Estein USA And Vanderbilt Office Properties Acquire Ballantyne Tower In Charlotte For $71.5M

The property asset involved in this transaction is an office space located at 13320 Ballantyne Corporate Place, Charlotte, NC. The sale price for this asset was $71,500,000, and it has a total square footage of 260,958, reflecting a price per square foot of $274. The office was built in 2011 and is fully leased, featuring amenities such as a rooftop terrace and auditorium.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $71,500,000
• Address: 13320 Ballantyne Corporate Place
• Market: Charlotte, NC
• Square Footage: 260,958
• Price Per Square Foot: $274
• Buyer: Estein USA & Vanderbilt Office Properties
• Seller: SPX Flow
• Brokers: Ryan Clutter, CJ Liuzzo, Daniel Flynn & Chris Irwin - JLL

JLL Capital Markets facilitated the sale of the Ballantyne Tower to Estein USA and Vanderbilt Office Properties, who will manage the property post-acquisition. The transaction took place on July 14, 2025, and was close to the asking price, highlighting the interest in this office asset within the market.