Interstate Corporate Center – Norfolk, Virginia

The Challenge

Interstate Corporate Center (ICC) is a Class B suburban office park that consists of 15 buildings, totaling 400,000 SF. It was 40% vacant and had
a negative reputation in the market for financial trouble and deffered
maintenance. New ownership hired CCP as the property and asset
management team, and we hired CBRE for leasing

Our Solutions

• + Re-branded the property with a new name and logo, in combination
  with the new management and leasing teams.
• + Created a Capital Plan that included new roofs, HVAC, renovated lobbies,
  updated parking lots, and new exterior painting.
• + Re-introduced the property to the market by hosting broker events at
  the newly renovated buildings. Property owners attended these events
  to meet the brokerage community.
• + Acted on pending lease renewals and strategically filled vacant space to
  allow for large blocks of space to become available.
• + Stabilized staffing and operations.
• + Conducted utility audits and made strategic repairs and upgrades.