The Core Fund bought the property from Cornerstone RealtyAdvisors f Hartford, CT, which acquired the Carillon building inAugust 2004. Eastdil Secured's Robert McCall, Randy Evans and MikeMcDonald repped Cornerstone; Hines repped the Core Fund. Hines willtake the management and leasing reins at the property.

The Carillon building is a 25-story, class A office property onWest Trade Street, near the intersection of Trade and Tryonstreets. The tenant roster at the 490,000-sf property includesCadwalader Wickersham & Taft; Deloitte & Touche; Crosland,Barry, Evans Joseph & Snipes; and the US Attorney's Office.

"The acquisition of Carillon quickly expands Hines' presence inone of the strongest office submarkets in the Southeast, followingour recent acquisition of the 625,000-sf Charlotte Plaza," Hinesvice president Kurt Hartman says in a release. "The combination ofthese two acquisitions will allow us to offer the market greaterchoices for their office requirements."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.