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From Warehouse to Workspace to Now What?

Following Unlucky Office Conversion, New Buyer Places $15M Bet on ‘Eatertainment’
The Foundation Supply East adaptive reuse project in Charlotte, North Carolina. (CoStar)
The Foundation Supply East adaptive reuse project in Charlotte, North Carolina. (CoStar)

When a Texas developer converted 200,000 square feet of Charlotte, North Carolina, flex space into a sprawling boutique office campus in 2018, the market seemed promising. But if the sector's current climate is any hint, the timing meant that the project never leased. So, what’s next for a warehouse that was made into an office that now awaits a new use?

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