{"id":1004361755,"date":"2019-10-22T13:54:04","date_gmt":"2019-10-22T21:54:04","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004361755"},"modified":"2021-05-10T02:06:32","modified_gmt":"2021-05-10T10:06:32","slug":"shorenstein-properties-buys-charlotte-office-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/shorenstein-properties-buys-charlotte-office-campus\/","title":{"rendered":"Shorenstein Properties Buys Charlotte Office Campus"},"content":{"rendered":"
\"\"<\/a>

6800 Solectron Drive. Image via Google Street View<\/em><\/p><\/div>\n

Westcore Properties has sold a 450,000-square-foot office asset in Charlotte, N.C., to Shorenstein Properties. The Mecklenburg County Assessor\u2019s office most recently assessed the property at about $24.5 million. Last summer, CommonGrounds Workplace signed a 62,461-square-foot lease<\/a> at Shorenstein Properties\u2019 1700 Market St. Class A tower in Philadelphia.<\/p>\n

Located at 6800 Solectron Drive in Charlotte’s University City submarket, the property is adjacent to Innovation Park, a nearly 2 million-square-foot campus originally leased to IBM. The area comprises more than four million square feet of office space, housing businesses in diverse industries such as technology, energy, finance and healthcare and almost 25 Fortune 500 companies. The asset is less than 2 miles from Interstate 85, roughly 3 miles from the Lynx light rail extension and less than 10 miles from downtown Charlotte.<\/p>\n

Completed in 1982 on a 38.6-acre site, the property was initially built for IBM\u2019s manufacturing and office uses. Up until 2018, the asset was fully leased to Flextronics. The new owner intends to implement an extensive redevelopment program, which will include the outdoor amenities, parking and access to surrounding roadways. Cushman & Wakefield\u2019s Executive Director Jessica Brown and Senior Director David Dorsch will handle the marketing and leasing of the campus.<\/p>\n","protected":false},"excerpt":{"rendered":"

The new owner intends to implement an extensive redevelopment program at the 450,000-square-foot property. <\/p>\n","protected":false},"author":748,"featured_media":1004361758,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1582,21743,21742,21747],"tags":[32799,37114,33448,34163],"class_list":["post-1004361755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-charlotte","category-deals","category-latest","category-office","tag-cushman-wakefield","tag-ibm-corporation","tag-shorenstein-properties","tag-westcore-properties"],"acf":[],"yoast_head":"\nShorenstein Properties Buys Charlotte Office Campus - 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\/shorenstein-properties-buys-charlotte-office-campus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shorenstein Properties Buys Charlotte Office Campus\" \/>\n<meta property=\"og:description\" content=\"The new owner intends to implement an extensive redevelopment program at the 450,000-square-foot property.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/shorenstein-properties-buys-charlotte-office-campus\/\" \/>\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=\"2019-10-22T21:54:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-10T10:06:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/10\/1-1-e1571746050624.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1238\" \/>\n\t<meta property=\"og:image:height\" content=\"930\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lucia Morosanu\" \/>\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\/shorenstein-properties-buys-charlotte-office-campus\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/shorenstein-properties-buys-charlotte-office-campus\/\",\"name\":\"Shorenstein Properties Buys Charlotte Office Campus - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/shorenstein-properties-buys-charlotte-office-campus\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/shorenstein-properties-buys-charlotte-office-campus\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/10\/1-1-e1571746050624.jpg\",\"datePublished\":\"2019-10-22T21:54:04+00:00\",\"dateModified\":\"2021-05-10T10:06:32+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1077c2cf363c47bc75d1ab4c42b53bb5\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/shorenstein-properties-buys-charlotte-office-campus\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/shorenstein-properties-buys-charlotte-office-campus\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/shorenstein-properties-buys-charlotte-office-campus\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/10\/1-1-e1571746050624.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/10\/1-1-e1571746050624.jpg\",\"width\":1238,\"height\":930,\"caption\":\"6800 Solectron Drive. 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