Raleigh, N.C.–based Highwoods Properties, a publicly traded office REIT, has paid $203 million for an office building in Charlotte, N.C.’s uptown CBD submarket.
Located at 650 South Tryon, the LEED Gold office property was delivered in late 2020 and is currently 79 percent leased.
The property encompasses 367,000 square feet and is immediately adjacent and connected to Highwoods-owned Bank of America Tower at Legacy Union.
Highwoods owns, develops, acquires, leases and manages properties primarily in the best business districts of Atlanta; Charlotte; Dallas; Nashville; Orlando; Pittsburgh; Raleigh; Richmond, Va.; and Tampa, Fla.