Tyron Investors Secures New Tenant at Charlotte Office Tower
Emirati company DP World signed a lease for its North American base of operations.
Vantage South End was the largest office delivery recorded last year in Charlotte, N.C. Image courtesy of Mohr Partners
DP World has signed a lease for 15,808 square feet at Vantage South End’s East Tower, a 286,235-square-foot office building in Charlotte, N.C. Mohr Partners represented DP World, while The Spectrum Cos. represented the landlord, Tyron Investors.
The office space will serve as United Arab Emirates-based DP World’s new North American base of operations. The company deals with cargo logistics, port terminal operations, maritime services and free trade zones.
The Vantage South End is a mixed-use property that comprises two 11-story office towers, with the West Tower encompassing 326,800 square feet. The 635,000-square-foot asset also includes 55,000 square feet of retail and amenity space.
Tenants can access features such as a fitness center, green space with room for more than 1,000 outdoor seats, a training and event space, as well as several on-site dining options. The property was the largest office delivery recorded last year in metro Charlotte.
The anchor tenant is LendingTree, which occupies 175,000 square feet, according to CommercialEdge. The roster also includes Alston & Bird, Brightspeed and Armstrong Transport Group.
Located at 1120 S Tyron St., the mixed-use asset is less than a mile southwest of the Charlotte Convention Center and some 6 miles east of the Charlotte Douglas International Airport. The property is also surrounded by several dining, transportation, retail and entertainment options.
Mohr Partners Managing Principal & Shareholder Eric Beichler represented DP World in the deal, while The Spectrum Cos. Managing Director Virginia Luther represented Tyron Investors.
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