Cousins buys Charlotte asset for $329M ($515psf) from Spectrum, Invesco JV; deal involves a 639,000-square-foot office campus

  • 11/8/2024

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Cousins Properties is under contract to purchase Vantage South End, a 639,000-square-foot office complex in Charlotte, N.C., for $328.5 million. The deal is expected to close next month and is subject to customary closing conditions.

A joint venture between Invesco Real Estate and The Spectrum Cos. currently owns the two-building property, according to CommercialEdge information.

The duo completed the campus in 2021 and 2022 with help from general contractor Rodgers Buildings and design firm LS3P Associates. Initial plans for the property also included an 11-story, 200-key boutique hotel.

The Spectrum Companies
Virginia Luther | Managing Director, Office, Chartlotte
Invesco Ltd. (NYSE: IVZ)
Chase Bolding, CFA | Lead Portfolio Manager, INREIT
Cousins Properties (NYSE: CUZ)
Grant Harrell | VP, Director-Charlotte

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