CHARLOTTE, N.C. — HFF has brokered the sale of a 32-story, 330,483-square-foot office tower located at 121 W. Trade St. in downtown Charlotte. Lincoln Property Co.’s affiliate, LPC Realty Advisors I LP, purchased the asset from a partnership controlled by The Dilweg Cos. for $71.6 million, according to the Charlotte Business Journal. Lincoln Property Co. purchased the asset in conjunction with local affiliate Lincoln Harris on behalf of a pension fund client. Tenants of the office tower include Chicago Bridge & Iron, SAS Institute, Caudle & Spears and Brookwood Associates. The building also features the Charlotte City Club on the top two levels and parking on levels two through nine. Ryan Clutter led HFF’s investment sales team representing the seller.
HFF Brokers $71.6M Sale of 32-Story Office Tower in Downtown Charlotte
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