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6800@URP | 6800 S O L ECTRO N D RI V E CHA RLOTTE , NC
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A Vision Created With You In Mind
Charlotte, North Carolina
Originally designed to IBM’s highest standards for manufacturing and office uses, the property is undergoing a major revitalization to meet Charlotte’s growing
demand with the largest block of existing office space in Charlotte.
Finally, space that works the way you do, collaborative, innovative, with purpose. 6800@URP provides a work environment where ideas flourish and creativity
thrives. A new contemporary office environment creates a workplace that will help recruit and retain employees as well as showcase modern office design.
Dramatic entryways reveal this is no ordinary place to work. This is the perfect mix for distinct company identity and branding, along with creative workspace with
open, high-volume ceilings, and exposed concrete floors.
Integrating the Lynx line extension with superb access to I-85 and I-485, 6800@URP offers you access to all of Charlotte’s labor talent.
BEST CITY FOR HIGH PAY AND LOW EXPENSES
Yahoo
MOST MILLENIAL GROWTH
Apartment List, Inc.
FASTEST GROWING CITY IN THE U.S.
United States Census
STATE IN THE COUNTRY FOR LOW COST OF BUSINESS (NC)
Forbes
BEST STATE TO DO BUSINESS
Forbes
#3
#2
#1
#1
#2
Click to view our property video
http://www.youtube.com/watch?v=WeGSSKSIQGA
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6800@URP Facts- Approximately 453,600 RSF
• 153,600 SF in two-story office space (approximately 76,800 SF per floor)
• 300,000 SF in single-story high clear height office space
- Clear Heights
• Office (1st Floor) 14.5 ft to the joist
• Office (2nd floor) 16 ft to the joist
• Single Story Office 16-17 ft to the joist
- Large Floor Plates
- Shell condition, ready for personal design
- 40’ x 40’ Column Spacing
- 8” exposed concrete floors
- RE-2 Zoning
- 4.6/1,000 surface parking with the ability to add up to 6.0/1,000, or 2,658 total parking spaces
- Electric vehicle charging stations
- Fiber available
- Built in 1982
- Revitalization in 2018
• New two-story glass lobby at main entry
• New second lobby entrance
• Ten large (60 SF) skylights
• Added glass line for more natural light
• Outdoor Quad that is a natural extension of the interior space
- Back Up Generator
- Shipping/Receiving Area
- Heavy Power
- Professionally owned and managed
Building Summary
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Availability
POTENTIAL
* Stated SF numbers are to be verified
94,675 SF
80,355 SF80,355 SF
78,055 SF
120,166 SF
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Revitalization
Design:- New 6,500 sf two-story glass lobby at main entry
- New second lobby entrance
- New and more prominent monument sign
- Eco-friendly landscaping
- Facade upgrades and new exterior paint
Functionality:- 4.6/1,000 surface parking (and the ability to achieve
6.0/1,000 parking with structured parking)
- New roof top package HVAC units with gas heat
Natural Light:- Ten (10) new large architectural feature (60 sf ea.)
skylights allowing for natural light to enter into the center of the building
- Remove existing 4’ ribbon windows at the East elevation (249’) and install floor to ceiling glass
Understanding that a contemporary work environment directly improves employee health and workplace satisfaction, we are creating a building that will nurture and promote productivity and well-being through design, functionality and natural light.
Revitalization Costs: $20 Million Dollars
Lobby Concept
Main Entrance to Building
Skylight Example
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POTENTIAL
Revitalization 453,600 RSF Office Space
Modification of existing exterior glazingto introduce more light to interior officeenvironment
Ten (10) Architectural Grade Skylights
Quad Outdoor Lounge
Conceptual Interior Lobby Design
New Glass Line at Elevation
New Exterior Facade New Exterior Facade
Main Lobby Entrance Concept
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Your Ownership & Revitalization Team
Westcore
DON ANKENY CEO
ROBERT SISTEKCOO
LAUREN SUAZODirector of Leasing
NICK MARKOSVice President, Asset Management
RYAN CHILDSDirector of Construction
Redline
GRAHAM RABONArchitect & Project Manager
BROOKS RUNKLEPrincipal and Project Executive
Choate
MARK HUGHES Vice President, Oversite and Project Management
TODD BROWNProject Executive, Cost Management and Oversite
PAT HALLINANSuperintendent
MIKE O’NEILL Superintendent
Schedule of Completion
OVERALL PROJECT COMPLETIONDESIGN
PERMITTING
CONSTRUCTION (INCLUDING COMMON AREAS)MAIN ENTRANCE
NORTH ENTRANCE & PARK
SITEWORK & PARKING
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Month 13
TENANT IMPROVEMENTS
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Parking
PARKING - 2,060 PARKING SPACES 4.6/1,000 SF
SOLECTRON DRIVE IBM
DR
IVE
NEW MONUMENT SIGN
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Expanded Parking Phase 2
SURFACE PARKING - 2,060 PARKING SPACES 4.6/1,000 SF
PROPOSED PARKING - NET GAIN 598 PARKING SPACES 2,658 SPACES, 6.0/1,000 SF TOTAL
SOLECTRON DRIVE IBM
DR
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NEW MONUMENT SIGN
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Access & Amenities
- Superb access to I-85 and I-485
- Accessible to new Lynx blue line light rail extension
- Center of University City submarket
• Home to 23 Fortune 500 Companies, 430 retail locations, and more than 30 retail centers
- 20 minutes to Charlotte Douglas International Airport
- Abundance of amenities nearby
• Hilton Hotel
• Hampton Inn
• Courtyard Marriott
• Shoppes at University Place
- Retail, entertainment & restaurant center
• Dick’s Sporting Goods
• IKEA
• UNC Charlotte
• PNC Music Pavilion
• Grand Promenade Shopping Center
• Total Wine• iHOP• FedEx• Jos A. Bank• Many other restaurants
6800 SOLECTRON DR
SHOPPES AT UNIVERSITY
PLACE
GRANDE PROMENADE
SHOPPING CENTER
85 Shoppes at University Place
PNC Music Pavilion
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Innovation Park
Wells Fargo
Mallar
d Cree
k Rd.
West W
T Harris Blvd.
University City Blvd.
Extension
Unparalleled Access
N
UNC Charlotte
85
Univer
sity Cit
y Blvd
.
New Bridge Completed in 2017
New Bridge Planned for 2019
Proposed CATS Lynx Shuttle
JW Clay Blvd/UNC
McCullough
UNC Charlotte Main
Opened in March 2018
9.3 mile rail extension with 11 stations &
4 park-and-ride facilities in University area
BLUE LINE EXTENSION FAST FACTS
25,000+ expected daily ridership & 2,000 garage parking spaces
Connects UNC Charlotte campus to
Uptown Charlotte in approximately 20
minutesUniversity City Blvd.
16
20 MIN. to Charlotte Douglas International Airport
8 MIN. to Concord Airport
6800 SOLECTRON DR
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6800 Solectron Dr.
85LYNX Blue Line
Mallard Creek Road
W.T. H
arris B
ouleva
rdIBM
Drive
IBM Drive
N
Shoppes at University Place
UNCC Main Station
JW Clay Station McCullough StationUniversity City
Station
Corporate Neighbors
Future Parking Expansion
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University City OverviewABOUT
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AccessConnect to 165 destinations worldwide via Charlotte-Douglas International Airport located a short 20-minute drive from University City. Connect to the CBD and UNC Charlotte 107 times per day by light rail. Connect in minutes to I-85, I-77 or I-485 to access the Charlotte region and its 1.9 million residents.
Attractions & AmenitiesUniversity City boasts NCAA Division-1 athletics, NC’s most popular shopping destinations, as well as over 100 theater productions and musical performances ranging from the largest touring acts in the U.S. to UNC Charlotte’s most talented artists.
LocationIt may be home to NC’s fastest growing University, Charlotte’s 2nd largest employment center and a 2,200-acre business park hosting Fortune 500’s, but it’s also 3 hours from the beach and 2 hours from the tallest mountains in the eastern U.S.
Weather & ClimateNo more snow shovels or extreme weather to contend with. The toughest part of your weekend will be deciding how to spend the afternoon outdoors in Charlotte’s 21,000+ acres of parks and 37+ miles of greenways.
TalentUniversity City is home to young talent and seasoned professionals. UNC Charlotte produces 6,000 graduates annually led by engineering, tech and health sciences, and the 28269 zip code in University City hosts a higher percentage of Uptown workers than any other.
HousingIn 2016, Charlotte Magazine recognized the 28269 zip code as a top zip code for investors, and the delivery of light rail has spawned a building boom that promises to further add to our broad spectrum of housing options.
University City: Tomorrow’s Urban CenterUniversity City is poised to begin a new chapter as the opening of Charlotte’s LYNX Blue Line Extension offers fast and convenient service connecting the central business district (CBD) to UNC Charlotte every ten minutes. University City’s four light rail stations are buzzing with energy as investors look to capitalize on infrastructure investments unparalleled by anytime in the area’s history.
We believe in the possibilities and so should you.
UNIVERSITY CITY OVERVIEW
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University City Highlights
Leader in value for high-tech software and service companies.– CBRE Tech Thirty
1st in tech talent growth among small growth markets. – CBRE Scoring Tech Talent
3rd in top tech hubs with the lowest cost of living.– Paysa.com
Home of NC’s fastest growing university, currently 30,000 students strong, anchored in engineering, health sciences and computer informatics.– UNC Charlotte
Over $1.5Bin infrastructure improvements in rapid transit, road and bicycle connectivity, greenways and streetscapes.
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DOING BUSINESS
It’s all about access and location This community thrives as Charlotte’s second largest employment center. Corporate campuses locate in the University Research Park for its state-of-the-art infrastructure, access to twelve miles of greenway and lush tree canopy. Engineering, finance, R&D and tech companies flourish from the pipeline of talent from UNC Charlotte.
This is why University City and northeast Charlotte shine on CBRE’s annual Tech-Thirty list as a leader in value for high-tech software and service companies.
75,000Employees
$650MCommercial Property Transactions2015-2016
23 Fortune 500 regional offices
3Headquarter locations
11M Square feet office space
150 Medical offices & services
9.5%Office vacancy
4.8M LEED certified square feet
FAST FACTS
6thLowest vacancy among all Tech-Thirty top submarkets
21stFastest rent growth from 2014–2016 among the nation’s top tech markets
#4 Hottest markets for tech professionals
22.9% Overall office job creation was in new tech jobs in Charlotte
Tech Center
UNIVERSITY CITY CHARLOT TE
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UNIVERSITY CITY OVERVIEW
Education
UNC CHARLOTTE
GRADES K - 12
28,700 Students
2Private K- 12schools
12Public K- 12 schools
6Charter / Magnetschools
2Early collegeschools
87 Bachelors, 70 Masters, 20 Doctoral Candidates
34.4% Enrollment increase in 10 years
61% of total growth in the UNC system since 2009
LIVE
Where smart people live University City offers easy living and extensive housing choices ranging from apartments and condos near transit to custom homes overlooking forests and greenway trails. Get out and about to the city’s most popular grocers and retailers, a broad selection of international cuisine options, and an abundance of medical services, college sports, concerts, and performing arts.
Regardless where you live in University City, expect more home, convenience and access for less.
2,178Multi-family units delivered or in the pipeline
6th Most moved-to neighborhood nationally
$250M In residential development
52% Household income over $75,000
29.5 Average median age
45,000 Homes
171,000 Area population
6thLargest “City” in North Carolina
FAST FACTS
227,600 Households are within a 15 minute drive of University City
Top 5 In 2016, Charlotte Magazine listed University City’s 28269 as one of 5 top zip codes for investors
28269More Uptown employees live in 28269 than in any other zip code
49%Increase in property values in 28269 since Spring 2012
1,368 Residential units in the pipeline
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University City Overview
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Home Rentals
Source: Real Data 2016
UNIVERSITY CITY
$1.44 CO S T P E R S F
1,079 AV E R AG E S F$1,551 AV E R AG E M O N T H LY
R E N T
NODA / PLAZA MIDWOOD
$1.54 CO S T P E R S F
910 AV E R AG E S F$1,402 AV E R AG E M O N T H LY
R E N T
CBD
$2.21 CO S T P E R S F
822 AV E R AG E S F$1,820 AV E R AG E M O N T H LY
R E N T
SOUTH END / DILWORTH
$1.79 CO S T P E R S F
860 AV E R AG E S F$1,537 AV E R AG E M O N T H LY
R E N T
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M I N U T E S
BY C A R
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M I N U T E S
BY C A R
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M I N U T E S
BY C A R
Home Size and Average Price
1,925 SFThe size of the average home
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UNIVERSITY CITY OVERVIEWEXPLORE
Explore, discover and get lost Experience nature, NCAA athletics, urban amenities and Charlotte’s best shopping inUniversity City. Connect to the city’s most popular venues for nightlife by light rail in minutes, saving the hassle and cost of parking. Spend an evening at UNC Charlotte or the PNC Pavilion for one of more than 100 event nights annually.
No matter your fancy, it’s a few minutes from your doorstep in University City.
$14 Average rate to park in CBD
#1 Most popular tourist destination in NC is Concord Mills
$0 To park in one of University City’s 2,000 parking spaces next to transit
17MAnnual visitors to Concord Mills
37% Premium for CBD hotels over University City’s competitive set
1.6MAnnual visitors to Ikea
$230M Annual local economic impact of Charlotte Motor Speedway
19,500 Seats in PNC Music Amphitheater
FAST FACTS
10Acre botanical garden at UNC Charlotte
3 Hours to the tallest mountains and best beaches in the eastern U.S.
310,000 Fans attend UNCC athletic events
737Acres to roam at Reedy Creek Nature Preserve
14.7 Miles of greenway
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University City Overview
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GET TING AROUND
2,264 Free public parking spaces adjacent to the LYNX Blue Line Extension (JW Clay Station & University City Station)
165 Non-stop destinations from CLT, a 20-minute drive from University City.
22.9M In bicycle & pedestrian connectivity improvements planned or under construction
8 Minutes to Concord Regional Airport
$170M In new transportation infrastructure
3 Major interstates: I-77, I-85 & I-485
107Light rail trains per day connecting to the CBD
19 Minute average commute time
FAST FACTS
University City connects to the world University City is one of the most easily traversed areas of Charlotte and the LYNX Blue Line now allows you to navigate within University City and beyond, 107 times a day. Bike paths will connect the northern edge of University City 26-miles south to Pineville by 2022.
No matter how you get here, come discover Charlotte’s next walkable, transit oriented community.
485
485
485
485
85
85
77
77
77
UNC CHARLOTTEMAIN
JWCLAY BLVD
MCCULLOUGH
UNIV CITY BLVD
TOM HUNTER
OLD CONCORD RD
SUGAR CREEK36TH ST
25TH ST
PARKWOOD
9TH ST7TH ST
3RD ST / CONVENTION CENTERSTONEWALL
CARSONBLAND
EAST/WEST BLVD
EAST/WEST BLVD
SCALEYBARK
WOODLAWN
TYVOLA
ARCHDALE
ARROWOOD
SHARON RD WEST
I-485/SOUTH BLVD
UNIVERSITYCITY
NODA
UPTOWN
SOUTH END
MALLARD CREEK & CLARK’S CREEK
GREENWAYS
MALLARDCREEK PARK
REEDYCREEKPARK
22Minutes to CBD from University City via LYNX Blue Line
5,000 Multifamily units constructed on LYNX Blue Line’s south corridor
17,000 Square feet of retail space at transit stations
10Minute headways for LYNX Blue Line Extension during peak travel times
$1.1BLYNX Blue Line Extension
$2.1B In private investment LYNX Blue Line’s south corridor
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UNIVERSITY CITY OVERVIEW
485
485
485
485
85
85
77
77
77
UNC CHARLOTTEMAIN
JWCLAY BLVD
MCCULLOUGH
UNIV CITY BLVD
TOM HUNTER
OLD CONCORD RD
SUGAR CREEK36TH ST
25TH ST
PARKWOOD
9TH ST7TH ST
3RD ST / CONVENTION CENTERSTONEWALL
CARSONBLAND
EAST/WEST BLVD
EAST/WEST BLVD
SCALEYBARK
WOODLAWN
TYVOLA
ARCHDALE
ARROWOOD
SHARON RD WEST
I-485/SOUTH BLVD
UNIVERSITYCITY
NODA
UPTOWN
SOUTH END
MALLARD CREEK & CLARK’S CREEK
GREENWAYS
MALLARDCREEK PARK
REEDYCREEKPARK
BLUE LINEO P E N E D N O V E M B E R 2007
9.6
M I L E S
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S TAT I O N S
16,700 R I D E R S
$1.4B I N I N V E S T M E N T S I N C E 2009
$3B I N P R I VAT E D E V E LO P M E N T 2007 - 2017
BLUE LINE EXTENSIONO P E N S M A R C H 2018
9.7
M I L E S
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S TAT I O N S
35,000 R I D E R S BY 2025
2,000 G A R AG E PA R K I N G S PAC E S
4 S TAT I O N S I N U N I V E R S I T Y C I T Y
R OA D S
PA R K S + G R E E N WAY S
LY N X B LU E L I N E
LY N X B LU E L I N E E X T E N S I O N
20 M I N U T E S
TO C H A R LOT T E
D O U G L A S
I N T E R N AT I O N A L
A I R P O R T
8 M I N U T E S
TO CO N CO R D
R E G I O N A L
A I R P O R T
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University City Overview
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JESSICA BROWN +1 704 887 3023 [email protected]
FOR LEASING INFORMATION CONTACT:
DAVID DORSCH +1 704 335 4441 [email protected]
Westcore Properties is a fully-integrated real estate company with institutional scale and capabilities that operates with the speed and adaptability of an opportunistic entrepreneurial commercial real estate firm. Founded in 2000, Westcore maintains offices in San Diego (HQ), San Francisco, Sacramento, Denver and Los Angeles. Westcore maintains affiliate offices in London, Geneva, Vienna and Berlin.
Our portfolio currently includes 58 assets, totaling 125 buildings, at over 12 million square feet across the United States.
Major Tenant relationships include:Wells Fargo, LG, Skechers, XPO Logistics, Amazon, Nike, AECOM, Honeywell, General Electric, State Farm, State of California, DaVita, Tesla, Goodman, TBC Corporation, Ross Dress for Less, Alibaba, BAE Systems, Home Depot, and Odwalla
www.westcore.net
About Westcore Properties