Behringer Harvard REIT I Inc. acquired Bank of America Plaza, a 40-story, class A office tower in Charlotte, N.C.
The value of the transaction was not disclosed.
The approximately 887,000-square-foot tower was constructed in 1974. It comprises 75,000 square feet of retail space and more than 812,000 square feet of rentable office space and fitness facilities. A below-grade parking garage supplies ample parking with space for 456 vehicles.
Located on a 2.8-acre site at the intersection of Trade and Tryon streets, the building provides a direct connection to the adjacent Omni Hotel and is accessible via the skyway crossing Trade, Fourth and College streets.
Behringer Harvard REIT I Inc. also owns assets in Chicago, Atlanta, Houston, Denver, Philadelphia, Washington, D.C., Baltimore and Los Angeles, among other cities.