Construction — Duke energy tower

Duke Energy tower under construction in uptown acquired in record deal

Duke energy tower

Duke Energy tower under construction in uptown acquired in record deal

Duke Energy tower under construction in uptown acquired in record deal Maryland-based CGA Capital has partnered with Childress Klein to buy Duke Energy's Charlotte Metro Tower, currently under construction in uptown Charlotte. Once the project is complete, the two firms will pay as much as $675 million in the planned sale-and-leaseback deal for the 40-story tower. Duke Energy Corp. (NYSE: DUK) spokesman Neil Nissan says the final construction cost has not yet been determined and the sales price can’t be identified. But he says Duke’s all-in costs for the new building are expected to be in the range of $675 million. Regardless of the...

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