Wednesday, October 10, 2018

HFF announces refinancing for a newly renovated Class A office building in Uptown Charlotte, NC


300 South Brevard Office Complex,  Uptown Charlotte, NC

 CHARLOTTE, NC, Oct.  9, 2018  Holliday Fenoglio Fowler, L.P. (HFF) announces the refinancing for 300 South Brevard, a 358,855-square-foot, Class A office building in Uptown Charlotte, North Carolina.

Travis Anderson
The HFF team worked on behalf of the borrower, Stream Realty Partners, L.P., to secure the four-year, floating-rate loan through PCCP, LLC. 

300 South Brevard is located in the heart of Uptown strategically positioned adjacent to the Lynx Blue Line’s 3rd Street Station and within a block of the Charlotte Transit Center.  

The property is connected via a covered walkway to Overstreet Mall, which is a network of skywalks providing accessibility to numerous retail and dining options through Uptown. 

 Additionally, the 15-story office tower is adjacent to the Charlotte Convention Center, which attracts more than half a million visitors each year; and is across the street from the NASCAR Hall of Fame, as well as being proximate to numerous demand drivers in downtown Charlotte. 

Cory Fowler
 Recent renovations focused on establishing a collaborative, modern office setting that will appeal to young professionals as well as improving the property’s efficiency.  

Updates were made to the lobby, elevator tower and building façade, among others, and new ground floor and lobby level retail spaces were added along with an outdoor terrace and patios.  300 South Brevard also offers tenants parking in a five-level, 552-space parking structure.

The HFF debt placement team representing the borrower included senior managing director Travis Anderson, senior director Cory Fowler and associate John Gavigan.

“Stream has done a phenomenal job revitalizing an old, tired building into modern, sleek office space to attract the growing pool of talent in Charlotte,” Fowler said. 

John Gavigan
“We believe Stream is positioned to take advantage of Charlotte’s growth, which has seen a lot of success in the office sector, especially in Uptown,” added Anderson.

CONTACTS:

TRAVIS ANDERSON
HFF Senior Managing Director
(704) 526-2800

CORY FOWLER
HFF Senior Director
(704) 526-2800

KRISTEN MURPHY
HFF Director, Public Relations
(617) 338-0990



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