Hired in 2016 to lease the Charlotte Cotton Mill, the city’s most historic creative office project. Despite 100% occupancy at the time, modest rental rates were producing weak cash flow for the local owner/investor.

With the majority of leases expiring in the short term, Eagle was hired to dramatically improve average rents by negotiating strong renewal terms with existing tenants or by securing new tenants

Increased rents by 40% and cash flow by 55% over 24 months. Pleased with the results, the owner hired Eagle to market the property for sale. Eagle quickly procured an off-market buyer at near-record pricing for office condos in the Charlotte market. Eagle’s client purchased the property for $3.2M in 2014 and sold for $6.1M in 2018.