Charlotte Office Q1 2022 Market Overview
Demand in Charlotte remains strong as 781,000 SF of new leasing activity occurred in the first quarter. The majority of leasing activity occurred in Charlotte's largest submarket, the Airport. We continued to see a flight to quality in the CBD and SouthEnd submarkets such as leases by Alston & Bird for 55,312 SF and Armstrong Transportation for 27,172 SF, both in new Class A buildings.