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Lincoln Property Company Markets Former Extended Stay Headquarters in Spartanburg

14 Oct 2011

Lincoln Property Company and Lincoln Harris have been selected to market and sell the former headquarters building for Extended Stay America, considered the finest building in the Greenville –Spartanburg region.  The 113,000-square-foot Class A office building is in the heart of downtown Spartanburg and anchors the city square at 100 Dunbar Street.

100 Dunbar StreetEarlier this year, Extended Stay America’s leadership elected to relocate the corporate headquarters to Charlotte, N.C. Collaborating with Lincoln’s sister company covering the Carolinas, Lincoln Harris represented the operating company of Extended Stay America in a new headquarters lease at the Everett Building in Ballantyne Corporate Park in south Charlotte.

Developed in 2003, 100 Dunbar Street incorporates elements of Greco-Roman architecture with tall arched entryways and an enlarged stone façade. The building is complemented by bronze statues, fountains and exquisite gardens which contribute to the project’s professional appeal. The property’s design and location in the epicenter of Spartanburg have attracted some of the most prestigious tenants in the market. The building is occupied by a mix of financial groups and prominent law firms including Morgan Stanley, Robert Half International, Parker Poe, Holcombe Bomar and Ford & Harrison.

“This is a really exceptional building and a unique opportunity in the Southeast market,” said Tony Bartlett, senior vice president at Lincoln. “The building is one-of-a-kind real estate and is ideal for a corporate user or an investor seeking an opportunistic investment.”

The award winning, five-story building is in excellent condition and 33 percent leased to five tenants. With the exception of the fourth floor, the 25,381-square-foot floor plates are multi-tenanted, providing flexibility in marketing to tenants of various sizes.