Thursday, October 09, 2003

Duke Energy Seeks Sale Leaseback of Charlotte, NC Offices

Real Estate Alert reports that Duke Energy is seeking to sell and lease back two office buildings in Charlotte, NC valued at $70 million. A 2,200 unit parking garage is included in the sale. The two buildings total 377,000 sf and consist of a 260,000 sf office/flex building and a 117,000 sf office building. Duke will sign a 20 year lease on both buildings at a triple net rent of $13 and $12 per sf respectively. Duke hopes to close by year-end. Staubach has the listing. Sphere: Related Content

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