Charlotte, North Carolina
Square footage: 198,223
Located in the thriving Charlotte Airport sub-market, this is a Class B, 198,223 sq ft collection of buildings in the Airport sub-market, consisting of Airport Overlook, Scarlet Oak, and Pinebrook Plaza. Occupancy hovers steadily at 85% after fluctuations through the years. Located less than half a mile from the major highway, I-77, this is an ideal position for tenants to enjoy the advantages of convenience and accessibility. Proximity to two major airports, Charlotte Douglas International and Charlotte CBD, offer connectivity and competitive advantage for attracting new businesses and increasing standards for employees.
Charlotte Douglas International Airport (CLT), is one of the 10 busiest airports in the United States and is currently undergoing $2.5 billion of major expansions to the main terminal and addition of a fourth runway. This purchase represents Griffin Partners’ response to investigation into the up-and-coming best markets for expansion and investment. Charlotte offers terrific opportunity to take initiative of a fast-growing, bustling city with the Lynx Blue Line Light Rail, breweries and distilleries, fine dining, educational institutions, and entertainment venues.
Airport Overlook is 59,482 sq ft and is 81% leased.
Scarlet Oak is 77,397 sq ft and is 80% leased.
Pinebrook Plaza is 61,344 sq ft and is 97% leased.
SENIOR PROPERTY MANAGER
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