Former Charlotte Big-Box Transformed to Creative Office Space: JLL Hired to Market and Lease Innovative Space
Charlotte, N.C. – A joint venture between Mainstreet Capital Partners and DRA Advisors, LLC has successfully transformed a shuttered big box into INQ @ 2401, a versatile office environment near Crownpoint Development. JLL represented the owner in the redevelopment of the former retail space and has been hired to lease and market the property.
Major renovations including a brand new façade, HVAC, roof, windows, landscaping and parking lot were completed the week of Oct. 11,. Stocker Associates is the general contractor and Redline Design created the new look for the exterior of the building.
“The building is essentially a brand new spec building,” said JLL vice president Tom FitzGerald, “and importantly, the property meets the demands of today’s office tenants with a higher-than-normal eight per 1,000 parking ratio and allows the occupant the unique opportunity to create an open office environment craved by creative start up and tech companies.”
FitzGerald is marketing the property with JLL colleagues Barry Fabyan and Charley Leavitt.
“INQ @ 2401 is a great example of a building conversion with the end user in mind. Interest has been high and we attribute that, in part, to the current real estate and technology trends in Charlotte and across the country,” said Fabyan. Charlotte ranks third in markets for percent increase of technology job growth, according to JLL’s research.
INQ @ 2401 is located at the well-traveled intersection of Independence Boulevard and Sardis Road with access to I-485 and connectivity to Uptown and the Charlotte Douglas International Airport.
The building for INQ @ 2401 is ready for tenant build-out.