Hearst Corporation | Charlotte, NC | 205,000 square feet

BC Urban was retained by New York City-based Hearst Corporation, the magazine publisher and co-owner of ESPN Network, to identify and negotiate a new location for their headquarters in the Southeast. We negotiated a 15-year lease of 205,000 square feet in a new 52-story high-rise in downtown Charlotte, with Hearst Corporation as the lead tenant and the tower bearing their name: Hearst Tower. the lease included numerous clauses for built-in flexibility to allow Hearst to grow within the building. This outstanding result for our client was the result of more than four years of diligent effort on our part, which included 21 trips to Charlotte or New York and 4,000 phone or conference calls.