Jun
06

BB&T Spends $53 Million Charlotte Office Buildings

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two soldBB&T Corp. has spent nearly $53 million to purchase two Mecklenburg County Class A corporate office buildings, the latest moves in a recent acquisition initiative in North Carolina.

The bank spent $29.04 million to buy LakePointe Corporate Center One and $23.76 million to buy LakePointe Corporate Center Two. The sellers were Delaware-based affiliates of Charlotte commercial-real estate broker Childress Klein Properties Inc.

The purchase prices were listed in filings at the Mecklenburg County Register of Deeds filings. The sale closed May 16.

By comparison, Childress Klein and another investor spent $37.5 million to buy the One building in 2015.

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Categories : Charlotte

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