{"id":5042,"date":"2016-02-02T07:00:55","date_gmt":"2016-02-02T12:00:55","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&p=5042"},"modified":"2016-02-01T20:57:14","modified_gmt":"2016-02-02T01:57:14","slug":"sale-of-carillon-building-closed-grand-bohemian-hotel-coming-soon","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/sale-of-carillon-building-closed-grand-bohemian-hotel-coming-soon\/","title":{"rendered":"Sale of Carillon building closed, Grand Bohemian Hotel coming soon"},"content":{"rendered":"
Feb 1, 2016, 12:22pm EST |\u00a0Will Boye<\/a>\u00a0| Charlotte Business Journal<\/p>\n A real estate investment trust managed by KBS has closed on its $147 million purchase of the Carillon office tower in uptown Charlotte.<\/p>\n KBS Real Estate Investment Trust<\/a> III purchased the 24-story, 476,308-square-foot building from real estate firm Hines. As of Dec. 10, the Carillon building was 92% leased to 46 tenants with a weighted-average remaining lease term of 5.1 years, according to KBS, which said last year it was under contract to buy the office tower<\/a>.<\/p>\n The Kessler Collection, a Florida-based hospitality company, purchased a 0.58-acre site next to the Carillon<\/a> building in September and is planning to develop a \u201cfour-diamond\u201d Grand Bohemian Hotel that is expected to be complete in 2018, KBS says.<\/p>\n<\/a><\/p>\n