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Atlanta & Southeast  + Carolinas + Charlotte  + Office  | 
Childress Klein has purchased Esplanade at Southpark from LRC Properties for $31 million

Childress Klein Buys Charlotte’s Esplanade at Southpark for $31M

Childress Klein has purchased Esplanade at Southpark from LRC Properties for $31 million. The transaction was brokered by CBRE’s Patrick Gildea, Rob Hardaway, Grayson Hawkins, and Matt Smith. 

LRC Properties and joint venture partner Highbrook Capital Management previously acquired the 202,000-square-foot four-story tower at 2101 Rexford Road for more than $25 million in 2014. Tenants include Ally Financial, Experian Americas, and Lowery Insurance.

The Class B building was constructed in 1981 on more than 10 acres. The Childress Klein portfolio also includes the neighboring five-story, 73,416-square-foot building at 2115 Rexford Road. 

“(We are) excited to extend our joint venture relationship with Gottesman in the SouthPark submarket with the acquisition of the Esplanade office building,” said Scott Wilson, Childress Klein division partner, office. “The asset is situated adjacent to our existing Rexford office asset, and we look forward to a long term investment in the vibrant and attractive SouthPark submarket.”

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About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

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