Town Lane and Trinity Capital Advisors' Announce Acquisition of 440 South Church in Uptown Charlotte [Yahoo! Finance]
Trinity Capital Inc. (TRIN)
US:NASDAQ Investor Relations:
lanb.com/home/about-us/news/2017/09/15/trinity-capital-corporation-commences-trading-on-otcqx-and-announces-dtc-eligibility
Company Research
Source: Yahoo! Finance
real estate acquisition and investment firm, are pleased to announce the acquisition of 440 South Church. The 15-story, 388,657 square-foot Class-A office building is situated at the intersection of Uptown's bustling business and cultural district and Charlotte's vibrant South End, a location which has experienced nearly one million square feet of leasing in just a three block radius over the last three years. 440 South Church is currently mid-40s% occupied, offering a compelling leasing opportunity in this popular but supply-constrained area of Charlotte's office market. The property is ideally positioned to benefit from the area's continued growth, including the heavily anticipated Brooklyn & Church, an adjacent redevelopment project encompassing an entire block directly across the street from 440 South Church. The Brooklyn & Church redevelopment will transform the former Duke Energy building into 57,000 square feet of retail and 460 sustainably developed luxury residential unit
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