Local

Sale of uptown office tower ranks among top deals nationwide

Uptown officer tower (Charlotte Business Journal)

CHARLOTTE, N.C. — The sale of a newly constructed office tower in uptown Charlotte registered as one of the top 50 such deals nationwide, according to Commercial Cafe, a site that tracks the commercial real estate industry.

The roughly $440 million sale of Bank of America Tower at Legacy Union landed at No. 27 on the list.

As CBJ has previously reported, the developers, Lincoln Harris and Goldman Sachs, sold the 33-story, 841,164-square-foot building at Tryon and Stonewall streets to Highwoods Properties Inc. It marked the Raleigh-based real estate investment trust’s first foray into the Charlotte market — but executives with the firm have said it won’t be the last.

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