Four New Tenants Join Expanding DCC Tenants for More than 20,000 Square Feet Leased
CHARLOTTE, NC— The Design Center of the Carolinas is enjoying a healthy rebound in occupancy as four new tenants have leased space and two have expanded in the historic South End office complex. Owner Ram Realty Services announces the addition of Resolution Media, Core States Group, The Charlotte Chess Center & Scholastic Academy and All Nations Coffee. At the same time, existing tenants Balfour Beatty and ettain group are expanding.
The gathering place for creativity and an inspiring environment for innovative businesses, the Design Center (DCC) is the symbolic heart of South End with its iconic water tower. Peter Katz, CCIM of Coldwell Banker Commercial MECA represented DCC in all of these transactions.
The Design Center is a three-building complex, of which two are historic. Resolution Media has leased 9,259 SF in the Plaza Building. An Omnicom Media Group company, Resolution is a digital marketing agency and one of the largest search agencies in the world. The company manages more than $1.2B in media investments, with more than 600 specialists in 60+ offices worldwide. Resolution’s international network delivers digitally-integrated, full-service solutions in the areas of search, social, local, mobile, behavioral and content marketing. Resolution Media was represented in the transaction by David Dorsch of Cassidy Turley.
Also joining the Design Center family, Core States Group has leased 2,525 SF in the Courtyard Building. Core is a fully integrated engineering, architecture, and project management firm known for its ability to tackle tough project challenges on a regional and national basis. Tom O’Brien of Cresa’s Charlotte office represented the tenant in the transaction.
The Charlotte Chess Center & Scholastic Academy (CCCSA) is leasing 2,053 SF. The newly founded CCCSA serves as a place where members of all ages and skill levels can learn and enjoy the royal game of chess. The CCCSA also sells basic chess supplies and has an open library of over 200 books. The CCCSA serves as an educational hub for chess in the Charlotte area, offering programs year ‘round.
All Nations Coffee has opened a 500 SF coffee shop in the Courtyard Building lobby, providing artisan-roasted Fair Trade Coffee to tenants and the general public. Balfour Beatty and ettain group have added an additional 6,030 SF to their existing presence at the Design Center. Balfour Beatty is a major national construction firm and ettain is a staffing and consulting group specializing in information technology.
“The announcement of these leases represents the most significant multi-tenant growth in DCC’s occupancy since 2010,” said Phil Heath, vice president of asset management. “Ram has a long-term commitment to the Charlotte market and this level of interest further validates our confidence in the improvement of the local office market and the continued desirability of DCC as the office hub for forward-thinking businesses.”