Newly-finished HQ in uptown Charlotte sells for $275M
A Charlotte uptown headquarters building has a new owner.
Goldman Sachs Asset Management, along with Honeywell and commercial real estate company Lincoln Harris, completed the sale of 855 S. Mint Street to PRP Real Estate Investment Management, the companies announced Tuesday.
The price tag: $275 million.
The building serves as the global headquarters for Honeywell, a Fortune 100 company that moved from New Jersey to Charlotte in 2018. The company’s products range from airplane equipment to industrial chemicals to home security systems.
PRP, a D.C.-based firm that purchased the building, owns dozens of commercial and residential properties across the country, including a few others in Charlotte.
Lincoln Harris will continue to provide property management services and serve as a leasing agent for the building.
The 374,000 square foot building has 23 stories, all but one of which are occupied by Honeywell. The headquarters is part of Legacy Union, a 10-acre redevelopment on the former site of The Charlotte Observer’s old building.
Honeywell hosted a grand opening of its global headquarters earlier this month, having recently welcomed all Charlotte employees back to the office. The building features a rooftop terrace, a gym and an up-close view of the Panthers stadium.
Moving Honeywell to Charlotte “was one of the best decisions we’ve ever made,” CEO Darius Adamczyk said at the event. The company reported $32.6 billion in revenue last year, and is ranked No. 94 on the Fortune 500 list.
This story was originally published December 22, 2021 at 9:35 AM.
