Trinity Partners hired to handle office leasing duties
CHARLOTTE (October 6, 2022) – Griffin Partners, an entrepreneurial commercial real estate investment, development and property management firm, has expanded its Charlotte portfolio with its recent acquisition of The Roxborough and 6525 Carnegie in SouthPark.
The Roxborough, located at 1901 Roxborough Road, and 6525 Carnegie total 179,242 SF of Class-A office space in one of Charlotte’s most notable office submarkets, SouthPark. The buildings are home to South State Bank, Wastequip, TPV International, Movement Mortgage, and Perry’s Jewelry.
Griffin Partners entered the Charlotte market in 2019 after acquiring three office properties in the Airport submarket. The Houston-based firm added to its portfolio a year ago after acquiring a seven-building office and flex building portfolio, also in the Airport submarket.
“This SouthPark investment is representative of our strong conviction on placing capital within well-performing office assets for our latest Fund, Griffin Partners Income & Value Fund IV (“Fund IV”). The Roxborough and 6525 Carnegie buildings have a proven track-record of performance in an excellent amenity-rich and walkable location,” said Andrew Montgomery, President, Investment Management at Griffin Partners. “We are thrilled to have closed this purchase despite a difficult capital environment alongside a trusted and tenured joint venture partner and a longstanding relationship lender. This closing assures our long-term presence in the Charlotte market, alongside our excellent local operations team who will provide continued high-touch service while implementing our strategic business plan to enhance our newly acquired assets in the coming months for our existing and future customers.”
Griffin Partners plans to immediately implement capital improvements, including the construction of pre-built office suites and interior common area renovations. Jennifer Kurz, John Hannon, and Bo Blight will lease the SouthPark portfolio on behalf of building ownership.
“We’re honored to work with Griffin Partners on their new SouthPark portfolio,” Kurz said. “With their existing portfolio in the Airport submarket, they’ve developed a reputation of delivering the highest quality office and tenant experience. We’re looking forward to the thoughtful improvements they have planned, including the modern design and finishes for a Pre-Built Suite program.”
ABOUT GRIFFIN PARTNERS
Griffin Partners is a commercial real estate investment, development, and property management firm founded in 1980 by Fred Griffin. Headquartered in Houston, Texas, Griffin Partners cumulatively has acquired or developed over 16 million square feet of space across more than 75 projects comprised of 112 individual properties, with an aggregate value that exceeds over $2.2 billion. The company owns and operates properties throughout Texas, Colorado, Arizona, Utah, Tennessee and North Carolina. For more information on Griffin Partners, visit www.griffinpartners.com
ABOUT TRINITY PARTNERS
Trinity Partners is a full-service commercial real estate firm serving corporate users and institutional owners throughout the United States, with ten service lines ranging from landlord and tenant representation to property management and investment sales. They are known for their entrepreneurial spirit, best-in-class performance, and respected team of commercial real estate professionals, who are directly responsible for the company’s success and collaborative culture. The firm currently leases and/or manages over 26 million square feet of office, industrial, mixed-use, and retail space across the region through their four offices in Charlotte and Raleigh, North Carolina, and Columbia and Greenville, South Carolina.