Lincoln Property Company, Vision Ventures and Hornets Sports & Entertainment announced a joint venture on Tuesday to acquire Queen City Quarter, a 302,324-square-foot mixed-use destination at 210 E. Trade Street in Uptown Charlotte, according to officials in a news release.
Formerly known as the EpiCentre, the property occupies approximately 3.17 acres along a corridor connecting Spectrum Center and the Charlotte Convention Center. The four-level complex, which opened in 2008, includes restaurant, retail, entertainment and office space, with direct connections to nearby hotels, the Overstreet Mall and the LYNX Blue Line light rail.
The complex has experienced changes in occupancy and activity in recent years. Vision Ventures previously owned the venue from 2010 to 2015, during which time occupancy increased from approximately 50% to 95%, the news release stated. Financial terms were not disclosed, as a sale price was not immediately available…