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Charlotte Office Tower to be Sold for $47M

CHARLOTTE, NC-Parkway Properties Inc. based in Orlando, Florida, has inked an acquisition deal for 525 North Tryon, an office building measuring 406,000 square feet in uptown Charlotte.

By GlobeSt News Hub | Updated on December 04, 2012

CHARLOTTE, NC-Parkway Properties Inc. based in Orlando, Florida, has inked an acquisition deal for 525 North Tryon, an office building measuring 406,000 square feet in uptown Charlotte. The property, previously called as the Odell building, is under contract for a price of $47.4 million. An affiliate of Garrison Investment Group and Gramercy Capital Corp. are the joint owners of the tower situated on North Tryon and West Ninth streets.

Parkway is also acquiring office properties in Atlanta and Houston. For the full story, go to Charlotte Business Journal .

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