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150 Fayetteville
Reference material by Wikipedia contributors. This retains its source identity and is not 411 news reporting.
February 2025
150 Fayetteville Wells Fargo Building Raleigh.JPG 150 Fayetteville In Downtown Raleigh. First Union Capitol Center, Wachovia Capitol Center, Wells Fargo Capitol Center June 1990 Fayetteville StreetRaleigh, North Carolina, United States 150 Fayetteville Street Raleigh, NC 27601 121.92 m ft onhttp://www.emporis.com/application/?nav=building&lng=3&id=wachoviacapitolcenter-raleigh-nc-usa https://web.archive.org/web/20121026050059/http://www.emporis.com/building/wachoviacapitolcenter-raleigh-nc-usa usurped October 26, 2012 Wachovia Capitol Center, Raleigh, U.S.A. Emporis 2010-09-23 30 544482 sqft m2 on Retail/Office Completed Stevens & Wilkins McDevitt & Street Highwoods Properties http://www.wellsfargocapitolcenter.com/building_description.cfm Project Description Spectrum Properties June 21, 2012
150 Fayetteville (formerly Wells Fargo Capitol Center, Wachovia Capitol Center and First Union Capitol Center) is a 30-story 121.92 m high-rise skyscraper at 150 Fayetteville Street in Raleigh, North Carolina with 544482 sqft m2 of space. Completed in 1990, it was one of the downtown Raleigh's two tallest buildings for nearly twenty years, and is currently third tallest.
History
alt=|thumb|171x171px|Wachovia now Wells Fargo at night
In 1999, DRA Advisors bought First Union Capitol Center.
After the merger of First Union and Wachovia, Wachovia moved out of its 11-story 110000 sqft m2 building built in 1961.Steve Cannon, "Wachovia's Departure from Raleigh, N.C., Building Adds to Downtown Emptiness," News & Observer, 2003-04-14.
On January 31, 2007, Argus Realty Investors LP of San Clemente, California paid $153.4 million for Wachovia Capitol Center and its parking deck, plus retail space across the street. The amount was the most ever paid for a Triangle office building. At the time, Wachovia occupied 105788 sqft m2, and other major tenants included Deloitte & Touche, PriceWaterhouse Coopers, Merrill Lynch, and KPMG, as well as the city's largest law firm Smith Anderson Blount.Jack Hagel, "Sale of Wachovia tower sets record," News & Observer, 2007-02-01.http://www.allbusiness.com/operations/facilities-commercial-real-estate/4419996-1.html Raleigh's Wachovia Capitol Center Sells for $154M to Argus Realty Kalinoski Gail Commercial Property News 2007-02-02 2010-09-23
As a result of six transactions, HighBrook Investors paid $42.74 million for 31.57 percent of Wells Fargo Capitol Center, whose ownership is a tenants in common structure. As of December 4, 2015, the building had 192181 sqft m2 of leasable space available, with 20451 sqft m2 more expected in 2016. Major tenants other than Wells Fargo included Brooks Pierce, Smith Anderson, BHDP Architecture and RM Source. Parker Poe had already left and Womble Carlyle Sandridge & Rice planned to move in 2016.http://www.newsobserver.com/news/business/real-estate-news/article50073180.html New York firm acquires stake in Raleigh's Wells Fargo tower Bracken David News & Observer 2015-12-16
See also
List of tallest buildings in Raleigh
References
External links
35.7787 -78.6396 region:US-NC_type:landmark title
Category:Skyscraper office buildings in Raleigh, North Carolina
Category:Wells Fargo buildings
Category:Office buildings completed in 1990