Leasing momentum continues, led by the South End submarket
Charlotte recorded 1.2 million square feet (msf) of office leasing in Q4 2025, nearly double the five-year quarterly average and extending the momentum established earlier in the year. Five of the 10 largest transactions occurred in the Midtown/South End submarket, reinforcing its role as the market’s primary driver of leasing activity. Seven of the top 10 leases were signed in trophy buildings, highlighting continued preference for high-quality assets. Notably, three major transactions—Pamlico, EY and Pacific Life—were completed at The Queensbridge Collective, underscoring the project’s growing influence. Additional large commitments included AT&T’s 174,000-square-foot (sf) lease in the University/Northeast submarket and Scout Motors’ 143,903-sf lease in the East Charlotte submarket.