Saturday 24th March, 2018
39 ℉ | 59 ℉Charlotte

Another uptown office building sold for $33.8M through auction

Business Journal - Saturday 12th August, 2017

Another office building in uptown Charlotte will soon have a new owner following a Ten-X auction that recently concluded.

200 South Tryon ' which went back to its lender, LNR Partners, for $18.5 million during a foreclosure sale in 2013 ' was auctioned to an undisclosed buyer for a top bid of $33.8 million, according to a source with knowledge of the deal. Including a buyer's premium associated with Ten-X, the cost to acquire the building will total nearly $35.5 million.

The 17-story, 215,496-square-foot...

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