Timonium-based CGA Capital has partnered with North Carolina real estate developer Childress Klein to buy Duke Energy’s Charlotte Metro Tower, currently under construction in uptown Charlotte. Once it’s complete, the two firms will pay as much as $675 million in the planned sale-and-leaseback deal for the 40-story tower. Duke Energy Corp. (NYSE: DUK) spokesman Neil Nissan says the final construction cost has not yet been determined and the sales price can’t be identified. But he says Duke’s…
from https://www.bizjournals.com/baltimore/news/2019/12/23/timoniums-cga-capital-partnering-with-charlotte.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/189834484267
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