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Leasing & Property Transfers in Downtown/West End vicinity


vicupstate

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This may mean nothing at all, but the office building at 601 E. McBee St. (across from McBee Station) is staked off.  I can't be certain, but 501 E. McBee St. (Northwestern Mutual) appears to be staked off too.  The Davenport Condo parking lot also had a stake on the corner with Washington and Heldman St.  

Not that long ago there was a proposal for 600 E. Washington St, which shares a border with 601 E. McBee St. 

 Anyone know anything about any of these? 

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Recent Commercial Alteration Building permits issued recently indicate there may be some tenant remodels underway at the Landmark Building 18th floor (183k), Poinsett Plaza 9th floor(721k) and Wells Fargo building 6th floor(382k).  May just be remodels but perhaps new leases have been signed.     

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  • 2 weeks later...

Three parcels totaling .83 acres at 526 W. Washington St. sold on 2/22/21 for $1.2 million.  This is next to the Greenville Heritage Credit Union.  The property runs all the way back to Asbury Ave. 

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400 Townes (corner of Townes and Park) sold on 2/23/21 for $280k. The parcel is .14 acres and has a building on it.    

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On 1/24/2021 at 5:59 PM, vicupstate said:

This may mean nothing at all, but the office building at 601 E. McBee St. (across from McBee Station) is staked off.  I can't be certain, but 501 E. McBee St. (Northwestern Mutual) appears to be staked off too.  The Davenport Condo parking lot also had a stake on the corner with Washington and Heldman St.  

Not that long ago there was a proposal for 600 E. Washington St, which shares a border with 601 E. McBee St. 

 Anyone know anything about any of these? 

601 E. McBee St sold on 3/4/21 for $1,250,000. The property is .855 acres.  That seems like a real bargain for this property ($66 a SF). The price is low enough that a demo and redevelopment might make sense.  

 

EDIT:  The County website has changed the price to $2,750,000.  

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40 minutes ago, vicupstate said:

^^ WOW! That is a lot of space. I wonder if the banks will follow suit.   

Oddly enough word on the street is that Wells Fargo will be taking over a lot of this soon to be empty space. However, they will be leaving 1 Wells Fargo Center which has almost 1 million square feet of office space to make up for it so a lot of shifting going on. 

https://news.duke-energy.com/releases/new-plaza-in-uptown-charlotte-to-become-duke-energys-corporate-headquarters

“After a thorough review of the company’s current and future real estate needs in Uptown, the company also plans to exit the Duke Energy Center located at 550 South Tryon Street and Piedmont Town Center in South Park. Once the new tower is complete, the company plans to sell its 526 Church Street and 401 College Street facilities and exit 400 South Tryon Street. The plan will consolidate the space the company occupies in the Charlotte area over the next several years with the goal of reducing its footprint from approximately 2.5 million square feet to approximately 1 million square feet.”

 

Edited by gman430
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16 minutes ago, vicupstate said:

Crossroads Treatment Centers moving to former Elliott Davis building

Leaving Liberty Square for Elliott Davis but taking more square footage. 

Another example of Class A space getting taken while older space gets emptied. 

Glad to see that they're taking more space than they're leaving behind. Both Liberty buildings have rather inefficient floor plates. 

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