Dec
23

Charlotte’s Office on the Park Sold

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Raleigh’s Paragon Commercial Bank has agreed to purchase the 16,427-square-foot Office on the Park building in Charlotte on Morrison Boulevard in SouthPark, according to real estate sources, and the bank has listed its current office space at Piedmont Town Center as available for sublease.

The two-story, Class-A building is at 6337 Morrison Blvd., next to the Specialty Shops on the Park. It is currently occupied by UBS Financial Services Inc., but UBS is slated to relocate its SouthPark branch to the SouthPark Towers on Fairview Road in January.

H.C. “Smoky” Bissell, chairman of The Bissell Cos., and Alice Harney own the property and listed it for sale with Cassidy Turley earlier this year. The asking price for the building is $5.75 million, according to listing materials.

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