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CHARLOTTE, N.C. — Atlanta-based office REIT Cousins Properties is under contract to acquire Vantage South End, a lifestyle office development in Charlotte’s South End neighborhood spanning 639,000 square feet. The Spectrum Cos. and Invesco sold the two-tower property in an off-market transaction for $328.5 million.
Built in 2021 and 2022, Vantage South End was 97 percent leased at the time of sale to tenants with a weighted average lease term (WALT) exceeding nine years. Tenants include CBRE, Lending Tree and Grant Thornton, among others.