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.
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.
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.