Charlotte Commercial Real Estate Services

Level Office

Kenny Smithoffice case study

Challenge:

Locate a 20,000-40,000 sqf, free-standing building that is at most 30% occupied in Uptown Charlotte for Level Office, a co-working company, during a high-demand market.

Solution:

We performed in-depth analysis on client operations and desired outcomes to discover the most practical and economically sound solution possible. The tight market led us to a 22,000 square foot, aged office building with inefficient structural design and floor plans, but that was perfect in other aspects.

Result:

We negotiated the purchase price below market value to allow for a complete building renovation, while also assembling the construction team to perform the work. The result was that Level One opened the premier millennial co-work office space in Charlotte.


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