BofA sells Hearst Tower for $250M

CHARLOTTE, N.C. — A key building in the Charlotte skyline has a new owner.

Bank of America sold the 47-story Hearst Tower to a Florida company for $250 million.

The bank put the building on the market back in February in an effort to streamline its operations.

The bank will still lease a third of the office space for the next 10 years.

The building opened in November 2002 and is the 4th-tallest building in Charlotte.

WSOC