Bank of America Tower

TXU Energy Announces Recipients of 2023 Energy Leadership Awards

Retrieved on: 
Thursday, May 4, 2023

IRVING, Texas, May 4, 2023 /PRNewswire/ -- TXU Energy today announced its recognition of five innovative, Houston-area companies as category winners in the 2023 TXU Energy Leadership Award Program. This program highlights corporate and non-profit leaders who define energy responsibility. The awards were announced in conjunction with the TXU Energy Summit held today in Houston.

Key Points: 
  • Award recognizes five recipients in the categories of energy management, sustainability, engagement, innovation, and community
    IRVING, Texas, May 4, 2023 /PRNewswire/ -- TXU Energy today announced its recognition of five innovative, Houston-area companies as category winners in the 2023 TXU Energy Leadership Award Program.
  • "TXU Energy is proud to recognize these customers who share our commitment to sustainability, innovation, and building stronger communities across Texas," said Gabe Castro, senior vice president of business markets for TXU Energy.
  • TXU Energy, THG Energy, and AEP partnered to install equipment for SDI to access real-time energy use and costs for its manufacturing operation.
  • TXU Energy is proud to share the accomplishments of the recipients of its awards program and will present additional Energy Leadership Awards this fall at its Dallas / Fort Worth Metroplex Summit.

Highwoods Obtains $200M Secured Loan

Retrieved on: 
Tuesday, March 28, 2023

RALEIGH, N.C., March 28, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces it has obtained a $200 million, 5-year secured loan provided by a life insurance company at a fixed rate of 5.69% secured by Bank of America Tower at Legacy Union in Uptown Charlotte.

Key Points: 
  • RALEIGH, N.C., March 28, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces it has obtained a $200 million, 5-year secured loan provided by a life insurance company at a fixed rate of 5.69% secured by Bank of America Tower at Legacy Union in Uptown Charlotte.
  • Ted Klinck, President and CEO of Highwoods, stated “We are very pleased with this loan execution, which will further fortify our already healthy balance sheet, enhance our liquidity and position Highwoods to take advantage of future growth opportunities.”
    The proceeds have been used to reduce amounts outstanding on the Company’s revolving credit facility and for general corporate purposes.

Highwoods Closes $203 Million Acquisition of 650 South Tryon at Legacy Union in CBD Charlotte

Retrieved on: 
Wednesday, August 17, 2022

RALEIGH, N.C., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has closed the acquisition of 650 South Tryon in the heart of Charlottes dynamic Uptown CBD submarket for a total investment of $203 million.

Key Points: 
  • RALEIGH, N.C., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has closed the acquisition of 650 South Tryon in the heart of Charlottes dynamic Uptown CBD submarket for a total investment of $203 million.
  • 650 South Tryon, which delivered in late 2020 and is currently 79% leased, is a trophy, LEED gold-certified office building encompassing 367,000 square feet.
  • 650 South Tryon is immediately adjacent and connected to Highwoods-owned Bank of America Tower at Legacy Union.
  • You can identify forward-looking statements by our use of forward-looking terminology such as may, will, expect, anticipate, estimate, continue or other similar words.

Lincoln Harris Announces 600 South Tryon, Fourth Tower of Transformational Legacy Union Development in Uptown Charlotte

Retrieved on: 
Tuesday, July 12, 2022

CHARLOTTE, N.C., July 12, 2022 /PRNewswire/ -- Lincoln Harris, in partnership with the Real Estate business within Goldman Sachs Asset Management, unveiled plans today for 600 South Tryon, the fourth office building at the 10-acre Legacy Union mixed-use development in the heart of Uptown Charlotte.

Key Points: 
  • CHARLOTTE, N.C., July 12, 2022 /PRNewswire/ -- Lincoln Harris, in partnership with the Real Estate business within Goldman Sachs Asset Management, unveiled plans today for 600 South Tryon, the fourth office building at the 10-acre Legacy Union mixed-use development in the heart of Uptown Charlotte.
  • Plans unveiled for new 24-story office tower at Legacy Union in Uptown Charlotte.
  • "In just a few short years, Legacy Union has helped create a dynamic gateway for Uptown Charlotte," said Johno Harris, president of Charlotte-based Lincoln Harris.
  • Design is a distinctive feature of the Legacy Union development, and 600 South Tryon will be no exception.

Highwoods Announces Charlotte Market Expansion

Retrieved on: 
Monday, May 9, 2022

RALEIGH, N.C., May 09, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces two planned acquisitions that will further strengthen its Best Business District (“BBD”) presence and development prospects in the Charlotte market.

Key Points: 
  • RALEIGH, N.C., May 09, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces two planned acquisitions that will further strengthen its Best Business District (BBD) presence and development prospects in the Charlotte market.
  • The Company noted that under GAAP, such credits are recorded as a reduction in the investment cost rather than as rental income.
  • Ted Klinck, President and CEO, stated, Less than three years ago, we announced our plan to enter the dynamic Charlotte market, which had been at the top of our list for future market expansion.
  • Although Highwoods believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved.

Bank of America Tower Earns Nation's 1st Leed V4 Platinum for Core and Shell

Retrieved on: 
Thursday, July 25, 2019

HOUSTON, July 25, 2019 /PRNewswire-PRWeb/ --The recently named Bank of America Tower, formerly Capitol Tower, was just certified LEED Version 4 (V4) Platinum for Core and Shell by the U.S. Green Building Council (USGBC) .

Key Points: 
  • HOUSTON, July 25, 2019 /PRNewswire-PRWeb/ --The recently named Bank of America Tower, formerly Capitol Tower, was just certified LEED Version 4 (V4) Platinum for Core and Shell by the U.S. Green Building Council (USGBC) .
  • Bank of America Tower's LEED V4 Platinum for Core and Shell designation is the first in the United States and the highest scoring in the world.
  • Hosted by the USGBC Texas Gulf Coast Region, last night's LEED Platinum Evening event honored three of Houston's Platinum-scoring projects: 1500 Post Oak (LEED for Commercial Interiors), New Hope Housing (LEED for Homes Multifamily), and Bank of America Tower (LEED for Core and Shell).
  • Local owners, developers, and architects discussed their insights from pursuing Platinum LEED Certification, followed by a tour of Bank of America Tower.