Wake Forest University Charlotte Center
Wake Forest University Charlotte Center
Phenomenal adaptive reuse opportunity on 3.47 acres in Charlotte's CBD at an attractive basis. Mixed-Use zoning provides strong optionality in repositioning.
Revere is an invite-only digital network and deal marketplace for commercial real estate professionals, with $50 billion in deal volume launched this year.
Connect with 50,000+ professionals today
Ryan is a Senior Managing Director in the Carolinas office of JLL Capital Markets, Americas. He joined JLL as part of the HFF acquisition and is primarily responsible for investment sales advisory transactions throughout the Carolinas region. Ryan is a co-leader of JLL’s National Office Group, he has completed more than $8 billion in commercial real estate transactions during the course of his career.
- Property Type
- OfficeMixed Use
- Deal Type
- AcquisitionRehabilitationDevelopment
- Risk Profile
- OpportunisticDistressed
EXECUTIVE SUMMARY
Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained as the exclusive sale representative for Wake Forest University Charlotte Center (the “Property”, “WFUCC”), a 455,884 square foot mid-rise office asset prime for repositioning located in Charlotte, one of the nations top ranked real estate markets. The Property occupies a full city block next to the Spectrum Center, home of the Charlotte Hornets, in a highly infill location seeing large scale redevelopments and repositionings in Charlotte’s CBD. Featuring premier accessibility with an adjacent light rail station and numerous parking options within a one block radius, the location is prime for creative office space and retail with zoning at the Property providing optionality in repositioning, which is supported by strong market and location dynamics.
Wake Forest University Charlotte Center presents investors with a rare investment opportunity to acquire significant scale in Charlotte’s CBD at an attractive basis when compared to development opportunities in Charlotte’s CBD. The unique optionality in repositioning will allow an investor to implement their own unique vision for the Property, which will benefit from the strong long-term outlook for the micromarket and Uptown Charlotte.
| Files | Updated | Download |
|---|---|---|
| WFUCC Teaser_JLL.pdf |