Charlotte Office Complex Trades for $328.5M
Cousins Properties purchased Vantage South End, a 639,000-square-foot office complex in Charlotte, for $328.5 million. The sellers were Invesco Real Estate and The Spectrum Cos.
The duo completed the two-building campus in 2021 and 2022. Rodgers Buildings was the general contractor, and LS3P Associates was the design firm. Initial plans for the property also included an 11-story, 200-key boutique hotel.
Vantage South End comprises two 11-story buildings that feature 45,000 square feet of retail space, a 1-acre park, 18 outdoor terraces, several fitness and conference centers, and multiple on-site dining options.
Commercial Edge reports the office complex is 97.4 percent leased with a weighted average lease term of more than nine years. Tenants include CBRE, LendingTree, Alston & Bird and Hartford Insurance.
The office complex at 1415 Vantage Park Drive and 1120 S. Tryon St. is the site of Centene’s former headquarters.
The post Charlotte Office Complex Trades for $328.5M appeared first on Connect CRE.
Cousins Properties purchased Vantage South End, a 639,000-square-foot office complex in Charlotte, for $328.5 million. The sellers were Invesco Real Estate and The Spectrum Cos. The duo completed the two-building campus in 2021 and 2022. Rodgers Buildings was the general contractor, and LS3P Associates was the design firm. Initial plans for the property also included …
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