North Carpenter Street Office Building Listed

A massive 100K+ sq ft office building on North Carpenter Street, completed in 2020 and now hitting the market with big brokers, is up for grabs after a $43M loan matured — with the original lender reportedly helping push it. Mostly leased at 78% occupancy, it’s home to a logistics software giant (who subleased to an AI firm) and a failed jazz club. Nearby competition looms: a rival office tower across the street is losing tenants, while a major tech firm may relocate downtown. The developer, who recently faced foreclosure on another office property, has rebounded with a successful luxury residential project after years of delays. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c2b9f5fffa49f04e