| Acquisition Date: |
December 2005 |
| Project Size: |
339,000 square feet |
| Acquisition Cost: |
$30.9 million |
Acquisition Cost
per SF: |
$91 |
| Major Tenants: |
GM’s OnStar division, Duke Energy, EDS |
Deal Highlights:
This “critical environment facility” is located in the University submarket north of Charlotte. Tenants are provided with a location that is free from power outages because of the building’s critical infrastructure of generators and UPS systems. The facility appeals to major tenants that are concerned about interruptions to their operations. Mainstreet is currently renovating the facility as part of its management strategy.
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