Charlotte, N.C., July 16, 2018 —The Nexus, a six-story creative office building within the Waverly community in south Charlotte, has reached its midway point of construction. On Tuesday, July 17, at 11 a.m., joint venture partners Childress Klein, Crosland Southeast and the B. Frank Matthews II family will hold a topping-out ceremony for The Nexus at The Porter’s House restaurant in Waverly.

The Nexus will total 154,000 square feet and is the second creative office building at Waverly, a mixed-use development just south of Interstate 485 at the intersection of Providence and Ardrey Kell roads. The first six-story office building at Waverly, The Hub, is LEED certified and offers a reimagined work environment designed for collaboration and creativity, anchored within a vibrant, walkable community. The Hub is home to the global corporate headquarters of NN Inc. as well as the headquarters of Tokai Carbon USA and Horizon Investments. It is also home to regional offices for Axene Health Partners and Esri, among others.  The Hub has one floor of available space remaining.

Childress Klein began construction on The Nexus in March, and the building is expected to deliver in April 2019. The Nexus will feature exposed ceilings, interior spaces built for collaboration, contemporary finishes and music in all common areas, a covered parking deck with a glass “jewel box” grand stair, electric car charging stations, bike storage, outdoor meeting space with Wi-Fi, and a connection to Waverly’s nearby park, The Yard. Childress Klein is seeking LEED certification for the building.

The Remi Group, a winner of the Charlotte Business Journal’s “Best Places to Work” award and ranked by Inc. Magazine as one of the fastest-growing private companies in America, has leased 33,000 square feet at The Nexus for its corporate headquarters and will be its first tenant.

Remi was represented by Ben Speir and Joe Cherry with Cherry & Associates, and The Nexus was represented by Travis Hart and Jenny Fowler with Childress Klein.

“We’re very excited to reach this construction milestone with The Nexus,” said Paul DeVine, partner at Childress Klein. “The Hub has been a fantastic success and has confirmed our bet that there is pent-up demand among employers outside of the urban core who want to deliver a vibrant, walkable, community experience to their employees. It has been fun to see our thesis—that Waverly could become a powerful recruiting and retention tool—become a reality for our clients and to see such a positive response from the market.”

Travis Hart and Jenny Fowler with Childress Klein are marketing The Nexus, which features 26,793-square-foot floor plates. The building’s top four floors remain available for lease.

DAVIDSON, N.C. – Leading developer, Childress Klein Properties, the Lake Norman Regional Economic Development Corporation (LNREDC) and the Town of Davidson, N.C. are pleased to announce the construction of Two Harbour Place, a 51,000 sq ft, three-story office/retail building located at the northwest corner of Griffith and Jetton streets in Davidson. Well-known paint company, Valspar, will be relocating their Charlotte regional office to the project.

“We are excited to announce an anchor tenant of such great quality to Harbour Place,” said Paul DeVine, partner at Childress Klein Properties. “This validates our efforts to add a different type of product to the Class A office market.”

Construction on Two Harbour Place has already begun and the building is expected to be completed by February 2015. Childress Klein Properties is working with Valspar to design a state-of-the-art training center as part of the project. Valspar will be moving from their current location within Morrison Plantation in Mooresville, N.C.

“We enjoy the culture of Davidson, so when Childress Klein presented this opportunity to be so close to I-77 but also intentionally knit into the town, we knew this was the spot for our new office,“ commented Kelly McGlynn, operations manager for Valspar. “We love that our employees will be able to enjoy walkability to all the great amenities of Davidson mixed with the ability to get employees to work quickly.”

Two Harbour Place is part of the 50-acre mixed-use Harbour Place development begun by Childress Klein in 2007.  The development consists of approximately 500,000 sq ft of space that includes a mix of office, retail, residential, hospitality and educational uses. Valspar joins MSC Industrial Direct, Wells Fargo, and Homewood Suites as major tenants in the development. The development is also adjacent to a nature preserve, walking trails and park, with access to Lake Davidson.

“This site is part of the 2004 Northeast Quadrant Master Plan — it is exciting to have a new building in town to fill out this area,” said Town manager Leamon Brice. “We’re hoping this development will provide more employment opportunities and services to the citizens of Davidson.”

“As soon as you get off the interstate (on exit 30), you can tell Davidson is a unique place. Tenants love that this area doesn’t feel like an office park; it’s part of the community,” added DeVine.

“We are pleased that construction will begin soon at Two Harbour Place,” said Ryan McDaniels, executive director of LNREDC. “Valspar is a highly regarded company that will complement our growing collection of consumer and industrial products office locations.”

Charlotte, N.C. — Popular fitness and lifestyle apparel company Athleta and V’s Barbershop have signed leases at Waverly, and Foxcroft Wine Co. has opened its new location at the 90-acre mixed-use community in south Charlotte.

Athleta (3,469 square feet) creates versatile premium performance apparel designed by women athletes to inspire a community of active, confident women and girls to reach their limitless potential. Founded in 1998, Athleta is a certified B corporation and integrates performance and technical features across its collection to carry a woman through her life in motion, from yoga and training to commute and travel. A Gap Inc. brand, Athleta apparel is available at 170 retail stores across the country, and the Waverly location, located next door to Tiff’s Treats, is expected to open on March 31.

V’s Barbershop (1,005 square feet) is an Arizona-based company that prides itself on creating an old-school barbershop atmosphere. Licensed barbers dressed in classic uniforms will offer haircuts, straight-razor shaves, men’s facials, face massages, moustache and beard trims and shoe shines. Every V’s haircut will include a hot lather neck shave, a hot towel treatment and a neck and shoulder massage. Owned by Aaron Lindley, the Waverly location will be located next to Foxcroft Wine Co. and is expected to open early next year.

Keely Hines with Foundry Commercial represented the landlord at Waverly, which has only one retail space remaining for lease. Dale Hall at New South Properties represented Athleta, and Jonathan Najjar at Morrow Hil represented V’s Barbershop.

Foxcroft Wine Co., which opened its Waverly location on Nov. 5, offers a diverse selection of wines from every major wine-producing region in the world along with an acclaimed food menu. Boasting a comprehensive, rotating selection of more than 5,000 different bottles from around the world, Foxcroft Wine also serves more than 40 wines by the glass. Customers at Foxcroft Wine can enjoy a relaxed and inviting atmosphere and simple, comforting cuisine sourced from local farmers and purveyors who provide fresh, seasonal, organic and sustainable food. The Waverly location is the fourth for Foxcroft Wine owner Conrad Hunter and features an expansive wine bar as well as several specialty wine-based cocktails created by Stefan Huebner of Dot Dot Dot, which Hunter co-owns.

CHARLOTTE, N.C. – Childress Klein, is pleased to announce Crown Castle, the nation’s largest provider of communications infrastructure - connecting people & businesses to essential data, technology & wireless service, as the newest tenant at The Nexus located in Waverly. Crown Castle has signed a lease for 53,580 square feet for both the 5th and 6th floor, and is scheduled to open in Q1 2020.

Childress Klein Partner Paul DeVine said, “We couldn’t be more thrilled that Crown Castle has selected The Nexus for their new office location. We truly believe that Waverly provides the very best in next-generation workspace, combining a walkable, pedestrian-friendly design with a suite of high-quality urban amenities. It has been fun to see this vibrant community become a powerful recruiting and retention tool for employers wishing to offer an enhanced work-life balance to employees.”

Scheduled for completion in April 2019, The Nexus is a six-story creative office building within the Waverly community in south Charlotte. Totaling 154,000 square feet, this is the second creative office building at Waverly, a mixed-use development just south of Interstate 485 at the intersection of Providence and Ardrey Kell roads. The first six-story office building at Waverly, The Hub, is LEED certified and offers a reimagined work environment designed for collaboration and creativity, anchored within a vibrant, walkable community. The Hub is home to the global corporate headquarters of NN Inc. as well as the headquarters of Tokai Carbon USA and Horizon Investments. Visit waverlyclt.com/office for full project details.

Travis Hart and Jenny Fowler with Childress Klein are marketing The Nexus, which features 26,790 square foot floor plates and an attached parking garage dedicated to office employees. The building’s third and fourth floors, as well as a portion of the first remain available for lease.

Charlotte, N.C. – The highly anticipated mixed-use development Apex SouthPark has secured one of the country’s most recognized names in steakhouse dining – Steak 48 –  which will make its Charlotte debut mid 2020.

Redefining the dining experience and offering a new twist on the classic American Steakhouse, Steak 48 is a culinary experience unlike anything Charlotte has seen. At its core, Steak 48 is a renewed classic American steakhouse featuring world class steaks including both USDA Prime and Highest Grade Domestic Wagyu beef paired with unique, inventive and cravable appetizers and side dishes such as their famous Alaskan King Crab and Rock Shrimp Mac and Cheese, or Crispy Shrimp Deviled Eggs that go beyond the traditional steakhouse menu. Steak 48’s Chief Executive Chef of over 20 years (Marc Lupino) prides himself in offering only the very best sustainable and fresh fish and shellfish, and only sources their beef and ingredients from specific farms that meet their exact standards of quality. “Our Local Executive Chef in Charlotte will play a personal role in delivering some local touches to our menu, being a part of our community is part of everything we do at Steak 48,” said Chef Lupino.

Guests will appreciate Steak 48’s wide range of both lively and more intimate dining spaces, as well as a fully exposed kitchen with floor to ceiling glass surrounded by dining on all three sides. This one-of-a-kind design encourages guests to be compeletly immersed in the dining experience.

Steak 48 is owned and operated by brothers Jeffrey and Michael Mastro, their father Dennis Mastro, and partner Scott Troilo, a group known for their unique and city-centric restaurants that focus heavily on the guest experience, who are eager to contribute to the urban fabric of the SouthPark community.

With this being their first restaurant in Charlotte, they have chosen to partner with the local real estate experts at Childress Klein who are synonymous with ongoing investments that change the Charlotte skyline and transform the community.

“We are excited for the opertunity to be a part of the spectacular development that is being created here at Apex SouthPark. My brother, father and I love Charlotte and are looking forward to being a part of the very special community that is so vibrant here in our new home town,” said Jeff Mastro.

Steak 48 Charlotte will join the brand’s other three locations in Houston, Philadelphia and Chicago, each uniquely local and special to its own City.

Developed by Childress Klein and Ascentris, Apex SouthPark includes more than 73,000 SF of ground floor shops and resturants, approximately 345 residences; a new 750-seat, 68,000 SF state-of-the-art church; and Charlotte’s first Hyatt Centric hotel. Retail and dining spaces will be connected via a parking garage at the base of Element SouthPark, a luxury multifamily development, and will feature entrances off of Sharon and Morrison Boulevard. Shoppers and other visitors will have direct access to more than a dozen of speciality resturants and retail concepts offering an aray of culinary and fashion options.

To have the Mastro family bring Steak 48 to Apex SouthPark is further evidence of Charlotte’s standing among the most desirable markets in the nation,” said Chris Thomas of Childress Klein. “Steak 48 will help us set the tone as it offers the SouthPark community a distinctive dining experience.”

When it opens in the summer of 2020, Apex SouthPark will be one of the first mixed-use developments in the southeast to feature a live, work, play, worship paradigm, making the SouthPark area one of the most diverse and exciting destinations in the southeast.

Charlotte, NC – CBRE has arranged the sale of Rexford Park I & II, two value-add office buildings totaling 136,812 sq. ft., located at 2100 and 2115 Rexford Road in Charlotte’s SouthPark submarket. Rexford Park I was completely vacant and Rexford Park II was 37% occupied at the time of sale, allowing for value creation through lease-up. Childress Klein and Gottesman Real Estate Partners acquired the property for $24.45 million. It is the first purchase in a new joint venture that will focus on multi-generational office investments in fortress locations in and around Charlotte, North Carolina.

“We couldn’t be more pleased to start our relationship with Childress Klein at Rexford and in South Park,” said Andy Gottesman, CEO of Gottesman Real Estate. “The properties fit perfectly into our strategy to breathe new life into well-located but underperforming assets.”

“We are thrilled to partner with Andy and his family on the acquisition of these Rexford assets. The location is exceptional. Our neighbors include the Specialty Shops, the nearly complete AC Marriott with its rooftop bar and the top-rated Marriott SouthPark. With THE LOOP planned at our front door and the Colony ready to break ground up the street, we believe Rexford will offer the walkability that office users have been seeking in SouthPark.” said Paul DeVine, Partner at Childress Klein.       

CBRE’s Patrick Gildea, Matt Smith, and Grayson Hawkins represented the seller, LendingTree, in the transaction.

“Rexford Park I & II is one of the most competitive offerings we have handled in years, highlighting the volume of capital focused on value-add opportunities in today’s market.  Southpark continues to be one of our most desirable submarkets in the Carolinas for investment.” said Mr. Gildea, executive vice president at CBRE.

The property is situated in the heart of SouthPark, one of Charlotte’s most desirable submarkets with an overall office vacancy of 6.4% and continuously increasing rental rates. In addition to office, SouthPark continues to be in high demand for multifamily and hotel developers. With multiple projects planned or under construction, any remaining development sites are highly sought-after. The area offers a walkable, live-work-play dynamic with numerous amenities within the vicinity. SouthPark Mall is the hub of the submarket with over 1.6 million sq. ft. of high-end retail and dining offerings.

CHARLOTTE, N.C. - Childress Klein, is pleased to announce that specialty grocery, Reid’s Fine Foods has signed a lease for a 2,613 SF space on the first floor of The Duke Energy Center that is scheduled to open Summer 2019. This will be their fourth location in Charlotte.

Managing Partner for Reid’s Tom Coker said,

“Charlotte’s unprecedented growth allows us to continue to expand our operations here in Charlotte. We’re incredibly grateful for the opportunity to continue to be a part of the community and deliver exceptional food products while being in the center of everything.”

The new location will have a butcher shop, deli, fresh foods section and wine bar and will feature on-the-go meals, as well as dine-in options.

Charles Thrift with Childress Klein represented Reid’s in the transaction. Susan Clements with Childress Klein represented the landlord.

Charlotte, N.C. – Childress Klein is pleased to announce that it has signed four new leases for a combined 11,524 SF of space at the Promenade on Providence. The new tenants include Charlotte Fitness Equipment, Blue Cross and Blue Shield of North Carolina, Front Door Fabrics and Stretch Zone. They join more than 40 other retail shops and restaurants at the Shopping Center.

Charlotte Fitness Equipment has a new owner and is relocating to the 2,838 SF space next to Jos. A. Banks and is scheduled to open in June of 2018. As the leading supplier of quality fitness equipment in this area, they offer a large range of treadmills, ellipiticals and other equipment for home and commercial gyms.

Opening next to Fresh Salon, Blue Cross and Blue Shield of North Carolina will occupy 3,651 SF. Since 1983, Blue Cross and Blue Shield of North Carolina has worked to improve the health and well-being of their customers and communities through innovative health care products, insurance, services and information to more than 3.8 million members.

Front Door Fabrics will open in the 3,500 SF space next to Stein Mart mid-summer 2018. Whether you want dazzling window treatments and sophisticated sofas, or plan to enhance your home with a few new pillows and lamps, Front Door Fabrics offers an impressive selection of fabric, trim, accessories, wallpaper and furniture.

With its newest store opening in the Charlotte area, Stretch Zone has leased 1,535 SF of space next to Subway. Founded in Miami in 2004 by Jorden Gold, one of the world’s foremost experts in practitioner-assisted stretching, Stretch Zone has revolutionized the fitness industry and completely reinvented the concept of “the stretch.” They offer state-of-the-art therapeutics, stretching and chiropractic memberships.

“These tenants add to the diverse mix of national, regional and local retailers at Promenade on Providence and bring us another step closer to our vision for the property,” said Susan Clements, Leasing Agent at Childress Klein.

Promenade on Providence is a lifestyle-oriented shopping complex located at the intersection of major Charlotte arteries, Providence Road and I-485. The center features popular tenants like The Fresh Market, Total Wine & More, Tuesday Morning, Pier 1, Stein Mart, Ann Taylor Loft, Kirkland’s, Hallmark, Jos. A. Bank and Sun & Ski Sports.

Promenade on Providence is currently 96% leased, and is leased and managed by Childress Klein.

Fort Mill, S.C. – Childress Klein, one of the Southeast’s preeminent real estate developers, has started construction on a 217,636-square-foot industrial facility in Fort Mill that will house the headquarters of OXCO Inc., a manufacturer of non-woven industrial fabrics.

OXCO announced plans to relocate its operations from Charlotte to Fort Mill last year and will occupy 149,588 square feet at the new facility, which will be located within Lakemont Business Park at 547 Kings Ridge Drive. Established in 1994, OXCO is a light manufacturer and supplier of non-woven materials for a variety of markets and end-use applications. The company plans to add 130 jobs at its new headquarters.

“We are thrilled to reach this milestone with Childress Klein and start construction on our new headquarters facility,” said C.T. Chu, president of OXCO. “We look forward to moving into our space later this year.”

The building is expected to deliver in August, and Childress Klein is marketing the remaining 68,048 square feet available for lease. Featuring one of the region’s most desirable distribution locations, 547 Kings Ridge Drive is located just off interstate 77 and offers easy access to interstate 485. The building features a rear-loading configuration, an ESFR sprinkler system and a 30-foot clear height. Ample trailer parking is available with opportunities for future expansion.

“Childress Klein is delighted to partner with OXCO and start construction on 547 Kings Ridge Drive,” said Matt Harper, a partner with Childress Klein. “With its visibility and proximity to major interstates, we anticipate strong demand among industrial users for the remaining space at this state-of-the-art facility.”

Charlotte, N.C. – Childress Klein, one of the Southeast’s most prominent real estate companies, accounced today that they have entered into an exclusive property management agreement with Austin Village Retail Center, LLC for its 65,272 SF Austin Village in Matthews, NC.

Developed in 2010, the property is anchored by a 48,750 SF Harris Teeter and boasts 16,500 SF of shop space. Located in South Charlotte at the intersection of Potter Road and Chestnut Lane in Matthews, a rapidly growing community southeast of Charlotte, this 100-acre mixed-use property is conveniently located near I-485 and US-74.

“We are pleased to bring Austin Village into our retail portfolio. Childress Klein’s presence in the Southeast market continues to grow, which creates great synergy and facilitates our ability to provide the excellent customer service that our tenants and owners are accustomed to receiving from us,” stated Jan Pugh Regional Property Manager, at Childress Klein.

The center is 95% leased and currently includes several popular, local merchants and restaurants including Poppyseeds Bagels, My Bella Spa, and Bisonte Pizza Co.