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Transactions - MAY 15, 2020

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Beacon Partners sells Charlotte, N.C., office for $59m

by Released

Beacon Partners has sold Corning Optical Communications’ headquarters, a newly constructed, class A office building totaling 182,169 square feet in Charlotte, N.C., for $58.5 million.

The new owner is an affiliate of Crown Realty & Development.

Featuring a state-of-the-art build-out, the building offers best-in-class amenities, including employee lounges, outdoor patio seating areas, a café with grab-and-go options, onsite walking trails and a “green roof” with seating. The exterior of the building is glazed with View Dynamic Glass smart window technology. The building is fully leased for the next 14 years to Corning Optical Communications, the largest operating segment of Corning Inc.

Located at the intersection of Interstate 485 and NC 16 on 11.7 acres in the heart Riverbend Village, a mixed-use development featuring best-in-class multifamily residential, retail, hotel and medical facilities, the LEED Certified (pending) building is easily accessibl

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