Hamilton EQ acquires Gateway Center in downtown Charlotte
Acquisition is the New York firm’s second in the Charlotte market this year
Charlotte, North Carolina – March 26, 2019 – Hamilton EQ, a multi-generational commercial real estate company based in New York City, has acquired downtown Charlotte’s Gateway Center.
Located at 901 W. Trade St. and part of Gateway Village, Gateway Center is home to respected tenants including Bank of America, Johnson & Wales, and ELS Education. Surrounded by downtown’s burgeoning restaurant, retail, and residential amenities and development, it’s next door to the DoubleTree hotel and offers immediate access to I-77, the city center, and is along the LYNX Gold Streetcar Line. The building totals 310,745 SF and is 10 and five stories, with the building’s five-story section wrapping around a courtyard.
This is Hamilton EQ’s second significant investment in Charlotte’s commercial real estate market. The firm acquired seven buildings totaling 368,871 SF in Parkway Plaza in Charlotte’s Airport submarket just off Yorkmont Road.
“We are very excited about making our second Charlotte purchase in 2019,” Malkiel Svei, Hamilton EQ COO, said. “This high-quality, institutionally-run asset will fit very nicely in our portfolio. We feel that the combination of our team and the Trinity leasing and marketing teams is laying a nice foundation for future growth in Charlotte.”
Gateway Center will be managed in-house by their own asset services team, Hamilton EQ Management, led by Matthew Sexton. The firm has hired Trinity Partners’ office leasing brokers, Jennifer Kurz and Chase Merkel to lease the property.
“Gateway Center is such a unique building for downtown Charlotte,” noted Kurz. “Ease of access is at the top of everyone’s list, and Gateway Center’s access is unmatched, since it’s just a block away from I-77. The glass-lines allow for plenty of natural light, and tenants have always enjoyed the courtyard and outdoor space, surrounded by the energy of Johnson & Wales and surrounding residential. I’ve had the opportunity to work on Gateway before for previous owners, and I’m looking forward to partnering with Malkiel and his team to put my experience with Gateway Center to work.”
About Hamilton EQ
Hamilton EQ, founded by Malkiel Svei and Pinny Borenstein, serves as the acquisition arm for Hamilton Equity Partners and its management arm, Hamilton EQ Management, is responsible for the day-to-day asset management and property management of the portfolio. Focusing on best-in-class high-end, well positioned office buildings throughout the United States, Hamilton EQ has recently been particularly focused on the Southeastern United States. With a current portfolio of 1.5 Million square feet stretching from Columbia, SC to Syracuse, N.Y. Hamilton EQ is poised for future growth.
About Trinity Partners
Trinity Partners is a full-service commercial real estate firm serving corporate users and institutional owners throughout the United States, with ten service lines ranging from landlord and tenant representation to property management and investment sales. They are known for our entrepreneurial spirit, best-in-class performance, and respected team of commercial real estate professionals, who are directly responsible for the company’s success and collaborative culture. The firm currently leases and/or manages over 20 million square feet of office, industrial, mixed-use, and retail space across the region through their four offices in Charlotte and Raleigh, North Carolina, and Columbia and Greenville, South Carolina.
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