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6800@URP | 6800 SOLECTRON DRIVE CHARLOTTE, NC

6800@URP | 6800 SOLECTRON DRIVE · 1 6800@URP | 6800 SOLECTRON DRIVE CHARLOTTE, NC. 1 A Vision Created With You In Mind Charlotte, North Carolina Originally designed to IBM’s highest

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    6800@URP | 6800 S O L ECTRO N D RI V E CHA RLOTTE , NC

  • 1

    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

  • 2

    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

  • 3

    Availability

    POTENTIAL

    * Stated SF numbers are to be verified

    94,675 SF

    80,355 SF80,355 SF

    78,055 SF

    120,166 SF

  • 4

    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

  • 5

    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

  • 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

  • 7

    Parking

    PARKING - 2,060 PARKING SPACES 4.6/1,000 SF

    SOLECTRON DRIVE IBM

    DR

    IVE

    NEW MONUMENT SIGN

  • 8

    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

    IVE

    NEW MONUMENT SIGN

  • 10

    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

  • 10

    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

  • 12

    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

  • 12

    University City OverviewABOUT

    1

    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

    22

    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.

  • 13

    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

    3

    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

    5

    University City Overview

  • 14

    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

    12

    M I N U T E S

    BY C A R

    10

    M I N U T E S

    BY C A R

    8

    M I N U T E S

    BY C A R

    Home Size and Average Price

    1,925 SFThe size of the average home

    6

    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

    7

    University City Overview

  • 15

    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

    9

    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

    15

    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

    11

    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

    10

    University City Overview

  • 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