Bissell Cos. confirms sale of Ballantyne Corporate Park

Bissell Cos. confirms sale of Ballantyne Corporate Park

Bissell Cos. has confirmed the sale of most of its interests in the 535-acre Ballantyne Corporate Park in south Charlotte to New York investment firm Northwood Investors. The sale includes more than four million square feet of Class A office space and nearly 600 hotel rooms, including The Ballantyne. Financial terms weren’t disclosed, but industry sources price the deal at more than $1 billion, making the sale the largest real estate transaction in Charlotte history.

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