Charlotte, NC Office Overview
The Charlotte office market includes the Charlotte Downtown, Eagle Lake, and Dilworth submarkets. With a metropolitan population of over 2.4 million people the economy in the metro area is driven by the financial services, motorsports, and energy industries, resulting in a dynamic demand for while collar office space in Charlotte.
As of mid-2017 the Greater Charlotte office market encompasses nearly 55 million square feet of existing office space in properties larger than 50,000 square feet. Charlotte is the largest city in North Carolina and has been recognized as one of the country's fastest growing metropolitan areas, generating a strong demand for Class A office space.
Charlotte, NC Office Inventory Description
Charlotte is known as a major financial center in the U.S. and is the second-largest banking center in the country after New York City. With a gross metropolitan product of $132 billion there is consistently strong demand for white collar office employment. Nearly 65% of the office space in Charlotte is Class A or A+, with Class B office inventory adding another 34% of office inventory to the Charlotte commercial real estate market.
The Fourth Ward office submarket in Charlotte is home to some of the most prestigious Class A office space in the city. Strategically centered between Johnson & Wales University, Comerica Stadium, I-277 and the Charlotte Transportation and Convention Centers, this office market is home to trophy office property such as the Fifth Third Center and the Ally Center office buildings.
Top 10 Largest Office Buildings
in Charlotte
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Wells Fargo Customer Information Center | 1525 West W. T. Harris Blvd, 28262 | 1,438,995 | 1996 |
| Duke Energy Center | 550 South Tryon Street, 28202 | 1,340,146 | 2009 |
| One Bank of America Center | 150 North College Street, 28202 | 1,254,293 | 2010 |
| Bank of America Corporate Center | 100 North Tryon Street, 28202 | 1,143,752 | 1990 |
| Charlotte Metro Tower | 509 South Tryon Street, 28202 | 1,025,000 | 2022 |
| 526 South Church Street | 526 South Church Street, 28202 | 1,020,072 | 1975 |
| One Wells Fargo Center | 301 South College Street, 28202 | 981,678 | 1988 |
| Hearst Tower | 214 North Tryon Street, 28202 | 970,002 | 2001 |
| Three Wells Fargo Center | 401 South Tryon Street, 28202 | 930,733 | 1999 |
| Bank of America Plaza | 101 South Tryon Street, 28280 | 891,000 | 1973 |
Most Recently-Built Office Buildings
in Charlotte
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| CPI Security Headquarters | 4300 Sandy Porter Road, 28273 | 120,000 | 2018 |
| One Silver Crescent | 2645 Silver Crescent Drive, 28273 | 120,000 | 2018 |
| The Edison at Arrowood | 7910 Microsoft Way, 28273 | 120,000 | 2018 |
| 300 West Summit | 300 West Summit Avenue, 28203 | 64,000 | 2018 |
| Marvin Crossing | 16817 Marvin Road, 28227 | 29,070 | 2018 |
| 300 South Tryon | 300 South Tryon Street, 28202 | 652,685 | 2017 |
| 615 South College | 615 South College Street, 28202 | 378,643 | 2017 |
| Ballantyne Corporate Park - Brigham Building | 11625 North Community House Road, 28277 | 287,507 | 2017 |
| Capitol Towers - North Office Tower | 4250 Congress Street, 28209 | 245,051 | 2017 |
| AvidXchange Headquarters | 1210 AvidXchange Lane, 28206 | 201,450 | 2017 |
Charlotte, NC Green Office Space
While not yet ranking in the Top 30 Green Office Markets in the U.S., green office space in Charlotte is growing, with numerous LEED certified projects scattered throughout the metropolitan area.
The Duke Energy Center Building at 550 South Tyron Street in Charlotte is a prime example of green Class A office property. Constructed in 2009 this 1.3 million square foot office building was the first high-rise office building to be awarded the prestigious LEED Platinum certification.
The National Green Building Adoption Index for 2017 surveyed office buildings in the 30 largest U.S. markets and found that the percentage of green certified building has increased from less than 5% in 2005 to approximately 38% as of mid-2017.
Charlotte, NC's Top Office-Using Sectors
The financial services, energy, motorsports and numerous Fortune 500 companies all combine to create powerful demand for Class A office space and commercial real estate in Charlotte, NC.
Charlotte Demographics
Population
- Total Population826,060
- Male Population(47.9 %) 395,854
- Female Population(52.1 %) 430,206
- Median Age33.90
Income/Financial
- Average Household Income$87,226
- Median Household Income$58,202
- Median Income Under 25$28,897
- Median Income 25-44$61,551
- Median Income 45-64$67,850
- Median Income Over 65$43,120
- Arbor Hills Demographics
- Ballantyne Demographics
- Barclay Downs Demographics
- Beverly Woods Demographics
- Carmel Demographics
- Charlotte Douglas International Airport Demographics
- Clanton Park - Roseland Demographics
- Dilworth Demographics
- Eagle Lake Demographics
- East Forest Demographics
- Elizabeth Demographics
- Foxcroft Demographics
- McAlpine Demographics
- Mineral Springs - Rumble Road Demographics
- Montclaire - Madison Park Demographics
- Montclaire South Demographics
- Myers Park Demographics
- North Sharon Amity - Reddman Road Demographics
- Northlake Demographics
- Olde Whitehall Demographics
- Park Crossing Demographics
- Prosperity Church Road Demographics
- The South End Demographics
- Uptown Charlotte Demographics
- Wendover - Sedgewood Demographics
- Whiteoak Demographics
- Wilmore Demographics
- Yorkmount Demographics
News
2019 US Office Pipeline – NYC, the Bay Area and San Francisco Set to Deliver 33 MSF of Office Space
April 10, 2019
Since 2009, the U.S. economy has had more than 110 consecutive months of growth, making this the second longest economic expansion since the Great Depression. After a rather tepid 2017 performance, the U.S. office market gathered some steam in 2018, adding 76 million square feet of new office sp...
Your Work Week Could Be 10 Hours Shorter in Dallas or Houston – What’s it Like to Live and Work as a Freelancer in These US Cities?
November 27, 2018
Highlights: Working a 29-Hour Week in KCMO Will Get Your Very Own Private Office Want to Be a Freelancer in Silicon Valley? You’d Better Start Looking for a Roommate Average-Earning Freelancers Would Need to Work 79 Hours per Week to Support Themselves in Boston Customize expenses and working ho...
2018 Office Check-In: Top US Markets for Development, Largest Projects of the Year
September 20, 2018
We’re almost halfway through H2 2018, and it’s high time to check up on construction activity, as well as the state of the U.S. office pipeline when compared to previous analyses. Last year around the same time, we looked at top U.S. cities for office delivery during the fall-winter season, and ...
Cities near Charlotte, NC
- Belmont Office Space
- Concord Office Space
- Cornelius Office Space
- Davidson Office Space
- Fort Mill Office Space
- Fort Mill Town Office Space
- Harrisburg Office Space
- Huntersville Office Space
- Matthews Office Space
- Matthews Town Office Space
- Mint Hill Office Space
- Pineville Office Space
- Waxhaw Office Space
- Weddington Office Space
- + More - Less
Charlotte, NC zip codes
- 28202 Office Space
- 28203 Office Space
- 28204 Office Space
- 28205 Office Space
- 28206 Office Space
- 28207 Office Space
- 28208 Office Space
- 28209 Office Space
- 28210 Office Space
- 28211 Office Space
- 28212 Office Space
- 28213 Office Space
- 28215 Office Space
- 28216 Office Space
- 28217 Office Space
- 28226 Office Space
- 28227 Office Space
- 28244 Office Space
- 28262 Office Space
- 28269 Office Space
- 28270 Office Space
- 28273 Office Space
- 28277 Office Space
- 28278 Office Space
- 28280 Office Space
- 28282 Office Space
- + More - Less
Neighborhoods
- Arbor Hills Office Space
- Ballantyne Office Space
- Barclay Downs Office Space
- Beverly Woods Office Space
- Carmel Office Space
- Charlotte Douglas International Airport Office Space
- Clanton Park - Roseland Office Space
- Dilworth Office Space
- Eagle Lake Office Space
- East Forest Office Space
- Elizabeth Office Space
- Foxcroft Office Space
- McAlpine Office Space
- Mineral Springs - Rumble Road Office Space
- Montclaire - Madison Park Office Space
- Montclaire South Office Space
- Myers Park Office Space
- North Sharon Amity - Reddman Road Office Space
- Northlake Office Space
- Olde Whitehall Office Space
- Park Crossing Office Space
- Prosperity Church Road Office Space
- Provincetowne Office Space
- The South End Office Space
- Uptown Charlotte Office Space
- Wendover - Sedgewood Office Space
- Whiteoak Office Space
- Wilmore Office Space
- York Road Office Space
- Yorkmount Office Space
- + More - Less
Cities near Charlotte, NC
- Belmont Commercial Real Estate
- Concord Commercial Real Estate
- Cornelius Commercial Real Estate
- Davidson Commercial Real Estate
- Fort Mill Commercial Real Estate
- Fort Mill Town Commercial Real Estate
- Harrisburg Commercial Real Estate
- Huntersville Commercial Real Estate
- Matthews Commercial Real Estate
- Matthews Town Commercial Real Estate
- Mint Hill Commercial Real Estate
- Pineville Commercial Real Estate
- Tega Cay Commercial Real Estate
- Waxhaw Commercial Real Estate
- Weddington Commercial Real Estate
- + More - Less