Hines Fund Takes 469,000-SF Asset for $140M

CHARLOTTE, NC-A 99%-leased office asset here is now listed in the portfolio of Hines-Sumisei US Core Office Fund, LP. A subsidiary of the Core Fund acquired the Carillon building for $140 million, bringing the number of assets in the fund’s portfolio to 23.

The Core Fund bought the property from Cornerstone Realty Advisors f Hartford, CT, which acquired the Carillon building in August 2004. Eastdil Secured’s Robert McCall, Randy Evans and Mike McDonald repped Cornerstone; Hines repped the Core Fund. Hines will take the management and leasing reins at the property.

The Carillon building is a 25-story, class A office property on West Trade Street, near the intersection of Trade and Tryon streets. The tenant roster at the 490,000-sf property includes Cadwalader Wickersham & Taft; Deloitte & Touche; Crosland, Barry, Evans Joseph & Snipes; and the US Attorney’s Office.