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Carillon, a 24-story, 488,277 SF
trophy office building located in uptown Charlotte, NC. |
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| Marc DeLuca |
The transactions highlight the ongoing
appeal of Class A space for office users in select CBDs across the country,
with Charlotte being a key market to watch, according to Marc DeLuca,
CEO and eastern regional president of KBS.
Allen Aldridge
“Best-in-class office properties in key
cities nationwide are growing with companies seeking a competitive edge in
their respective fields,” says DeLuca. “Charlotte, with its vibrant sports and
commercial hubs and culturally artistic vibe, is one of those cities, and
exceptional assets like Carillon are currently spearheading the office
renaissance in these places.”
Jean Tinguely
According to Cushman & Wakefield, the Charlotte region has remained relatively unaffected by recent nationwide layoffs in tech and banking woes due to the presence of stable banking institutions buoying against uncertainty in the markets.
Office rental rates have seen tremendous
growth over the past eight years, and new leasing activity rebounded modestly
in Q1 after a Q4 2022 slowdown, with more than 418,000 square feet of deals
signed.
“KBS is adept at identifying top-tier
office assets in strong locations that attract the most successful companies in
the area,” says Allen Aldridge, asset manager for Carillon and senior
vice president, acquisitions/co-director of asset management for KBS.
Jennifer Kurz
“Carillon is a highly desirable property
in uptown Charlotte that not only draws in discerning tenants but also drives
them to renew their leases and expand their footprints at this iconic building.”
The lease renewal with GSA, on
behalf of the US Attorney’s Office is especially significant at a time when
select industries have been reducing their footprints of leased office space in
markets across nationwide, Aldridge notes.
“Signing a lease renewal of over 30,000
square feet reflects the strength of this property and confirms KBS as a
quality landlord,” continues Aldridge.
Rhea Greene
Carillon is a LEED Gold-certified,
ENERGY STAR-rated and UL-Verified Healthy Building featuring museum-quality
interiors and artwork.
Located within a block of Trade and Tryon Streets, uptown
Charlotte’s “Main & Main,” the property is conveniently situated near
public transportation, shopping, dining, and entertainment options.
With its dramatic, neo-Gothic
architecture, the office tower features a newly refurbished two-story lobby
with Italian Verona marble floors, a 40-foot kinetic sculpture by world-renowned
artist Jean Tinguely and a grand side entry leading to the newly
completed tenant amenity courtyard shared with the luxury Grand Bohemian Hotel
next door.
Common amenities include a
state-of-the-art conference center, an on-site Bright Horizons childcare
center, a fitness center with showers, a car wash, and Morton’s Steakhouse.
Jennifer Kurz, Rhea Greene,
and Tim Arnold of Trinity Partners represented KBS in the recent
leasing transactions.
Tim Arnold
“Carillon continues to be on the short
list of preferred high-rise office buildings in Uptown,” says Kurz.
“Companies are drawn to its unmatched
location and amenities. We expect to continue to see significant activity with
the recent delivery of the market’s most elevated and sophisticated spec
suites.”
KBS has completed six spec suites ranging from 2,100 to 8,200 square feet ready for immediate move in.
“Carillon’s spec suite program is a perfect fit for tenants with a
shorter move schedule, and KBS continues to set the bar for high-end finishes
and sophisticated design,” Kurz continued.
Carillon is located at 227 W. Trade
Street, Charlotte, North Carolina. Please find photos of the property here.
Contact:
Arleeny Escarcega
aescarcega@thesmartagency.com
