CNL in Charge of Leasing Landmark Charlotte Office Building
- Aug 27, 2015
By Adelina Osan, Associate Editor
CNL Commercial Real Estate was named the firm in charge of leasing the 121 West Trade building located in upscale location in the Charlotte area, according to the BizJournals. The 330,000-square-foot office tower is currently 73 percent occupied.
CNL Commercial Real Estate relocated its office in Charlotte to 121 West Trade earlier this year and has been managing the building since December.
With Chicago Bridge & Iron Co. as the building’s most extended tenant, 121 West Trade leases 117,000 square feet or about a third of the entire building to the conglomerate engineering and construction company .
The 121 West Trade building offers a range of amenities for companies and their employees such as convenient location at the intersection of Trade Street and Tryon Street, the Charlotte City Club located on the top two levels of the building, 260 parking spaces, on-site management and security 24/7.
The 32-story office building was acquired in 2013 by The Dilweg Cos. and Greenfield Partners for $59.6 million. The company in charge of designing the 121 West Trade was New York-based architecture firm Kohn Pedersen Fox Associates.