CHARLOTTE, N.C. — A warehouse in Charlotte’s North End will be converted into retail and office space by a Texas real estate firm new to the market.
[RELATED: Amazon warehouse culture like 'prison,' undercover author writes]
Tryon QOF LLC, affiliated with Austin-based Artesia Real Estate, purchased the 195,175-square-foot building at 1801 N. Tryon St. this week for $8.8 million, according to Mecklenburg County real estate records. The property, which dates back to the 1930s, has been the longtime home of the City North Business Center, a flex space that’s been home to hundreds of small businesses over the years.
The conversion of 1801 North Tryon is Artesia’s first project in Charlotte.
When construction work is complete at the building, it will contain 100,000 square feet of adaptive-reuse office space and 25,000 square feet of retail space, said Colin Brothers, principal at Artesia Real Estate.
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