Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties
One-point-two billion.
That’s how much money changed hands in the biggest real estate deal in Charlotte history last week.
New York-based Northwood Investors paid $1.2 billion for Ballantyne Corporate Park in South Charlotte.
The deal closed March 8, and 40 deeds relating to different parts of the sale were filed the Mecklenburg County Register of Deeds. Northwood got more than 4 million square feet of office space, four hotels and the Ballantyne Golf Club.
The previous record was set last year, when One Wells Fargo Center, an office building in Charlotte’s uptown, sold for $284 million.
