Investment firm to relocate from Metropolitan to 525 North Tryon building uptown

Private-equity firm Frontier Capital has leased the 19th floor of the 525 North Tryon building in uptown Charlotte and plans to relocate from the Metropolitan development in September. The long-term lease for 12,600 square feet is the first new deal this year in the building, which was acquired by Grubb Properties and New York Life Real Estate Investors in January for $60 million. “Grubb Properties and New York Life are very excited to have Frontier Capital as a tenant at 525 North Tryon,”…

Here’s how a real estate firm moved into new office space without the dreaded ‘ta-da’ moment

When CNL Commercial Real Estate Inc. recently relocated to its new office space in uptown Charlotte, Ken Loeber wanted to avoid what he calls a “ta-da” moment. CNL moved a couple weeks ago to the 25th floor of the 121 West Trade building from the Charlotte Plaza building, and Loeber, head of CNL’s real estate services business, sought to make the transition as smooth as possible. That meant involving CNL’s roughly 50 employees in the process, he told me in a recent interview, and avoiding…