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Transactions - SEPTEMBER 19, 2019

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Ascentris acquires two offices in Charlotte

by Released

Ascentris has purchased The Hub and The Nexus, two six-story office buildings totaling 312,000 square feet that include two free-standing parking structures, located in Charlotte, N.C.

The Hub and The Nexus, collectively 77 percent leased to 13 tenants, were constructed in July 2017 and April 2019, respectively. Both Buildings are LEED certified and feature modern, Class A construction, including rectangular 26,000-square-foot floor plates, Z-corridors, 9’4” ceilings on floors two through five, and 10’4” ceiling heights on floors one and six, which provide tenants unobstructed views of both downtown Charlotte and SouthPark.

The office buildings are part of the 90-acre Waverly mixed-use, master-planned community developed by Childress Klein, Crosland Southeast and the B. Frank Matthews II family, which development also includes Waverly Shopping Center, two medical office buildings, 871 for-sale and for-rent residential units, and a 141-room Hilton Garden Inn.

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