Situation
- 300 S.Brevard was a fully-vacant 360,000-square-foot building available to lease with a goal to market the building as a headquarters opportunity. Built in 1995 for a single user, the building needed a full renovation and transformation to accommodate/attract companies of any industry. 300 South Brevard sat on a ground lease with Norfolk Southern, complicating a future disposition.
- Since taking over leasing, the market experienced approximately 4.5M square feet of new Class A office construction, which Stream had to compete with.