Chiquita lease will give big boost to Charlotte’s office market

Posted on December 2, 2011 by - Charlotte, In the News, Office

Charlotte Business Journal
December 2, 2011

Trinity Capital Advisors and Rubenstein Partners are the big winners in the Chiquita Brands International relocation. But the banana company’s decision to move its corporate headquarters here is a positive sign even for those landlords who didn’t land the new tenant.

At a press conference this week announcing its relocation from Cincinnati, Chiquita confirmed it is negotiating to relocate its headquarters to NASCAR Plaza, the 19-story, 390,000-square-foot office tower at the corner of South Caldwell and East Stonewall streets. Trinity and Rubenstein purchased the building early in 2011, after it had fallen into foreclosure in late 2010. Chiquita is expected to lease 150,000 square feet at NASCAR Plaza, which lists 255,800 square feet as available.