Property investment manager PRP has acquired Honeywell Global Corporate’s headquarters in Charlotte Legacy Union. The release was published on behalf of the seller by Lincoln Harris – a fund managed by the real estate business of Goldman Sachs Asset Management (Goldman Sachs), along with Lincoln Harris and Honeywell International Inc. No sale price was mentioned in the announcement.
Honeywell Tower rises 23 stories above South Mint Street and includes 330,000 square feet of Class A Uptown Charlotte office space. The property was completed just this year, the newest element of Legacy Union – Lincoln Harris and the 10-acre, mixed-use development of partners. In fact, this sale comes shortly after electronics manufacturer Honeywell completed the move of its global headquarters operations from New Jersey to Charlotte.
The company’s 15-year lease, which anchors the development and spans 10 floors, accounts for most of the leasable space in the building. The rest includes the lobby, shops on the ground floor and 12 floors with dedicated parking spaces. In particular, Honeywell employees move seamlessly through the building thanks to integrated touchless technologies, such as facial recognition and Bluetooth access. On-site amenities also include a 3,500-square-foot fitness and wellness center; 360 degree view of the city from the roof terrace; and charging points for electric cars. Additional benefits include a close-up view of the Bank of America Stadium directly across the street, as well as a very convenient location near Charlotte Douglas International Airport, just six miles away.
“Despite the challenges of COVID, the collaboration between Goldman Sachs, Lincoln Harris and Honeywell has enabled us to create a one-of-a-kind asset that is one of the smartest office buildings in the world,” Lincoln Harris president Johno Harris said in a statement. Charlotte. “Honeywell’s decision to move its headquarters to this region and to Charlotte further proves the claim that when we combine a great community, region and partners, we will continue to attract and attract transformative companies like Honeywell.”
At the official opening of the company’s new global headquarters, Honeywell CEO, Darius Adamczyk said, Reportedly noted that the move was “one of the best decisions ever” and praised the city for its myriad of benefits.
“It’s a great place to live, it’s a great place for talent and the hospitality is second to none,” he said. The Charlotte Observer. “Charlotte is a thriving city. It is going well economically. It’s hard to pick just one thing. The reality of being here is even better than the local leaders have portrayed.”
Last modified: December 23, 2021