CHARLOTTE—101 Independence Center, a 565,694-square-foot, class A office tower in Downtown Charlotte, just traded hands. The sale price: $107.75 million.

HFF represented the seller, KBS Real Estate Investment Trust, and its asset manager, Gramercy Property Trust. HFF senior managing director Ryan Clutter and real estate analyst's Zachary Drozda, Kelly Kuykendall, and Ryan Eklund led the charge.

“101 Independence Center received very strong interest from the marketplace, attracting a deep bench of investors,” says Clutter. “Charlotte has truly evolved into a dynamic market for institutional capital. Given the strong investor appeal of Charlotte currently, we anticipate a very active selling environment through the remainder of 2015 with many notable institutions seeking quality investments in the city.”