An early 1990s-era downtown Charleston office building that's due for a makeover has been sold to an investment group promising to add some ground-floor pizzazz to the high-profile property.

Fourthline Capital Management paid $45.75 million for Bank of America Place at 200 Meeting St. and its attached 350-space parking garage, according to public real estate records recorded this week.

The deal marks the first ownership change for the four-story property, which is a block north of the historic City Market, since 2004, when it was sold for $42 million.

The new ownership group said the building "is representative of the type of irreplaceable assets in exceptional locations Fourthline seeks to add to its portfolio."

“200 Meeting has been an iconic address for many decades, and we will see

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