Project Description

Property:
Wachovia Capitol Center
150 Fayetteville Street
Raleigh, NC 27601

Property Type: Retail/Office Building

Property Description: The subject property is a thirty-story, Class “A”, fully air-conditioned downtown office building. Construction is concrete with stress cables. The façade is spandrel glass with tinted reflective glazing and granite panels.

Ownership: ARI - Raleigh Capitol Center, LLC

Client: ARGUS Realty Investors, LP

Typical Floor Plate: 18,566

Total Square Footage: 544,482

Acquisition Date: January 31, 2007

Construction: Concrete and Stress Cable

Amenities: The building contains a fitness facility, conference room facilities, and a private white tablecloth dining and social club on the upper two floors. The first floor houses a full service banking facility, café-deli food service operation and a shoe repair shop.

Developer: Southwinds, LTD

Completion Date: June, 1990

Architect: Stevens & Wilkins

Mechanical Engineer: MECA Engineering

Structural Engineer: Stevens & Wilkins

General Contractor: McDevitt & Street

Elevators: Ten Otis high-speed elevators, four serving the lower tower (1-13), six serving the upper tower (13-39), with the 13th floor as the crossover floor. One hydraulic elevator serves the underground parking facility with service to and from the lobby.

HVAC System: Direct Digital Controls (DDC) on Variable Air Volume (VAV) boxes provide separate temperature controls for every 700 sf of floor space and are controlled via a central energy management system (EMS), thereby efficiently operating the building in a cost effective, energy saving manner.

Freight Elevator: One oversized freight elevator serves the entire building and loading dock.

Floor Load: 80 lb Combined live/dead load

Location: The building is located adjacent to the State Capitol along Fayetteville Street Mall, which runs south from the Capitol to the Raleigh Convention Center.

Management: Spectrum Properties Management Company

Locker Room Facilities: Yes

Security/Access Control: Yes, with 24-hour lobby attendant/security guard

Building Hours: 8:00 a.m. – 6:30 p.m., Monday through Friday and 8:00 a.m. - 12:00 p.m., Saturday

For Leasing Information Please Contact:
Jessica Brock or Jordan Betz