Northwood buying Bissell in record billion-dollar deal, sources say

Northwood buying Bissell in record billion-dollar deal, sources say

New York investment firm Northwood Investors is closing its purchase of Bissell Cos. this week, four people familiar with the matter say. Terms are expected to exceed $1 billion, making it the largest real estate transaction in Charlotte history. Northwood is buying almost all of Bissell’s Ballantyne Corporate Park in south Charlotte, which has continually expanded since initial construction started in 1996, the individuals said.

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