Uptown Charlotte’s once-iconic dining and nightlife hub is about to be auctioned off to the highest bidder.
According to new Mecklenburg Court Documents, the entire Epicentre complex will auctioned off on the courthouse steps on May 12th at 10am.
The Epicentre will be put up for auction on May 12th. @wsoctv pic.twitter.com/3ZsN5aGpEB
— Michael Stolp (@StolpWSOC9) April 25, 2022
The owners of the 1-city-block facility defaulted on their $85 million loan with Deutsche Bank last August.
When proceedings first began last year, the court forced the owners, Epicentre SPE, to give over full control to CBRE Inc through a court-order receivership.
According to the latest receiver’s report, the Epicentre includes a total of 50 tenant spaces encompassing roughly 302,324 square feet.