Commercial Real Estate in University City

Office Space

University City’s business centers offer direct access to UNC Charlotte, remarkable office environments with superior utility and fiber infrastructure, and robust road, highway and transit connectivity.

With 11 million square feet of office space, University City has evolved to showcase concentrations of businesses in energy, healthcare, technology, and back office.

It is home to several of the region’s largest employers including Wells Fargo, TIAA-CREF, Duke Energy, Allstate, AON Hewitt, UNC Charlotte, and Carolinas HealthCare System University Hospital. Over 20 Fortune 500 companies have recognized regional offices in the University City area. Business is booming in University City as industry stalwarts have remained and new companies have arrived. View our major employers.

2nd

11

4.5

Largest Employment Center in CLT

Million Sq Ft Office Space

Million Sq Ft LEED Office Space

5.8

23

3

Million Sq Ft Owner Tenanted Space

Fortune 500 Companies

Headquarter Locations


Retail Space

From international giants like IKEA to small, owner-operated stores, University City is home to 430 retail locations and more than 30 retail centers. University City’s retail environment caters to business and residential needs—with great potential for growth. The existing residential population of 171,000 (within a 50 square-mile area) is projected to grow as new housing is envisioned along the light rail corridor. University City’s 75,000 daytime workforce is also expected to grow with Charlotte’s exploding population boom (71% growth by 2025). Our busy hotels record 825,000 hotel room nights each year. And our growing university has 32,000 students, faculty and staff at its University City campus.

130

430

17

Restaurants

Retail Locations

Hotels

30

1st

2,100

Shopping Destinations

in NC Tourism  – Concord Mills

Hotel Rooms


Medical Office Space

University City’s built environment and density of existing medical business make this market ideal for industry growth. University City is centrally located within the region, easily accessible by road, highway and transit and offers ideal, highly visible office space locations. CHS University Hospital has anchored the healthcare market in University City for decades. CHS recently added a Radiation Therapy Center ($10 million expansion), one of 13 in the region. Most of the medical office space is within 2 miles of the CHS University Hospital and includes medical office buildings, physician group practice clinics, rehabilitation facilities, therapy centers, laboratories, biotech research facilities, and urgent/emergency care centers.

150

1.3

300,000

Medical Service Businesses

Million Sq Ft Medical Office Space

Sq Ft Full Service CHS Hospital

11,000

30,000

171,000

Sq Ft CHS Radiation Therapy Center

Sq Ft OrthoCarolina Surgery Center

University City Residents

Properties for Sale in University City


“We are excited about the growth opportunities created by the ever-increasing vibrancy of University City. The number of new businesses and workers moving into the market area, along with the excitement of the light rail, is creating new energy in the retail market.”

– Shannon Dixon, EVP of Asset Management, Development & Leasing, Casto


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