Ballantyne Corporate Park Sold To NY Invesment Company - Rumor No Longer

By
Real Estate Agent with Coldwell Banker Residential Brokerage

It's now a fact and no longer a long-standing rumor... Ballantyne Corporate Park has been sold to Northwood Investors, a New York-based investment firm, believed to be for more than one billion dollars! Ballantyne Corporate Park was developed by the Bissell Company in Charlotte, which prior to the sale, had developed and owned the BCP office buildings, four hotels, golf course and other property – most of which has now been purchased by Northwood Investors. Ballantyne Corporate Park covers some 535 acres and 4.5 million square feet of office space.  Read more here.

 

An upscale 2,000 acre, planned mix-use development, Ballantyne has become one of the fastest growing areas of south Charlotte, Ballantyne's residential real estate growth has been very much fueled by the growth and expansion of the corporate park, which provides thousands of jobs. Ballantyne offers high to mid-range single family homes, townhomes, condos, apartments, country club communities. It's perfectly position for a live, work, play lifestyle.

 

Today, the Ballantyne area includes over 63,000 residents and some 25,000 individual households. Ballantyne's strategic location within the I-485 interstate beltway provides easy access to and from almost anywhere in the Charlotte area, including Charlotte-Douglas International Airport.

 

Areavibes.com rates Ballantyne exceptionally livable with a score of 82/83. Ballantyne is ranked #12 in Charlotte and #16 in North Carolina in terms of livablity (compared with a national average of 70). The livability score is based on:

 

  • Lots of Local Amenities
  • Sunny Weather
  • High Income per Capita
  • High Graduation Rates
  • Stable Housing Market

 

 

THINKING ABOUT MAKING A MOVE TO CHARLOTTE'S BALLANTYNE AREA?

 

 

SEARCH ALL BALLANTYNE AREA HOMES HERE

 

 

WONDERING WHAT YOUR BALLANTYNE AREA HOME IS WORTH?

 

 

This Charlotte, North Carolina update about Ballantyne is brought to you courtesy of Nina Hollander and Carolinas Realty Partners, RE/MAX Executive,  your Charlotte metro area real estate consultants. 

 

If you are considering selling or purchasing a home in Ballantyne or elsewhere in the Charlotte metro area, I would love an opportunity to earn your business, exceed your expectations, and to prove to you that:

 "The Right Broker Makes All The Difference."

 

 

  

Originally published at:  http://www.greathomesincharlotte.com/ballantyne-corporate-park-sold-to-ny-invesment-company-rumor-no-longer 

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SEARCH ALL CHARLOTTE METRO AREA HOMES HERE

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

 

 

 

Nina Hollander

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Residential Brokerage
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From Charlotte/Ballantyne/Waxhaw/Fort Mill
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

2007 - 2019 Charlotte Magazine 5-Star Customer Satisfaction Award Winner

 

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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

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Ambassador
1,613,719
Harry F. D'Elia
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

It is a an exciting time to be in the real estate industry in my opinion

Mar 02, 2017 11:15 AM #1
Rainmaker
3,095,586
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Harry F. D'Elia ~ hi Harry... there are those who would say it's always exciting to be in the real estate industry as it's always changing!

Mar 02, 2017 11:47 AM #2
Rainmaker
3,247,813
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Nina

A sign of a strong Ballantyne - Charlotte North Charoline area real estate market.

Good luck and success.

Lou Ludwig

Mar 02, 2017 04:38 PM #3
Rainmaker
3,204,954
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Nina Hollander  when I saw Ballentyne it reminded me of the Beer by a similar name...I wonder if they are still around?:) and loved your comment to Harry:)Endre

Mar 02, 2017 07:36 PM #4
Rainmaker
4,432,217
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Anyone thinking of relocating to Ballantyne should call you to be their agent 

Mar 03, 2017 02:55 AM #5
Rainmaker
3,095,586
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Lou Ludwig ~ hi Lou... Ballantyne zip code is one of the 5 most moved to in the country right now.

Mar 03, 2017 03:07 AM #6
Rainmaker
3,095,586
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Endre Barath, Jr. ~ good morning, Endre. I'm old enough to remember the Ballantine beer commercials and the Miss Ballantine contests in the NYC subways that ran through the 1950's and I think even into the 60's. Pabst purchased them, but I believe the beer disappeared about 20 years ago.

Mar 03, 2017 03:10 AM #7
Rainmaker
3,095,586
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Gita Bantwal ~ good morning, Gita, and as always thanks for stopping by and taking time to comment.

Mar 03, 2017 03:10 AM #8
Rainmaker
2,189,769
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

Hi Nina: Well, it appears that you certainly have your fingers on the pulse of the Ballantyne real estate market, whether it's commercial or residential sales. Sounds like a super hot market. A billion dollars for a corporate park. Wow!

Mar 03, 2017 06:50 PM #9
Rainmaker
3,095,586
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents ~ hi Elizabeth, well, I live in Ballantyne and have since 2001 when there was not one single traffic light in the entire 20,000 acres. Now we have one every other block. So as you might imagine, I keep very close tabs on what is happening in my proverbial "back yard." The Ballantyne Corporate Park is the largest such in the nation so no wonder it got $1+ billion in a sale.

Mar 04, 2017 03:49 AM #10
Rainmaker
1,304,359
Wayne and Jean Marie Zuhl
Samsel & Associates - Clark, NJ
The Last Names You'll Ever Need in Real Estate

Wow - Ballantyne attracts the big hitters. Exciting investment!

Mar 05, 2017 08:05 AM #11
Rainmaker
3,095,586
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Wayne and Jean Marie Zuhl ~ hi Wayne and Jean Marie... for a city of Charlotte's size those are really big bucks!

Mar 05, 2017 08:30 AM #12
Rainmaker
3,254,744
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

Great plans to re purpose an area with zonmg on board...the sky is the limit !

Mar 06, 2017 03:24 AM #13
Rainmaker
3,095,586
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Sally K. & David L. Hanson ~ of course, I remember when there was nothing here in Ballantyne... and now it's a mini-city just 20 years later.

Mar 06, 2017 03:35 AM #14
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Rainmaker
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