{"id":1004760512,"date":"2025-06-04T23:09:21","date_gmt":"2025-06-05T07:09:21","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004760512"},"modified":"2025-06-04T23:09:23","modified_gmt":"2025-06-05T07:09:23","slug":"stiles-shorenstein-ink-59-ksf-lease-in-charlotte","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/","title":{"rendered":"Stiles, Shorenstein Ink 59 KSF Lease in Charlotte"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/110-East-e1749038371140.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"5208\" height=\"3910\" data-attachment-id=\"1004760539\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/110-east-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/110-East-e1749038371140.jpg\" data-orig-size=\"5208,3910\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"110 East\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;The 23-story office mid-rise includes 29,000-square-foot floor plates as well as multiple indoor and outdoor amenities. Image courtesy of Trinity Partners&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/110-East-e1749038371140.jpg?w=1024\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/110-East-e1749038371140.jpg\" alt=\"Exterior shot of 110 East, a 23-story office building in Charlotte, N.C.\" class=\"wp-image-1004760539\" style=\"width:400px\"\/><\/a><figcaption class=\"wp-element-caption\">The 23-story office mid-rise includes 29,000-square-foot floor plates as well as multiple indoor and outdoor amenities. <em>Image courtesy of Trinity Partners<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>The digital currency wallet and platform Coinbase has signed a 58,600-square-foot lease at 110 East, a Class A+ office mid-rise in Charlotte, N.C. The tenant will occupy the 18th and 19th floors at the 363,984-square-foot building, owned by Shorenstein Properties and Stiles.<\/p>\n\n\n\n<p>Senior Vice President Conor Brennan with JLL represented the tenant, while Trinity Partners\u00a0Director John Hannon, Partner Jennifer Kurz and\u00a0Managing Partner Rhea Greene worked on behalf of the landlord.<\/p>\n\n\n\n<p>Coinbase\u2019s leasing agreement comes after the company recently announced its plans to create an office destination in Charlotte, as part of its national expansion.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/evolving-workspaces-tips-for-modern-organizations\/\">Office of The Future<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>This transaction also comes on the heels of two other recent deals signed at 110 East during the past month. SouthState Bank relocated its regional headquarters to the property to occupy more than 40,000 square feet, and an undisclosed tenant signed a 15,500-square-foot deal. Other tenants include Humana, Patterson Pope and The Iberian Pig, which will be the anchor tenant at the building&#8217;s ground-floor retail space.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-a-recently-completed-tower\">A recently completed tower<\/h2>\n\n\n\n<p>Located on a nearly 2-acre lot within the South End submarket of Charlotte, the property is close to interstates 77 and 277, as well as to multiple retail, dining and entertainment options. Charlotte Douglas International Airport is 5 miles away and Concord, N.C. is 27 miles away.<\/p>\n\n\n\n<p>The developers <a href=\"https:\/\/www.commercialsearch.com\/news\/shorenstein-stiles-break-ground-on-186m-tower\/\">broke ground in 2022<\/a> and secured $137 million in construction funds originated by Global Atlantic Financial Group, according to CommercialEdge. Designed by Hastings Architecture, the 23-story building <a href=\"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-open-186m-charlotte-office-tower\/\">came online in 2024<\/a> and has received <a href=\"https:\/\/www.commercialsearch.com\/news\/top-5-leed-platinum-certified-buildings-in-the-u-s\/\">LEED Gold<\/a> and WiredScore Platinum certifications.<\/p>\n\n\n\n<p>The tower features 29,000-square-foot floorplates, six passenger elevators and more than 900 vehicle parking spots and EV charging stations. The building also includes some 5,800 square feet of ground-level retail space and direct access to the East\/West Station Light Rail Platform and the Charlotte Rail Trail.<\/p>\n\n\n\n<p>Spread across 17,098 square feet, 110 East\u2019s amenity package offers a 4,000-square-foot fitness center, a conference room with 100 seats and flexible layouts, lounge spaces, locker rooms, an outdoor terrace and a sky lobby. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-charlotte-s-average-rent-and-vacancy-rate-steady\">Charlotte&#8217;s average rent and vacancy rate steady<\/h2>\n\n\n\n<p>The office vacancy rate in Charlotte clocked in at 17.0 percent as of April, according to the latest <a href=\"https:\/\/www.commercialsearch.com\/news\/commercialedge-office-report-april-2025-2\/\">CommercialEdge report<\/a>. This marked a 150-basis-point increase over a 12-month period, but was still below the 19.7 percent U.S. average and some peer metros, such as Nashville (17.8 percent), Atlanta (20.3 percent) and Dallas (23.9 percent).<\/p>\n\n\n\n<p>The metro&#8217;s average listing rate during the same month was at $35.38 per square foot, higher than the $33.34 national average, while also topping Houston ($28.66), Dallas ($31.45) and Atlanta ($33.36).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The approximately 370,000-square-foot property came online last year.<\/p>\n","protected":false},"author":2991,"featured_media":1004760539,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1582,21742,21747,32781],"tags":[32796,33448,38611],"class_list":["post-1004760512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-charlotte","category-latest","category-office","category-southeast","tag-jll","tag-shorenstein-properties","tag-stiles-corporation"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stiles, Shorenstein Ink 59 KSF Lease in Charlotte - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Shorenstein Properties and Stiles have signed a 58,600-square-foot lease at an office building totaling 363,984 square feet in Charlotte, N.C.\" \/>\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\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stiles, Shorenstein Ink 59 KSF Lease in Charlotte\" \/>\n<meta property=\"og:description\" content=\"Shorenstein Properties and Stiles have signed a 58,600-square-foot lease at an office building totaling 363,984 square feet in Charlotte, N.C.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/\" \/>\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=\"2025-06-05T07:09:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-05T07:09:23+00:00\" \/>\n<meta name=\"author\" content=\"Simona Tudose\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/110-East-e1749038371140.jpg\" \/>\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\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/\",\"name\":\"Stiles, Shorenstein Ink 59 KSF Lease in Charlotte - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/110-East-e1749038371140.jpg\",\"datePublished\":\"2025-06-05T07:09:21+00:00\",\"dateModified\":\"2025-06-05T07:09:23+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4\"},\"description\":\"Shorenstein Properties and Stiles have signed a 58,600-square-foot lease at an office building totaling 363,984 square feet in Charlotte, N.C.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/110-East-e1749038371140.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/110-East-e1749038371140.jpg\",\"width\":5208,\"height\":3910,\"caption\":\"The 23-story office mid-rise includes 29,000-square-foot floor plates as well as multiple indoor and outdoor amenities. Image courtesy of Trinity Partners\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Stiles, Shorenstein Ink 59 KSF Lease in Charlotte\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4\",\"name\":\"Simona Tudose\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79\",\"caption\":\"Simona Tudose\"},\"description\":\"Simona Tudose is an Associate Editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in July 2022 and writes news about industrial, office and manufactured housing sectors. You can reach out to her at simona.tudose@cpe-mhn.com.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/simona-tudose\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Stiles, Shorenstein Ink 59 KSF Lease in Charlotte - Commercial Property Executive","description":"Shorenstein Properties and Stiles have signed a 58,600-square-foot lease at an office building totaling 363,984 square feet in Charlotte, N.C.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/","og_locale":"en_US","og_type":"article","og_title":"Stiles, Shorenstein Ink 59 KSF Lease in Charlotte","og_description":"Shorenstein Properties and Stiles have signed a 58,600-square-foot lease at an office building totaling 363,984 square feet in Charlotte, N.C.","og_url":"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2025-06-05T07:09:21+00:00","article_modified_time":"2025-06-05T07:09:23+00:00","author":"Simona Tudose","twitter_card":"summary_large_image","twitter_image":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/110-East-e1749038371140.jpg","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/","url":"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/","name":"Stiles, Shorenstein Ink 59 KSF Lease in Charlotte - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/110-East-e1749038371140.jpg","datePublished":"2025-06-05T07:09:21+00:00","dateModified":"2025-06-05T07:09:23+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4"},"description":"Shorenstein Properties and Stiles have signed a 58,600-square-foot lease at an office building totaling 363,984 square feet in Charlotte, N.C.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/110-East-e1749038371140.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/110-East-e1749038371140.jpg","width":5208,"height":3910,"caption":"The 23-story office mid-rise includes 29,000-square-foot floor plates as well as multiple indoor and outdoor amenities. Image courtesy of Trinity Partners"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/stiles-shorenstein-ink-59-ksf-lease-in-charlotte\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Stiles, Shorenstein Ink 59 KSF Lease in Charlotte"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4","name":"Simona Tudose","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79","caption":"Simona Tudose"},"description":"Simona Tudose is an Associate Editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in July 2022 and writes news about industrial, office and manufactured housing sectors. You can reach out to her at simona.tudose@cpe-mhn.com.","url":"https:\/\/www.commercialsearch.com\/news\/author\/simona-tudose\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/110-East-e1749038371140.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004760512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/2991"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004760512"}],"version-history":[{"count":9,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004760512\/revisions"}],"predecessor-version":[{"id":1004760671,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004760512\/revisions\/1004760671"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004760539"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004760512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004760512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004760512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}