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| Carillon, a 488,277 square-foot, Class A office tower at 227 West Trade Street in uptown Charlotte, NC |
In addition, the firm completed an impressive $1.5 million renovation to the property. Carillon is owned by KBS Real Estate Investment Trust III.
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Jennifer Kurz |
Jennifer Kurz, Rhea Greene, and Tim Arnold of Trinity Partners represented KBS in the recent leasing transactions.
“Companies
in uptown Charlotte are seeking space in top-tier office properties like
Carillon to encourage in-person work among their teams,” says Kurz. “KBS pays
attention to what firms in the market need and want, and they continue to
deliver that at Carillon.”
Carillon
is located at 227 W. Trade Street, Charlotte, North Carolina 28202.
The
leasing activity reinforces the consistent performance of high-quality,
well-amenitized office properties in strong locations, according to Marc DeLuca,
CEO and Eastern regional president at KBS.
“KBS
continues to see tenants seeking properties that feature the flight to quality
improvements that Carillon offers,” says DeLuca. “Companies are drawn to these
highly amenitized buildings as a way to attract top talent and help them remain
competitive.”
Rhea Greene
In
August 2023, KBS finished construction on a hospitality-inspired renovation at
Carillon that includes a tenant amenity center known as the Town Hall Floor.
The floor is available to all tenants and features an additional
conference room with two-way conferencing, a phone room, open lounge area for
informal or formal events, a state-of-the-art coffee machine and a dedicated
wellness room.
The
building has received excellent feedback on the town hall space, which draws in
many tenants daily to eat lunch and enjoy gourmet coffee,” says Cushman and
Wakefield’s Christina Spratley, senior property manager of Carillon. “Tenants
have begun to reserve the space for after-hours meetings and events. It’s also
ideal for hosting happy hours.”
Additionally,
the renovation included updates to the corridors and management office and the
build- out of two spec suites – move-in-ready space equipped with state-of-the
art technology and high-end finishes.
Christina Spratley
The spec suite program at the property has been highly successful, accounting for 15,566 square feet of the office space KBS leased at Carillon in 2023, according to Allen Aldridge, senior vice president, co-director of asset management, and asset manager of Carillon for KBS.
“Firms are attracted to KBS’ spec suites because they are of extremely high-quality and designed with today’s top tenants in mind,” says Aldridge. “These spaces tend to lease up much faster, due to the attention to detail and materials used to design them.”
KBS
has the ability to provide spec suites in a wide range of sizes to accommodate
a broad spectrum of office users. In 2023, the firm signed leases for spec
suite space at Carillon with:
· A global financial firm – 5,056 square-foot
new lease
· Fisher Phillips – 4,919 square-foot expansion
· Alliant Insurance – 3,755 square-foot new lease
· Moffat & Nichol – 1,836 square-foot relocation and
expansion
Tim Arnold
In addition, the renovations helped sign 51,327 square feet of leasing in the last two months of the year. The 12 total leasing transactions inked for the year include three tenant expansions and several sizable deals with prominent national and local tenants. These include:
· The
GSA, on behalf of the U.S.
Attorney’s Office –
37,909 square-foot lease renewal
· National law firm Maynard Nexsen – 21,654 square-foot relocation and
renewal
· Global financial services firm Lazard –
9,390 square-foot expansion and renewal
· Local business law firm Rayburn, Cooper
& Durham –
9,068 square-foot renewal
CONTACT
Elisabeth Manville
