Transamerica Life | Charlotte, NC | 175,000 square feet
Brian Campbell was retained by Transamerica Life to conduct a national analysis of the possible relocation of approximately 1,000 employees from downtown Los Angeles, CA. We initially negotiated a lease for two floors at the Bank of America headquarters building in Charlotte, NC for the advance group with an early termination clause. We later negotiated a new 15-year 175,000 square foot lease BTS with an option to purchase in the newly built Transamerica Square. The purchase option was unique in that it allowed Transamerica to purchase the entire 45,000 square foot project at its original construction cost, with no CPI or other escalations at anytime during the potential 30 year term of the original lease and renewal options.