Uptown Charlotte’s towering One South office building just scored a much-needed win. The 40-story tower at Trade and Tryon has landed four new companies and an expansion from an existing tenant, filling roughly 40,000 square feet and nudging the skyscraper’s occupancy closer to the mid-80 percent range. The leases, handled by Trinity Partners, are a reminder that well-located, amenity-packed offices can still draw interest even as the broader market tries to find its footing.
New Leases And The Numbers
Trinity Partners brokered about 40,000 square feet in fresh leases and tenant expansions at One South, bringing in four new companies plus one growing tenant, according to the Charlotte Business Journal. Once those deals are fully occupied, the 40-story tower is expected to sit in the mid-80 percent range for overall occupancy, the outlet reported.
The Building And Its Amenities
Marketed as a Class A workplace, One South stands 40 stories tall at 101 South Tryon Street and leans heavily into a hospitality-style experience to keep workers on site. The property features a dedicated amenity level, a 30,000 square foot fitness club and the ability to carve out large, contiguous blocks of space for big users, according to the One South building page.
Why It Matters For Uptown
The leasing burst lands in a market that is still working through a serious hangover from the pandemic era. Uptown vacancy remains higher than it was before Covid, and owners have been racing to upgrade and reposition older towers to stay competitive, as local reporting has detailed. Office vacancy across Uptown has been pegged at around 21 percent, leaving millions of square feet that still need a new story and, ideally, new tenants. WFAE has outlined that pressure and the broader city context.
"Trimont’s commitment to One South speaks volumes about the caliber of workplace ownership has created," Rhea Greene, managing partner at Trinity Partners, said in remarks touting recent leasing progress. Trinity Partners has frequently pointed to One South’s amenity investments as a key selling point.
What To Watch
Even with the latest signings on the books, One South is not yet full. The building still has several full floors and a variety of mid-floor suites on the market. Its online listings show options that range from smaller individual suites up to nearly full-floor opportunities, and brokers expect landlords to keep promoting trophy Uptown space to firms looking to either consolidate operations or stretch out a bit. The One South website details floor-by-floor availability and leasing contacts for would-be tenants.
