Updated Oct 8, 2026
Colin Connolly Of Cousins Properties Leases 126,670 Square Feet To Brian Kahn Of McGuireWoods
201 North Tryon Street
Building Size
126,670 SF
Asset Type
Office
Closing
Oct 7, 2026
About this deal
AI
The property asset involved in this lease is an office located at 201 North Tryon Street, Charlotte, NC, encompassing a total square footage of 126,670. The property is owned by Cousins Properties.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Landlord: Colin Connolly - Cousins Properties
- Tenant: Brian Kahn - McGuireWoods
- Lease Terms: 15-year
The deal features Colin Connolly representing the landlord and Brian Kahn representing the tenant, McGuireWoods. Notably, McGuireWoods is set to renovate its office space with enhanced finishes and improved collaborative environments, focusing on the firm's top six floors. The phased renovation includes a reimagined 30th-floor client amenity and outdoor area, with completion anticipated by the end of 2027.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93