{"id":1004165175,"date":"2017-01-26T12:29:13","date_gmt":"2017-01-26T20:29:13","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004165175"},"modified":"2025-02-18T05:16:36","modified_gmt":"2025-02-18T13:16:36","slug":"capri-egm-nabs-build-to-suit-office-for-comcast-center-for-excellence","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/capri-egm-nabs-build-to-suit-office-for-comcast-center-for-excellence\/","title":{"rendered":"Capri EGM Nabs Build-to-Suit Office for Comcast Center for Excellence"},"content":{"rendered":"

By Laura Calugar<\/p>\n

\"Comcast<\/a>

Comcast Corp.’s headquarters in Philadelphia, Pa.<\/p><\/div>\n

Charleston, S.C.<\/strong>\u2014Capri EGM recently announced its acquisition of\u00a0a build-to-suit office facility in Charleston for a wholly-owned subsidiary of the Comcast Corp., a publicly traded, $176.8 billion global mass media and technology company. As\u00a0largest broadcasting and cable provider in the world based on revenue, Comcast will use the asset as a training center, but the building will also serve the firm\u2019s business and consumer offerings.<\/p>\n

The facility, which will be called the Comcast Center for Excellence, is located roughly 10 minutes from Charleston International Airport and in close proximity to other large corporate users in the area including Boeing and Daimler. The building is a highly functional facility, designed to meet the efficiency and flexibility standards of corporate users. The long-term net lease includes contractual annual increases and provides for future expansion.<\/p>\n

“The acquisition of the build-to-suit provides Capri EGM the opportunity to invest in assets that are consistent with our established strategy, providing durable cash flows, escalating annual rents, and attractive risk\u2011adjusted returns over time and across a variety of market conditions and economic cycles,\u201d said Shelby Pruett, Capri EGM’s co-chairman & CEO, in prepared remarks.<\/p>\n

The build-to-suit site was selected by Comcast Corp. for its location, new infrastructure, attractive workforce and strategic location. With its two primary businesses, Comcast Cable and NBC Universal, Comcast Corp. is currently ranked 43rd on the Fortune 500.<\/p>\n

Image via Google Street View <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The Class A building in Charleston, S.C., is subject to a long-term net lease and will serve Comcast as a training facility. <\/p>\n","protected":false},"author":238,"featured_media":1004165178,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21783,21742,21747,32781],"tags":[33657,33372],"class_list":["post-1004165175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-investment","category-latest","category-office","category-southeast","tag-capri-capital-partners","tag-comcast"],"acf":[],"yoast_head":"\nCapri EGM Nabs Build-to-Suit Office for Comcast Center for Excellence - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/capri-egm-nabs-build-to-suit-office-for-comcast-center-for-excellence\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Capri EGM Nabs Build-to-Suit Office for Comcast Center for Excellence\" \/>\n<meta property=\"og:description\" content=\"The Class A building in Charleston, S.C., is subject to a long-term net lease and will serve Comcast as a training facility.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/capri-egm-nabs-build-to-suit-office-for-comcast-center-for-excellence\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-26T20:29:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-18T13:16:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/Capture21.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"992\" \/>\n\t<meta property=\"og:image:height\" content=\"622\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Laura Valean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/capri-egm-nabs-build-to-suit-office-for-comcast-center-for-excellence\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/capri-egm-nabs-build-to-suit-office-for-comcast-center-for-excellence\/\",\"name\":\"Capri EGM Nabs Build-to-Suit Office for Comcast Center for Excellence - 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