Growing Architectural Firm Moving Up

Clark Nexson Architecture & Engineering will be the first occupant of 1023 W. Morehead St., a 28,600-sf building where the firm is taking 7,500 sf. for five years. The estimated value of the lease is $750,000.

The former Carolina School Building, a 70-year-old converted asset, is the first in its market to achieve a $20 psf rent, according to Monty Ritchey of Conformity Corp., the building’s renovator. Trinity Partners negotiated the five-year lease directly with Ritchey

The 25-employee firm will move from 5,000 sf at 229 N. Church St. in November. Ritchey says an Atlanta law firm is taking another 10,000 sf. Further negotiations are under way for leasing up the entire building