Highwoods Properties Acquires Office Asset In Charlotte For $111.5 Million From Lincoln Property Company

The property asset involved in this transaction is an office building located at 720 South Church Street in Charlotte, NC, encompassing 10.2 acres. The sale was finalized on August 22, 2025, with a transaction amount of $111,500,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $111,500,000
• Buyer: Highwoods Properties
• Seller: Lincoln Property Company
• Date of Sale: August 22, 2025
• Market: Charlotte, NC
• Acres: 10.2

Highwoods Properties is noted for acquiring the 3,057-space Legacy Union Parking Garage in Uptown Charlotte as part of this transaction, highlighting the planned improvements included in the deal.