Jun
10

Durlach/Trinity to Develop Charleston Office Building

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trinity faberTrinity Capital Advisors has announced its latest development project: Faber Plaza, a Class-A office building in North Charleston’s Faber Place submarket. The Charlotte-based real estate development and investment firm is partnering with Charleston’s Durlach Associates on the project.

The 125,000 SF building is located at 4400 Leeds Avenue, at the entrance to The Executive Park at Faber Place and Leeds Park with immediate access to I-526 and I-26. Designed by award-winning LS3P Architects, Faber Plaza will be column-free with floor to ceiling glass. Construction will be complete in April 2016. Choate has been hired as general contractor. Rob Cochran and Jared Londry with DTZ’s Carolinas Capital Markets Group sourced the equity in the transaction on behalf of Durlach and Associates.

The Faber Place submarket is 95% leased, and currently home to several key businesses and organizations in the region, including The Charleston Chamber of Commerce, Charleston County Economic Development, Boeing, Regus, Pulte, Comcast, Lockheed, and Select Health.

Durlach Associates and Richard Morse of Palmetto Commercial Properties are marketing the building for lease. Trinity Capital and Durlach Associates are planning a groundbreaking ceremony for late July.

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    Categories : Charleston

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