(CHARLOTTE) -- Trinity Capital Advisors has purchased the debt and equity interest in NASCAR Plaza in uptown Charlotte. The 393,000 square foot office building connects to the NASCAR Hall of Fame complex.
Trinity Capital, in a joint venture with Rubenstein Partners, a Philadelphia based, real estate fund manager is expected to bring a well capitalized ownership that will enable NASCAR Plaza to effectively compete for tenants. The NASCAR Plaza is a Class-A office building in the heart of Charlotte's central business district (CBD).
"NASCAR Plaza is a true Class-A asset that is perfectly positioned to compete for both CBD and suburban Charlotte tenants, as well as corporate relocations to the metropolitan area," said Walker Collier, Managing Director of Trinity Capital.
"This asset is located in a part of town that is directly in the path future growth, and enjoys phenomenal access that is unmatched in Uptown," added Sean McKinley, Director of Trinity Capital.
NASCAR Plaza was designed by Pei Cobb Freed & Partners, famous for more than 200 world renowned projects such as the expanded Louvre in Paris, the Rock and Roll Hall of Fame in Cleveland and the John Hancock Tower in Boston. The facility has achieved Leadership in Energy and Environmental Design silver certification from the U.S. Green Building Council.
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