Lendingtree Inc (NASDAQ:TREE)’s subsidiary, LendingTree, LLC, entered into an Agreement of Purchase and Sale (the “Purchase Agreement”) with an affiliate of Greenstreet Real Estate Partners, L.P., pursuant to which LendingTree, LLC agreed to purchase two nearby office buildings in Charlotte, North Carolina. The total purchase price for the property is $24.9 million, subject to adjustments, credits and prorations. The Purchase Agreement provides LendingTree, LLC with a 40-day period of inspection during which it may elect to not proceed with the purchase for any reason and receive a return of its earnest money deposit. After such period, an earnest money deposit of $1.0 million would become non-refundable if LendingTree, LLC does not purchase the property, subject to certain exceptions. If the purchase occurs following the inspection period, the Company intends to continue to lease space in the property to existing and new tenants and eventually to relocate its headquarters into a portion of the property. LendingTree, LLC has not at this time determined a date for when a relocation of company headquarters will take place or the amount of space it would occupy at such date.