buyer entity Summit Avenue West 24th LLC is tied to Browder Brown. Seller West Twenty Fourth LLC paid $5.2 million for the property in October 2024, and the $6.65 million transfer price is $1.45 million above that prior recorded purchase price. That difference does not establish a gain to the seller because the parcel record does not account for financing, improvements or transaction costs.

The acquisition pushes Browder Brown's North End portfolio past 30 acres. Potential future uses include brewery operations, restaurants and outdoor dining. No immediate redevelopment is planned; a temporary leaseback was discussed to keep existing brewing operations running.