Robins & Morton & GiGi’s Playhouse Sign Leases at Ayrsley; Two Silver Crescent officially breaks ground

Charlotte, N.C., December 7, 2018 — Robins & Morton & GiGi’s Playhouse have both signed leases with New Forum at the Ayrsley community in Steele Creek. Total occupancy at the Steele Creek community increases to 98 percent

Construction Company, Robins & Morton has leased 3,850 square feet at the Charleston Row building at Ayrsley, maintaining the building’s occupancy at 100%.

GiGi’s Playhouse has leased 4,238 square feet at Ayrsley at the One Kings Parade building. GiGi's Playhouse is the only nationwide network of Down syndrome achievement centers; changing lives through free, results-driven programs for individuals of all ages, families and communities.

William Hodges, vice president and broker-in-charge at New Forum, represented the landlord on the lease transactions. Joe Cherry IV with Cherry & Associates represented Robins & Morton. Jim Gambrell of Gambrell Real Estate Consulting represented Gigi’s Playhouse.

Two Silver Crescent has officially broke ground. Construction has begun on the 88,000 square foot Class A Building, slated to deliver in Fall 2019. Leasing of Two Silver Crescent will be handled through William Hodges, Vice President & Broker-in-Charge at New Forum.

Two Silver Crescent Groundbreaking

 From left to right:  David Privitera-President & CEO of Concorde Construction, Amanda Gardner-CFO of New Forum, William Hodges-VP Broker-in-Charge of New Forum, Charley Hodges-President & CEO of New Forum, Tyler Steele-Executive Vice President Development & Asset Management, Gene Bodycott-Co-Founder & Board Member of New Forum

From left to right: David Privitera-President & CEO of Concorde Construction, Amanda Gardner-CFO of New Forum, William Hodges-VP Broker-in-Charge of New Forum, Charley Hodges-President & CEO of New Forum, Tyler Steele-Executive Vice President Development & Asset Management, Gene Bodycott-Co-Founder & Board Member of New Forum

Two Silver Crescent is officially under construction! On Tuesday, December 4, 2018 a groundbreaking ceremony was held! Two Silver Crescent will be an 88,000-square-foot of Class A office space, in the heart of Ayrsley, which is being called the downtown of Steele Creek, Charlotte’s fastest growing community. Conveniently located off I-485 & South Tryon, Ayrsley provides a turnkey campus in a booming urban environment, bustling with restaurants & bars, movie theatre, shops, gyms, salons, hotels, colleges, multi-family homes and bowling & entertainment. The building will include free, covered parking (4.0/1,000 sf parking ratio), 10’ ceilings, collaborative & private areas through the building.  The tech / creative class design will assist its effort the attract the best of the next generation workforce.

More photos from groundbreaking ceremony HERE!

Construction begins on Two Silver Crescent, the latest Class A Office Building in Southwest Charlotte

2SC Rendering.png

Local real estate firm New Forum, Inc. announces groundbreaking of Two Silver Crescent, an 88,000 square-foot Class A Office building, located in the Town of Ayrsley in Southwest Charlotte. With this development, New Forum will move their corporate office to Two Silver Crescent, slated to deliver in Fall 2019.

Two Silver Crescent will be an 88,000-square-foot of Class A office space, in the heart of Ayrsley, which is being called the downtown of Steele Creek, Charlotte’s fastest growing community. Conveniently located off I-485 & South Tryon, Ayrsley provides a turnkey campus in a booming urban environment, bustling with restaurants & bars, movie theatre, shops, gyms, salons, hotels, colleges, multi-family homes and bowling & entertainment. The building will include free, covered parking (4.0/1,000 sf parking ratio), 10’ ceilings, collaborative & private areas through the building.  The tech / creative class design will assist its effort the attract the best of the next generation workforce.

New Forum will move its corporate office into Two Silver Crescent once construction is complete. “New Forum is outgrowing our current office with the addition of New Forum Partners, our new developments & acquisitions arm, and other new departments internally.  This, along with recent interest in Two Silver Crescent, make it the right time to add additional Class A office product to the Steele Creek/Airport submarket,” explained Tyler Steele, Executive Vice-President, Development & Asset Management at New Forum.  Ayrsley has a occupancy rate of 98%. New Forum is currently seeking tenants to complement the booming Ayrsley neighborhood. Leasing of Two Silver Crescent will be handled through William Hodges, Vice President & Broker-in-Charge at New Forum.

Two Silver Crescent is in the rapidly growing Steele Creek community and is approximately fifteen minutes from the Charlotte Douglas International Airport and Uptown Charlotte with easy access to I-485, I-77 & I-85.

The Two Silver Crescent team includes architect BB+M, civil engineer Isaacs Group, general contractor Concorde Construction, and property manager & leasing broker New Forum.

About New Forum

Based in Charlotte, New Forum is a real estate development, management and operating firm with a portfolio that includes office, retail, hotel, medical, multifamily and senior living. The company specializes in mixed-use communities that create a sense of place such as Ayrsley, a master-planned development in Steele Creek that includes more than two million square feet of office and retail space, four hotels, single-family homes, luxury apartments, restaurants and a 14-screen movie theater. For more information about New Forum visit www.newforum.net.

 

###

New Forum Announces New Development & Acquisition Platform; Acquires First Property

Seneca Mall South Blvd Scene 1.jpg

New Forum, Inc. has formed a dedicated platform, New Forum Partners, focused exclusively on new development and acquisitions. With its founding, New Forum Partners has announced the acquisition and planned re-development of Seneca Place, a 41,310 square-foot retail strip center and outparcel pad with a diverse mix of tenants, located in Charlotte, North Carolina. 
 
Seneca Place, currently comprised of a 34,710-square-foot retail strip center and a 6,600
square-foot outparcel, will be rebranded as Madison Corners. The Madison Corners rebrand
will include over $1,000,000 in capital improvements including a re-designed exterior.  
 
New Forum Partners is currently seeking tenants to complement the booming Madison Park
neighborhood such as high-end and fast casual restaurants, coffee shops, yoga and fitness
users, and wine shops. Retail leasing of Madison Corners will be handled through Jay Mitchener at Thrift Commercial.  
 
Seneca Place in the heart of the rapidly growing Madison Park, Montclaire and Archdale
communities and is approximately three miles northwest of South Park and seven miles south
of Uptown Charlotte.  More than 91,700 residents earning an average household income of
$103,279 live within a three-mile radius of the center. 
 
William Hodges, Principal at New Forum Partners and broker-in-charge of New Forum’s leasing represented the buyer. Rob Settle of Commercial Carolina represented the seller of Seneca Place, Carl Ricker. Cory Fowler of Holliday Fenoglio Fowler, L.P. (HFF) worked on behalf of the borrower to place the floating-rate loan with Ready Capital Structed Finance.  
 

Medical Sales College, UMortgage Solutions Sign Leases at Ayrsley

Charleston Row 2015 Hi res.jpg

The Medical Sales College and uMortgage Solutions have both signed leases with New Forum at the Ayrsley community in Steele Creek.

The Medical Sales College has leased 2,886 square feet at the Charleston Row building at Ayrsley. The college specializes in medical device sales education and works directly with internal corporate recruiters to connect its trained graduates with employment opportunities. Founded in 2010, the Medical Sales College has trained more than 1,000 students and now has six campus locations across the country. The Charlotte location is expected to open in August.

uMortgage Solutions, a new mortgage firm founded by Matt Nixdorf, has leased 2,087 square feet at Ayrsley and recently opened at 2135 Ayrsley Town Boulevard. Nixdorf has been a licensed mortgage broker for 20 years and previously started mortgage firm QC Lending in 2012.

William Hodges, vice president and broker-in-charge at New Forum, represented the landlord on the lease transactions. Matt Bowen with JLL represented uMortgage Solutions.

 

 

New Companies in Ayrsley

ATB from 2215 3 2015 hi res.jpg

Neteffect Technologies, an IT services firm, has renewed and expanded its lease at the Ayrsley mixed-use community in Steele Creek.

Neteffect Technologies recently signed a five-year extension and increased its space from 6,369 square feet to 10,045 square feet at 8809 Lenox Pointe Drive. Founded in 1991, Neteffect Technologies specializes in managed IT services, cloud services, business telecom, project-based IT services and IT security services. The company has approximately 35 employees and leased the additional space to accommodate the growth of its cybersecurity practice and its sales force, which now offers 24/7 services.

In addition to the Neteffect lease, The Sally Awad Group with Weichert Realtors has signed a five-year lease for 1,289 square feet at the 2025 Ayrsley Town Boulevard building. Led by Awad, who has more than 10 years of experience, the group has 25 Realtors serving customers across the Charlotte metro area.

Ayrsley’s office space is 94.04% percent occupied. New Forum recently celebrated the grand opening of the new 120,000-square-foot headquarters building for JELD-WEN Holding, Inc., one of the world’s largest door and window manufacturers, and is marketing Two Silver Crescent, an 80,000-square-foot Class A office building at the intersection of Ayrsley Town Boulevard and Sessions Street.

William Hodges, vice president and broker in charge at New Forum, represented the landlord on the lease transactions.

Boutique Fitness Center Opening in Steele Creek

BBC.png

Boutique fitness center Burn Boot Camp open in May 2018 in its new Steele Creek location. The Steele Creek location is owned by Bridgett Earnhardt and Ally Earnhardt. Located at 2101 Cambridge Beltway, the new location will be the 10th in the Charlotte region for Burn Boot Camp.

Burn Boot Camp workouts are designed to maximize results in just 45 minutes, employing a mix of challenging exercises. Providing personalized training in a group setting, no day or workout is ever the same. Burn Boot Camp offers free childcare and a strong sense of family and community. Members can also take advantage of focus meetings with Burn Boot Camp trainers to review nutrition habits, mindset challenges and personal goals. 

“Burn Boot Camp truly enriches the lives of its members, and we’re so excited to open our doors and introduce this unique fitness concept to the Steele Creek community,” said Bridgett Earnhardt.

Headquartered in Huntersville, Burn Boot Camp was launched by co-founders Devan and Morgan Kline in 2014 and has since expanded via franchising to more than 100 open locations and more than 300 awarded locations across the country. For more information about the Steele Creek location, visit burnbootcamp.com/locations/steele-creek-nc.

CBJ presents CFO of the Year awards to local financial leaders

download.jpeg

A crowd of about 350, largely financial executives and their guests, gathered Thursday night for the Charlotte Business Journal’s ninth annual CFO of the Year awards ceremony.

The CBJ has recognized 147 financial executives in the Charlotte area since the program started in 2008. This year, there were 13 finalists in five categories recognized, plus two special honorees, at the awards ceremony. The event took place at the Hilton Charlotte Center City.

Read More