Trinity Capital Advisors buys NASCAR Plaza
Published: January 13, 2011
Time posted: 2:07 pm
Tags: NASCAR Plaza, Rubenstein Partners, Trinity Capital Advisors
Charlotte-based Trinity Capital Advisors said today that it has purchased NASCAR Plaza in uptown.
A press release did not provide the purchase price.
Trinity, a real estate investment and development company, said it has purchased the debt and equity interest in the 19-story, 393,000-square-foot Class A office building, the majority of which is void of tenants.
Trinity said its joint venture with Philadelphia-based Rubenstein Partners, a real estate fund manager, will provide a “well-capitalized ownership that will enable NASCAR Plaza to effectively compete for tenants.”
The building is connected to the NASCAR Hall of Fame, which opened last year.
It has Leadership in Energy and Environmental Design silver certification from the U.S. Green Building Council.