Legacy Union tower sells for $441.6M to Highwoods

Bank of America Tower at Legacy Union has sold to Highwoods Properties for a record-setting amount. Highwoods (NYSE: HIW), a REIT based in Raleigh, paid about $441.6 million for the 33-story, 841,164-square-foot building, at 620 S. Tryon St., a slight increase from the previously reported price of $436 million when Highwoods went under contract for the tower. Highwoods acquired Bank of America Tower from the building's developer, Lincoln Harris, which is working on the Legacy Union project with…

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