440 South Church Is Ready To Make Some Noise

December 2, 2009

440 South Church will celebrate its Grand Opening on December 15, 2009 at noon in the lobby of the building, located at the corner of Church and 1st Streets in downtown Charlotte’s South Tryon Arts District.

A brief program will include remarks by Gary Chesson of Trinity Capital, Michael Smith of Center City Partners, and Anthony Foxx, Charlotte’s newly elected Mayor. Lunch will be served to invited guests after the program.

HDR Engineering has completed its move into 440 South Church, and GMAC has moved into the first of five floors it will occupy in the building. Trinity Partners will move into 440 South Church in mid-December. The building officially opens at 52% leased.

“We’re celebrating a number of things” says Gary Chesson, principal at Trinity Capital. “We plan to recognize the development team and partners that helped us deliver such a great building, on time and under budget, and we want to say thanks to our two primary anchor tenants, H DR and GMAC” Chesson adds. The building was jointly developed by Trinity Capital and Novare Group. Buchanan Street Partners was the developer’s institutional equity partner, and National Electrical Benefit Fund was the project’s lender. 440 South Church was designed by Smallwood Reynolds Architects, and was built by Bovis Lend Lease.

“We can’t wait to become a tenant in 440” says Peter Conway, principal at Trinity Partners. “The arts district, the amenities in the area and the new city park are going to transform this part of Third Ward into a new center of gravity for downtown Charlotte” says Conway.

Trinity Capital, with offices in Charlotte and Raleigh-Durham, is a private real estate investment company focused on providing superior risk adjusted returns and capital appreciation to its high net worth and institutional investor partners through selective development, acquisition and redevelopment of office, industrial and mixed use real estate throughout North and South Carolina. To date, Trinity Capital has acquired, developed or is currently developing a portfolio of office, industrial and mixed use properties totaling 2,8oo,ooo square feet with an aggregate cost of $251 million.