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Childress Klein and Crosland Southeast’s Providence Farm Community is Fully Leased

Providence Farms

Four new tenants announced for the south Charlotte project

Charlotte, N.C., September 28, 2017 — Charlotte-based commercial developers Childress Klein, Crosland Southeast and the B. Frank Matthews II family announced four new tenants for their collaborative project, Providence Farm. First Watch, Bojangles, Cava Mezze Grill and Verizon Wireless have signed leases at the 8.5-acre commercial property in south Charlotte, fully leasing the project.

First Watch is a fresh, modern restaurant concept that serves breakfast, brunch, and lunch seven days a week. First Watch operates more than 300 locations across 26 states. Consumer Reports named the Company the 2016 “Top Family Dining Restaurant”. They currently have more than 130-restaurant locations across the United States, including two in Raleigh and one in Cary; this will be their first in Charlotte. First Watch will occupy a 3,200 SF space at Providence Farm.

Verizon Wireless, one of the largest communication technology companies in the world, has signed a lease for a 3,000 SF space in the same building as First Watch. Verizon has been at the center of the communications revolution for more than 100 years with a strong focus on getting customers more connected.

Cava Mezze Grill is a fast-casual Greek restaurant that features build your own bowls or wraps and house made juices and sodas that started in DC. The restaurant focuses on thoughtful ingredients and bold Mediterranean flavors. CAVA’s line of fresh additive-free vegetarian dips and spreads are available in Whole Foods Markets and other specialty food stores. The restaurant currently has locations in California, DC, Maryland, New York and Virginia. This will be one of Cava’s first restaurant locations in North Carolina.

Bojangles was founded in 1977 in Charlotte, NC. They are best known for menu items such as, fried chicken, made-from-scratch buttermilk biscuits, flavorful sides and sweet tea. Bojangles’ currently has 728 restaurants in operation with the majority in the Southeastern United States. The Providence Farm restaurant will be one of the chain’s first new prototypes in the Charlotte market.

“We are excited to have the opportunity to partner with these exciting brands to bring an outstanding mix of walkable offerings to the Providence Farm community,”

said Chris Thomas, partner at Childress Klein. There will be announcements concerning a business class hotel and another retail occupant for the remaining parcels at Providence Farm in the near future.

Julie Gardner with Katz and Associates represented First Watch, Emory Croom with Atlantic Coast Commercial Real Estate represented Verizon Wireless, Jackson Hughes with The Navigator Group represented CAVA and Henry Atkins with Atkins Properties, LLC represented Bojangles.


About Providence Farm:
Providence Farms, a joint venture between Childress Klein, Crosland Southeast and the B. Frank Matthews II family, is a mixed use development that includes four retail buildings and a 130 room hotel site. The 8.5-acre site on Providence Road is adjacent to the Crescent Providence Farm residential community and immediately north of Waverly, the master-planned development near the intersection of Providence Road and Ardrey Kell Road.

 

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Childress Klein Adds 590,000 SF of Retail Assets to Portfolio

Berkeley Mall

Prominent Real Estate Firm Selected to Lease and Manage Goldsboro and Hendersonville Shopping Centers

CHARLOTTE, N.C. – Childress Klein, one of the Southeast’s largest commercial real estate firms, announced that they will be the exclusive leasing agent and property manager for a 590,000 SF portfolio of retail assets located in eastern and western North Carolina effective immediately. The properties are owned by Capitol Funds from Shelby, NC. They include Berkeley Mall and Berkeley Corner Shopping Center in Goldsboro, NC and The Fresh Market Shoppes in Hendersonville, NC.

“I am excited for the opportunity to work with a company like Childress Klein. The experience they bring to our properties is invaluable,” stated David Royster, President of Capitol Funds.

Berkeley Mall is a 458,000 SF regional mall located on North Berkeley Boulevard in Goldsboro, NC. The mall is anchored by Belk, Belk Home & Children, J.C. Penney and Sears. It also includes a mix of national and regional brands such as Jo-Ann Fabrics & Crafts, Rue21, Daughtry Jewelers and Footlocker. Berkeley Corner, adjacent to the mall, opened in 2015. The 57,000 SF property is comprised of Dick’s Sporting Goods and PetSmart. The Fresh Market Shoppes in Hendersonville, NC is a 75,000 SF neighborhood shopping center located at the intersection of South Main Street and Spartanburg Highway. Along with The Fresh Market, the center includes Stein Mart and a recently opened PetSmart.   

“We look forward to working with our client on these established and well-positioned assets and continuing to expand our leasing and management services business in the Carolinas,” stated Britt Byrne, Senior Leasing Director at Childress Klein.

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The Springs Company and Childress Klein to Celebrate Topping Out of New Office Building

King 7

Kingsley Park Seven is latest Class A office building at Fort Mill office park

FORT MILL, S.C. – The Springs Company and Childress Klein have reached a construction milestone on Kingsley Park Seven, a new three-story, approximately 60,000-square-foot Class A office building at the Kingsley Park office park in Fort Mill, SC.

The Springs Company, AccessOne and Childress Klein will celebrate the construction milestone with a topping-out ceremony featuring remarks from executives and Fort Mill Mayor Guynn Savage on Wednesday, Sept. 13, at 10:00 a.m.

Health-care IT company AccessOne, has leased the third floor at Kingsley Park Seven for their corporate headquarters, which is expected to be complete in June 2018.

“AccessOne has been in Fort Mill for several years now, and it has been a great home.  With all of the development and momentum in the area we are very pleased to have The Springs Family and Childress Klein partner to build a new space for us to grow into,” Mark Spinner, President and CEO of AccessOne.

Kingsley Park Seven is the final office building at the 76-acre Kingsley Park, which The Springs Company and Childress Klein started developing in 1998.

“Kingsley Park was our first office development with The Springs Company in Fort Mill, and this last topping-out at the park reflects the incredible growth we’ve seen in Fort Mill and its emergence as a destination for local employers such as AccessOne,” said Paul DeVine, partner with Childress Klein.


About The Springs Company
The Springs Company was founded in 1887. It is privately held and continuously owned by the Close Family of Fort Mill, SC. The Springs Company serves as a holding company for a private equity portfolio comprised of nine operating businesses, over seeing sizable real estate and passively managed investment portfolios. The Springs Company currently has more than 500 employees and owns 10,500 acres of undeveloped land within 30 minutes of Fort Mill. The Springs Company manages with a true generational horizon and an uncompromising focus on quality.

About AccessOne
Founded in 2002, AccessOne is a leading provider of patient payment options designed to help patient consumers manage their healthcare costs while driving best in class hospital reimbursement. AccessOne offers comprehensive low and no interest payment options for all patient balance types including high-deductible, catastrophic and financial assistance. No patient is ever denied credit or credit reported, and providers can rely on AccessOne to capture more revenue while driving compliance and financial performance. 

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Childress Klein Acquires Galleria 100 Building in Atlanta

Galleria 100

18-story office tower purchased for $69 million with WHI Real Estate Partners

ATLANTA – Childress Klein, one of the Southeast’s preeminent real estate developers, has acquired Galleria 100, an 18-story Class A office tower in northwest Atlanta that was originally developed by Don Childress in 1982.

Childress Klein purchased the 415,000-square-foot building in conjunction with real estate investment firm WHI Real Estate Partners L.P. for $69 million. Galleria 100 is located in the award-winning Atlanta Galleria, an 86-acre master-planned development featuring six Class A office towers, a four-star hotel and the Cobb Galleria Convention Center. With the acquisition, Galleria 100 has come full circle, returning to the team that developed the landmark property. Although the Galleria site was once considered undevelopable due to its topography Don Childress, at that time with Trammell Crow, recognized that the property’s close proximity to major interstates and potential appeal to area employers outweighed the risks.

Today, Galleria 100 is one of the most recognized office towers in northwest Atlanta and is now connected by a pedestrian and multi-use bridge to the new home of the Atlanta Braves, SunTrust Park, and The Battery Atlanta, an adjacent 1.5-million-square-foot mixed-use and entertainment district.

Since its completion in 1982, Childress Klein has leased and managed the building on a third-party basis. Major tenants at Galleria 100 include Aflac, Freeman Mathis & Gary, Fresenius Medical Care and The Georgian Club.

“Galleria 100 is a timeless building positioned within northwest Atlanta’s premier office community,” said Gordon Buchmiller, Atlanta managing partner at Childress Klein. “This was one of our firm’s first major developments in Atlanta, and we’re excited to partner with WHI Real Estate Partners in acquiring this irreplaceable asset.”

Connie Engel, partner with Childress Klein’s Atlanta office division, will continue to lease Galleria 100, which has approximately 41,000 square feet available.

 

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Childress Klein and MidCity Real Estate Partners Acquire Central Perimeter Site for Office Development

NorthPark

Childress Klein and MidCity Real Estate Partners Acquire Central Perimeter Site for Office Development

ATLANTA – A joint venture between Childress Klein and MidCity Real Estate Partners has acquired the 3.7-acre NorthPlace site in Atlanta’s Central Perimeter for the development of up to 370,000 square feet of office space.

Located at the intersection of Barfield Road and Mount Vernon Highway, the site is just one block from the new Mercedes Benz U.S. headquarters project and two blocks from the Sandy Springs MARTA station.

The area is home to several major corporate office tenants including UPS, Global Payments, IBM (ISS) and JAS Worldwide. Initial plans for NorthPlace include two office buildings (250,000 and 120,000 square feet in size) offering prominent signage visible from Ga. 400.

“Central Perimeter continues to be one of Atlanta’s most desirable markets for office users, and we are thrilled to partner with Childress Klein on this unique development opportunity,” said Kirk Demetrops, president and founder of MidCity Real Estate Partners.

One of the largest real estate firms in the Southeast, Childress Klein has previously developed the 2.4-million-square-foot Atlanta Galleria office park and Midtown’s 999 Peachtree Tower.

“NorthPlace offers convenient access to major roadways, MARTA, area amenities and numerous housing options,” said Gordon Buchmiller, Childress Klein’s managing partner in Atlanta. “The site’s location directly on Ga. 400 also allows for exceptional visibility and presents an outstanding branding opportunity for prospective tenants.”

Childress Klein and MidCity will co-develop NorthPlace, with Roger White, executive vice president of MidCity, overseeing day-to-day construction operations. Led by Demetrops, MidCity Real Estate Partners will be responsible for marketing NorthPlace to prospective corporate and medical tenants.

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Childress Klein Expands Retail Management Portfolio to Asheville

Northland

Capitol Funds selects Childress Klein to manage 43,007 SF in North Asheville

ASHEVILLE, N.C. – Childress Klein, one of the Southeast’s preeminent real estate developers, has entered into another exclusive management and leasing agreement with Capitol Funds from Shelby, NC for their 43,007 SF Northland Shopping Center in Asheville, NC.

The Fresh Market and a soon to be completed Petco anchor Northland, a neighborhood shopping center located on Merrimon Avenue near Beaverdam Road. in the affluent North Asheville Community. The center is 100% leased and currently includes several popular, local merchants and restaurants including Wild Birds Unlimited and Marco’s Pizza.

“We are excited to continue to develop our partnership with Capitol Funds on this well-known asset as we expand our leasing and management services to the rapidly developing Asheville area,” stated Britt Byrne, Senior Leasing Director at Childress Klein.

Earlier this year it was announced that Childress Klein would partner with Capitol Funds on the management and leasing of Berkeley Mall and Berkeley Corner Shopping Center in Goldsboro, NC and The Fresh Market Shoppes in Hendersonville, NC.

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Charlotte Pediatric Dentistry (CPD) Announces Its 5th Office Location To Open At Waverly Development In South Charlotte

MOB

Charlotte Pediatric Dentistry (CPD) Announces Its 5th Office Location To Open At Waverly Development In South Charlotte

Charlotte, NC—Charlotte Pediatric Dentistry (CPD) recently announced plans to open a fifth location in South Charlotte. The new office will be located in Waverly, a master planned development by Crosland Southeast and Childress Klein. The property is located at the intersection of Providence Road and Ardrey Kell Road.

For CPD, a practice dedicated to serving the children of the greater Charlotte area for over twenty-five years, this new location creates an opportunity to reach a new patient base in this ever-expanding area of Charlotte.

Charlotte Pediatric Dentistry will occupy approximately 4,886 square feet in Waverly’s Second Medical Office Building (MOB II). The roughly 20,000 square foot office building developed by Crosland Southeast and Childress Klein will be owned by Horizon Eye Care which is taking the entire first floor.

“We are fortunate to be a part of the Waverly development. The new location will help us continue to evolve, keeping pace with Charlotte’s busy families, and Waverly’s emphasis on the healthy lifestyle for families fits perfectly with our practice’s core values,” says Dr. David Moore (owner of Charlotte Pediatric Dentistry).

Construction of the Waverly MOB II is slated for completion at the end of July. If plans remain on schedule, Charlotte Pediatric Dentistry will open in November 2016, at which time the new address will be: 11835 Southmore Dr., Charlotte, NC, 28277.

Charlotte Pediatric Dentistry was represented by Matt Wall of Sterling Properties Group, Inc. The Landlord was represented by Jenny Fowler and Paul DeVine of Childress Klein.

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Childress Klein and Crosland Southeast Begin Construction on One of Two Office Buildings at Waverly

The Hub

Modern Office Space Now Under development at Waverly

Charlotte, N.C. — Charlotte-based commercial developers Childress Klein and Crosland Southeast began construction on their six-story, 154,000-square foot office building today. The Hub is the first of two master planned office projects at Waverly, a 90-acre development near the intersection of Providence Road and Providence Country Club Drive in South Charlotte. The Hub is positioned near the main entrance of the property. General contractor, Shelco, LLC, is scheduled to complete construction in 2017.

“We are thrilled to begin this phase of development at Waverly,” commented Paul DeVine, office partner at Childress Klein.

“Waverly will fulfill the growing demand from businesses for a suburban location with an urban feel. We have carefully planned this project to ensure it provides the activity and vibrancy of Uptown while remaining close to employees’ homes.”

The Hub, designed by RJT+R, will be LEED® certified. The building will have an architectural precast and brick façade with high performance glass. Exposed ceilings, upscale modern lobbies and restrooms, a 4-level 840-space parking garage, and flexible floor plans make this property a desirable location for tenants of any size.

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Four Healthcare Tenants Announced for Waverly Development

Waverly MOB

Charlotte Pediatric Dentistry, Carolina Asthma & Allergy Center, Waverly Dental and Aesthetic Surgery of Charlotte join Waverly’s medical office buildings

Charlotte, N.C. — Charlotte-based commercial developers Childress Klein and Crosland Southeast announced that Charlotte Pediatric Dentistry, Carolina Asthma & Allergy Center, Waverly Dental and Aesthetic Surgery of Charlotte will be added to the list of healthcare tenants at the 90-acre Waverly development near the intersection of Providence Road and Providence Country Club Drive in South Charlotte. The 33,000-square-foot first medical office building, also occupied by Novant Health Waverly Pediatrics & Primary Care and Novant Health Urgent Care, will welcome Carolina Asthma & Allergy Center and Waverly Dental. The 22,000-square-foot second medical office building, also occupied by Horizon Eye Care, will welcome both Charlotte Pediatric Dentistry and Aesthetic Surgery of Charlotte.

Carolina Asthma & Allergy Center opened its new location at 11840 Southmore Dr., Suite 175 in early June. Aesthetic Surgery of Charlotte, Charlotte Pediatric Dentistry and Waverly Dental are slated to open in Fall 2016.

“These four new medical office tenants fit well with our vision of Waverly,” said Paul DeVine, office partner at Childress Klein. “Adding top-tier health providers grows our list of health- and wellness-oriented tenants, allowing Waverly to provide high-quality care to South Charlotte residents.”

Serving the Charlotte area since 1952, Carolina Asthma & Allergy Center is the area’s oldest and largest asthma and allergy practice made up entirely of board-certified physicians. The practice is led by 14 physicians in 11 locations throughout the Charlotte metro area. Delivering patient-focused care to all ages, Carolina Asthma & Allergy Center is committed to educating the patient and caregiver, improving quality of life and maintaining a high standard of expertise and care. Areas of specialty include nasal allergies, sinus disease, food allergy, drug allergy, venom allergy and asthma.

“We’re excited about our newest location in Waverly. Waverly not only fits perfectly with our 10 other area locations, but it’s a very unique place that we’ll share with other outstanding businesses,” said Dr. Michael A. Lapuente from Carolina Asthma & Allergy Center.

Waverly Dental will be opening its multi-specialty dental center in the Waverly development in September 2016. The new location will offer general dentistry services, but also maintain oral surgeons, pediatric dentists, orthodontists and endodontics on staff. This facility will utilize state-of-the-art equipment including a 3D cone beam to assist in dental implant placement, and is currently accepting new patient appointments. 

A second 22,000-square-foot medical office building, which will include Horizon Eye Care, is currently under construction and expected to be completed in Fall 2016. It will be home to two of the newest tenants, Charlotte Pediatric Dentistry and Aesthetic Surgery of Charlotte.

With four other locations in the Charlotte area, Charlotte Pediatric Dentistry strives to provide optimum dental care for infants, children, adolescents and persons with special health care needs. As leaders in their community, Charlotte Pediatric Dentistry represents the special oral health care interests of children, and accepts the responsibility of being a recognized primary oral health care provider for specialty referrals.

“Charlotte Pediatric Dentistry has a long heritage of providing excellent care for children in the Charlotte area,” said Dr. David Moore of Charlotte Pediatric Dentistry. “The convenience of all that a Waverly location provides is a perfect fit for our busy moms. Now good dental health in a loving environment is literally right around the corner.”

Aesthetic Surgery of Charlotte offers comprehensive aesthetic care from surgery to injectables to skincare, including aesthetic plastic and reconstructive surgery, as well as medspa services. Dr. Adam C. Augenstein is board certified by the American Board of Plastic Surgery, and one of the few in the entire nation to also be board certified by the American Board of Otolaryngology — Head & Neck Surgery.

“I am excited to open my new office in the Waverly development and look forward to continuing to serve this rapidly expanding area of Charlotte and the Charlotte metropolitan area,” said Augenstein.

Travis Hart and Jenny Fowler of Childress Klein represented Waverly in the leasing of the medical and corporate office buildings.

Charlotte Pediatric Dentistry, Carolina Asthma & Allergy Center, Waverly Dental and Aesthetic Surgery of Charlotte join more than 25 retail shops, restaurants and offices that have signed leases at Waverly, including a 40,000-square-foot Whole Foods opening this winter and 22,000-square-foot medical office anchor Novant Health.

The Crosland Southeast/Childress Klein team’s vision, in conjunction with the Matthews family, of the multi-use development is to bring long-term value to the surrounding community by bringing best-in-class tenants to the development and create a vibrant gathering place.

 

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Childress Klein-Cambridge Healthcare Solutions, LLC announces completion of the largest VA Health Care Center in America

VA

Childress Klein-Cambridge Healthcare Solutions, LLC announces completion of the largest VA Health Care Center in America

Charlotte, North Carolina — Charlotte-based Childress Klein and Cambridge Healthcare Solutions, LLC of Vienna, Va., have just completed construction of the largest health care center for veteran patient care in the United States. Childress Klein–Cambridge teamed with RPA Design, PC and J.E. Dunn Construction Group for the design and construction of the building. The Department of Veterans Affairs accepted the facility on January 29, which was exactly one month earlier than the award schedule. Both Cambridge and Childress Klein will remain as asset managers throughout the 20-year lease.

The 429,000-gross-square-foot Health Care Center is located on approximately 35 acres of land at the intersection of Tyvola Road and Cascade Pointe Blvd., near the Tyvola Road/Billy Graham Parkway interchange. Valued at over $150 million, the project represents a major economic investment and a job creator for the Charlotte, N.C. area. According to Andrew J. Czekaj, managing principal of the ownership (Childress Klein-Cambridge Healthcare Solutions LLC) “we intend to hold the asset over the long term. As a consequence we utilized bond financing to secure the long term success of the project.”

T. Michael Scott, President of Cambridge, stated, “Our approach was to truly partner with our client, the Department of Veterans Affairs, as well as our team members. We conducted six all-day sessions so that all stakeholders could deeply understand the concerns and goals of those designing, constructing, and building the facility. As a result, we have a superior product with innovations in the process (e.g. BIM modeling for real-time permitting) as well as our final product (e.g. functional care adjacencies and communications). This is an experience that the VA and all involved can be very proud of.”

The Health Care Center has been constructed to meet the projected growth of the veteran population in the Charlotte region. Groundbreaking was in March 2014 and the project was completed on a fast-track schedule. The Charlotte VA Health Care Center is expected to open their doors and to start seeing patients in Spring 2016.

It will be the largest, state-of-the art health care facility for our veterans.

It will provide enhanced out-patient primary care and specialty services for up to an estimated 35,000 veterans enrolled in the VA health care system; the VA hopes to continue increasing current services by adding or expanding Cardiology, Audiology & Speech, Mental Health, Radiology, Infectious Disease, Women’s Health, Ophthalmology & Optometry, Dental, Oncology Follow-up, Physical Medicine & Rehab, and other departments, as well as four full operating rooms and expanded gastroenterology services.

“Childress Klein is honored to be a part of this important, landmark project,” added Tom Coyle, Childress Klein’s office partner. “We look forward to serving the VA and continuing our partnership with Cambridge Healthcare Solutions for many years to come.”


Cambridge Health Care Solutions
Cambridge provides real estate services to institutions, investment partnerships and individual owners to comprehensively address the challenges of today’s real estate market.  Since 1983, Cambridge and its subsidiaries have successfully developed over 6.2 million square feet and structured the acquisition and/or disposition of in excess of 20 million square feet of commercial real estate as well as 465 acres of land with a total value exceeding $6.4 billion.  In addition, Cambridge has been instrumental in the restructure of approximately $1.5 billion of CMBS and institutional debt on behalf of clients and partners.  The firm also provides property management, leasing and construction management services to approximately 4.2 million square feet of office, R&D and industrial space.

Childress Klein
Childress Klein is a full-service real estate company operating in the southeastern United States since 1978. The partners of Childress Klein have been responsible for the development, leasing and management of more than 40 million square feet of office, industrial, retail, multifamily, and self storage properties throughout Virginia, North and South Carolina, Georgia and Florida. The Company’s primary offices are located in Charlotte and Atlanta. With a team of nearly 300 professionals, a portfolio exceeding 23 million square feet and real estate assets valued in excess of $1 billion, Childress Klein has the expertise and resources to undertake any project. 

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