High Speed Internet Leader Relocating from Uptown Charlotte to 5,884-Square-Foot Space in Historic Gama Goat Building
ATCO Properties & Management, along with partner Shorenstein Properties, LLC, announced today that gigabit-speed internet provider Google Fiber has signed a 5,884-square-foot lease at Camp North End’s historic Gama Goat Building. This brings Camp North End’s current site-wide occupancy of delivered space to 73%.
Google Fiber will be located at 1801 N. Graham Street, Suite 300, in the northern section of the 140,000-square-foot building. With a 10-year lease, the company will relocate from its current space at the Philip Carey building in Uptown’s First Ward Park to Camp North End in early 2023.
Working with Alliance Architecture on the design, the build-to-suit space will serve as Google Fiber’s Charlotte office and community engagement center and benefit from the building’s high ceilings, clearstory windows and timber trusses.
The deal builds on ATCO’s recent commercial leasing momentum at the Gama Goat Building, which secured a 16,000-square-foot lease with Charlotte-based Kingsmen Software in August. Camp North End is also home to additional commercial tenants including Centene Corporation, Ally Financial, AON, CloudGenera and more.
“We’re thrilled to welcome a tenant of Google Fiber’s caliber to our growing community of innovation-forward, technology-focused businesses at Camp North End,” said Tommy Mann, Development Director at Camp North End. “The renovated Gama Goat Building has proven to be a unique opportunity for companies seeking best-in-class office space in an adaptive re-use setting with a thriving community of food, beverage and retail businesses at their employee’s fingertips.”
The Gama Goat Building’s grand opening took place in the summer of 2020, following a major redevelopment led by ATCO and Shorenstein, along with design architect S9 Architecture, local production architect BB+M Architecture and civil engineer/landscape architect LandDesign. Today the property features unique interior passageways that enhance connectivity between North Graham and the interior of the site. In the late 1960s, the industrial structure was used by the U.S. Army to assemble Gama Goat military vehicles.
Neighboring tenants in the Keswick District include Junior Achievement of Central Carolinas, Rent EBoards Charlotte, YVY Fitness, Windy O’Connor Art + Home, and food stalls Bleu Barn North End, La Caseta, Plant Joy, and SARU.
Google Fiber was represented by John Christenbury of CBRE. Building ownership was represented by Jessica Brown and David Dorsch of Cushman & Wakefield. Swinerton is serving as the general contractor for the space.
About Camp North End
Developed by ATCO Properties & Management, Camp North End is a state-of-the-art creative development that is being designed and curated to cater to today’s most innovative and cutting-edge companies in Charlotte’s up-and-coming North End Smart District. Select Camp North End buildings are being jointly developed by ATCO and Shorenstein Properties, LLC.
As one of the largest adaptive reuse projects currently underway in the U.S., the project is transforming a historic 76-acre site where people once manufactured Model T cars and assembled US Army missiles into a catalytic hub of creativity and ideas.
With over 300,000 square feet of space already redeveloped for work, artistic expression, dining and hospitality, entertainment, recreation, and community building, and another 1.5 million square feet on the way, Camp North End’s curated development will drive growth for the businesses that join its community.
For more information about Camp North End, visit the official Camp North End website at https://camp.nc/ or follow along on Facebook, Instagram, Twitter, and LinkedIn at @campnorthend.
About ATCO
ATCO is a real estate investment and ownership platform deploying capital in select cities across the United States, with a particular emphasis on creating value through placemaking and other strategies in urban locations. ATCO seeks to improve people’s lives by creating places where they genuinely want to work, play, or live, and by doing our work with a long-term perspective.
Through eight decades and four generations, ATCO has owned, managed, and developed a diverse real estate portfolio, primarily in and around New York City and also in select markets we target. ATCO presently owns and manages more than 25 buildings ranging from high-rise office and residential towers to retail properties, from one-story industrial structures to a mixed-use former military base. The portfolio of New York City properties includes: 555 Fifth Avenue, 40 Central Park South, 41 West 58th Street, 630 Third Avenue, 381 and 373 Park Avenue South, 515 Madison Avenue and the Atlas Terminals. Nationally, the company owns properties in Charlotte and Chapel Hill, NC; Austin, Texas; Indianapolis, Indiana; Darien, Stamford and Westport, Connecticut. Internationally, ATCO has investments in seven European countries.
About Shorenstein Properties LLC
Founded in 1924, Shorenstein Properties LLC is a privately-owned, real estate firm that owns and operates high-quality office, residential and mixed-use properties across the U.S., with offices in San Francisco and New York. Since 1992, Shorenstein has sponsored twelve closed-end investment funds with total equity commitments of $8.8 billion, of which Shorenstein committed $723.5 million. The firm uses its integrated investment and operating capabilities to take advantage of opportunities that, at the particular time in the investment cycle, offer the most attractive returns. Investments have included ground-up developments, asset repositioning and stabilized assets; investment structures have included asset acquisitions, mezzanine loans, preferred equity investments and structured joint ventures. These funds have invested in properties totaling 67 million square feet in transactions with a gross investment value in excess of $16 billion.
