Harry’s Grille & Tavern Ribbon Cutting Ceremony Wednesday, March 30

Harry’s Grille & Tavern (Harry’s), a Charlotte-based American gastropub offering upscale casual food, will celebrate the grand opening of their second location in Charlotte’s Quail Corners Shopping Center with a ribbon cutting ceremony on Wednesday, March 30 at 10:15 am. The 4,673-square-foot restaurant, located at 8426 Park Road, will officially open on Wednesday, March 30 at 4 p.m.

Since 2012, Harry’s has offered casual dining with their personalized touch and exceptional service. The goal then and now is to create a friendly, inviting place for guests that feels like a home away from home while serving up classic American dishes with a twist for lunch, dinner, and weekend brunch. Each restaurant also offers locally crafted beer in addition to an extensive wine list. With the opening of the Quail Corners location, Harry’s also will introduce a signature cocktail program curated by award-winning mixologist and Charlotte native, Bob Peters.

“We have been honored to be part of the Charlotte restaurant community for the last decade with our original Harry’s location in Steele Creek,” said Tyler Steele, COO for New Forum, the parent company of Harry’s. “We are proud that our guests continue to embrace this concept and have welcomed us into Quail Corners. We look forward to serving our new food & drink menus and being part of this wonderful community.”

Harry’s Grille & Tavern is owned and operated by New Forum, a Charlotte-based real estate development and management firm. New Forum specializes in mixed-use communities like Ayrsley Town Center in Charlotte’s Steele Creek neighborhood, where the original Harry’s restaurant is located. New Forum aims to expand Harry’s to cities across the Carolinas and is actively hiring new employees for both locations, offering $15 per hour minimum wage, 40 hours paid time off for hourly and tipped employees, and medical benefits for full-time team members. Harry’s Grille & Tavern will have temporary hours due to staffing. They will currently be Wednesday – Thursday from 4 p.m. to 10 p.m., Friday from 4 p.m. to 11 p.m., Saturday from 10 a.m. to 11 p.m., Sunday from 10 a.m. to 9 p.m. and will be closed on Monday & Tuesday. Brunch is served on Saturday and Sunday. For more information, visit www.harrysgrilleandtavern.com.

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About Harry’s Grille & Tavern

Opened in 2012, Harry’s Grille & Tavern is an American gastropub, offering upscale casual food for lunch, dinner and weekend brunch. The neighborhood restaurant prides itself on serving fresh ingredients and bold flavors in a relaxed atmosphere where guests can feel at home. The menu offers something for just about everyone from salads, burgers, and sandwiches to steaks, pasta, and fresh catch-of-the day. Harry’s has two locations in Charlotte, N.C. For more information, visit harrysgrilleandtavern.com or check their Facebook @harrys.clt and Instagram @harrysclt.

Harry’s Grille & Tavern Plans to Open Second Charlotte Location

Harry’s Grille & Tavern, a full-service upscale casual restaurant, has signed a lease at Quail Corners Shopping Center for their second location. The original is located in Steele Creek in the master-planned development of Ayrsley Town Center. Harry’s Grille & Tavern will feature hand crafted cocktails, a creative wine list and fresh innovative menu choices such as our blackened salmon tacos, hand-cut steaks, black label burger, signature salads, and award-winning grilled cheese.

Construction on the 4,673 square feet of retail space located at 8426 Park Road, Suite 9 will start immediately with plans to open in Q4, 2021.

“We’ve been part of the Charlotte restaurant community since 2012 and continue to see our guests embrace Harry’s Grille & Tavern,” said Tyler Steele, COO of New Forum who owns and operates the restaurant. “Our new location at Quail Corners is the perfect pairing of community and menu and we could not be more excited to start serving our new friends.” 

Quail Corners is a 110,179-square-foot neighborhood center in Charlotte, North Carolina. Redeveloped in 2012, the center serves the affluent residents of Quail Hollow and the surrounding neighborhoods. 

J. R. Dill of J.R. Dill & Associates represented the tenant on the lease transaction. Tracy Zart at Kimco Realty represented the landlord.

New Forum is currently hiring for the new location. Visit www.newforum.net/careers to apply.

About Harry’s Grille & Tavern

Harry is a real person, and the restaurant pays tribute to his story: Harry is everybody's friend. In fact, he's never met a stranger. He listens when people talk, and he fully embraces the moment. When friends see him in a deep conversation with someone he's just met, they joke that Harry’s found the latest addition to his Thanksgiving Dinner. 

Harry’s Grille & Tavern offers the ambiance of a New York gastropub with Harry’s promise of a quality and memorable dining experience. For more information, please visit www.harrysgrilleandtavern.com.  

About New Forum

Based in Charlotte, New Forum is a real estate development, management, acquisition, and operating firm with a portfolio that includes office, retail, hotel, medical, multifamily, and senior living.

New Forum 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.

New Forum began acquiring properties in 2018, including Madison Corners in Madison Park, The Design Center at Lake Norman in Mooresville, Eastway Square in Charlotte & Mountain Plaza in Kings Mountain, NC. For more information about New Forum visit www.newforum.net.

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New Forum announces $15 minimum wage increase, effective immediately

New Forum, a local real estate development & operating company, announces increase of minimum wage to $15 effective immediately.

New Forum has a portfolio that includes hospitality (Harry’s Grille & Tavern & Piedmont Social House), senior living (The Manor, The Dorchester, & The Carillon), multi-family (Ayrsley Lofts & Charleston Row Townhomes), commercial development, acquisitions, and property management. All team members will receive a guaranteed $15 per hour minimum. New team members will receive a $1,000 sign-on bonus. Current team members will receive a $500 retention bonus each quarter in 2021, totaling $1,500.

“We are honored to invest in our team members,” said Tyler Steele, COO of New Forum. “This past year has been difficult but if it has taught us anything, it is to take care of one another. We are committed to paying all staff a living wage and will continue to provide our team members opportunities for advancement.”

Additional perks for New Forum team members include medical, dental, vision, paid time off (includes hourly & tipped full-time team members), birthdays off, 8 hours paid volunteer time off, 401K, College tuition reimbursement & community discounts.

Currently New Forum is hiring various positions company-wide. To view open positions, please visit www.newforum.net/careers.

About New Forum

Based in Charlotte, New Forum is a real estate development, management, acquisition, 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. New Forum began acquiring properties in 2018, including Madison Corners in Madison Park, The Design Center at Lake Norman in Mooresville, Eastway Square in Charlotte & Mountain Plaza in Kings Mountain, NC. For more information about New Forum visit www.newforum.net.

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New Forum acquisition, Madison Corners, signs new lease

Integral Performance Training Signs Lease at Madison Corners
New Forum acquisition, Madison Corners in Madison Park, signs new lease

Integral Performance Training (IPT), a performance training gym has signed a lease at Madison Corners. IPT intends to establish a new paradigm in personal training. IPT will create this precedent in training by providing an experience that is a fun, personable, customized, and accommodating experience.

IPT will occupy 1,135 square feet of retail space located at 5033 South Blvd, Suite N in the neighborhood retail center. IPT prides itself on being the most accommodating training facility in the industry. The team focuses on using science (kinesiology) to make art. A personalized program is created to meet the needs and wants of the client. IPT promotes a culture that revolves around building long-term relationships, developing consistency in your training, and helping prevent injuries, ultimately enhancing results. Moreover, IPT can guarantee that you can improve while working around your body limitations, and eventually mitigate these limitations over time.

“Movement is medicine,” says Mike Clark, Co-Founder & Owner of Integral Performance Training. “We focus on the individual needs of each of our clients. We are very intentional and goal-based in our approach. We want to transform the fitness industry in Charlotte so our clients can receive the full experience and value of what your body needs to be the best you.”

IPT also prides itself as The Safest Covid-19 Gym in Charlotte. IPT guarantees this promise by complying with the Covid-19 protocols, using a Synexis system, constant sterilization, and optional outdoor sessions if requested by the client(s).

IPT is the home for three schools of training: Performance Institute, Performance League, and Performance Corps. The Performance Institute specializes in general fitness, corrective exercise, and weight/fat loss. The Performance League specializes in athletic performance ranging from school-age to professional athletes. Lastly, the Performance Corps works directly with corporations and other small businesses in the Charlotte area that are interested in corporate wellness programs for their employees.

“Our focus is on the individual, which is why it’s so important we keep our training groups small. One-on-one, semi-private and development programs are how we can ensure we’re keeping our clients safe and giving them the experience, they deserve,” said Nick Lamach, Co-Founder & Owner, IPT.

Training will focus on 1-on-1, Semi-Private, and Athlete Group Training. Group classes will never exceed more than capacity. IPT is set to open in mid-May of 2021.

Jay Mitchener of Thrift Commercial represented the landlord on the lease transaction. Juan Pablo Vidal Garcia at HL Real Estate Group represented the tenant.

Madison Corners is a 34,710-square-foot retail strip center and a 6,600-square-foot outparcel. It has received over $1 million in capital improvements. The renovation includes a re-designed exterior, landscaping, parking lot improvements, new roof, new painting & wood features & signage.

Madison Corners is in the heart of the rapidly growing Madison Park, Montclaire, and Archdale communities, 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.

New Forum is currently seeking tenants to complement the booming Madison Park neighborhood such as high-end, fast-casual restaurants, retail, bakeries, or markets. Retail leasing of Madison Corners is handled through Jay Mitchener at Thrift Commercial. New tenants, Uptown Cheapskate, The AutoPour, The Grit Haus Cross Fit, and Fern & Ivy are now open. El Puro is under construction and hopes to open in early summer 2021.

About Integral Performance Training (IPT)

Integral Performance Training uses safe, effective, fun and multifarious types of training methods to express the importance of training as an integral component to one’s lifestyle. For more information, please visit us at www.integralperformancetraining.com or on Instagram @ipt_clt. 
About New Forum

Based in Charlotte, New Forum is a real estate development, management, acquisition, 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. New Forum began acquiring properties in 2018, including Madison Corners in Madison Park, The Design Center at Lake Norman in Mooresville, Eastway Square in Charlotte & Mountain Plaza in Kings Mountain, NC. For more information about New Forum visit www.newforum.net.

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New Forum acquisition, Madison Corners, signs new lease

Madison Perk, a new community coffee shop, has signed a lease at Madison Corners.

Madison Perk will occupy 1,627 square feet of retail space located at 5033 South Blvd., Suite L, in the neighborhood retail center. Madison Perk will offer a classic ‘cozy coffee shop’ vibe that serves elevated convenience food & provides family-friendly entertainment. The menu will be filled with coffeeshop staples and fresh grab-and-go options including salads, sandwiches, snacks and treats. In addition to delicious coffee options, customers can also enjoy craft beer and seltzers from local Charlotte hot spots.  The McFall family plans to incorporate as much of the Queen City as possible with sourcing locally & regionally. Madison Perk is set to open in Fall 2021.

“When Madison Corners was transformed in our own neighborhood, we knew this was the spot for a local coffee shop,” said Stacy McFall, co-owner of Madison Perk. “We realized; our family could bring this to the community… a place we could share with our neighbors.”

Madison Perk will have a small stage, offering unique live morning music as customers grab their coffees to-go or lounge listening to light family-friendly tunes. The coffee shop will cater to families by supplying a kid’s corner with toys & games, and regular sing-along & story time performances.

“We love the Madison Park area,” said Patrick McFall, co-owner of Madison Perk. “We are very excited and want this coffee bar to be a hub; a place that will help bring our community closer together.”

“We are thrilled to have Madison Perk choose Madison Corners for their new coffee shop,” said Tyler Steele, COO of New Forum. “This is the ideal tenant we envisioned when we upgraded the property and are excited they chose to bring this fantastic service and experience to the Madison Park community.”

Madison Corners is a 34,710-square-foot retail strip center and a 6,600-square-foot outparcel. It has received over $1 million in capital improvements. The renovation includes a re-designed exterior, landscaping, parking lot improvements, new roof, new painting & wood features & signage.

Madison Corners is in the heart of the rapidly growing Madison Park, Montclaire and Archdale communities, 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.

Jay Mitchener of Thrift Commercial represented the landlord on the lease transaction. Margie Kiss at Avison Young represented the tenant.

New Forum is currently seeking tenants to complement the booming Madison Park neighborhood such as high-end, fast casual restaurants, retail, bakeries or markets. Retail leasing of Madison Corners is handled through Jay Mitchener at Thrift Commercial. New tenants, Uptown Cheapskate, The AutoPour, The Grit Haus Cross Fit & Fern & Ivy are now open. El Puro is under construction and hopes to open early summer 2021. There are two remaining vacancies. Please reach out to Jay Mitchener at Thrift CRES if you are interested.

About Madison Perk

Madison Perk is a community coffee shop located in Madison Park, Charlotte, North Carolina.  In addition to specialty coffee beverages, Madison Perk offers elevated convenience food and family entertainment. For more information, please visit us at www.themadisonperk.com or on Instagram @themadperk. 
About New Forum

Based in Charlotte, New Forum is a real estate development, management, acquisition, 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. New Forum began acquiring properties in 2018, including Madison Corners in Madison Park, The Design Center at Lake Norman in Mooresville, Eastway Square in Charlotte & Mountain Plaza in Kings Mountain, NC. For more information about New Forum visit www.newforum.net.

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New Forum acquisition, Madison Corners, signs new lease

Fern & Ivy Signs Lease at Madison Corners

New Forum acquisition, Madison Corners in Madison Park, signs third new lease in 2020

Fern & Ivy, an upscale full-service boutique hair salon, has signed a lease at Madison Corners.

Fern & Ivy will occupy 1,588 square feet of retail space located at 5033 South Blvd., Suite J, in the neighborhood retail center. Fern & Ivy came together in early 2020 when Brittani McLiverty & Andrea Todd, Co-Owners of the Hair Salon, decided to join forces and open the concept together. The salon will offer hair services including cut, color, & certified luxury extensions.

Fern & Ivy’s goal is to exceed their guest’s expectations with outstanding salon services while also making you feel among friends. “We want our clients to enjoy a relaxed and comfortable atmosphere while still receiving the best care for their hair,” said Brittani McLiverty, Co-Owner of Fern & Ivy. “We are committed to creating a culture that is filled with positive energy & inviting space. We believe in great hospitality and we are building a space that will deliver on that.” Fern & Ivy plans to focus on training & education when they begin to hire team members. Construction is set to begin immediately. Fern & Ivy is set to open in Q4 2020.

“Madison Corners had the vibe we were looking for,” said Andrea Todd, Co-Owner of Fern & Ivy. “We love the Madison Park neighborhood & are excited to be bringing in the first high-end salon to compliment it! We look forward to meeting our new neighbors!”

“We are thrilled to have Fern & Ivy choose Madison Corners for their new Salon,” said William Hodges of New Forum. “This is the ideal tenant we envisioned when we upgraded the property and are excited they chose to bring this fantastic service and experience to the Madison Park community.”

Madison Corners is a 34,710-square-foot retail strip center and a 6,600-square-foot outparcel. It has received over $1 million in capital improvements. The renovation includes a re-designed exterior, landscaping, parking lot improvements, new roof, new painting & wood features & signage.

Madison Corners is in the heart of the rapidly growing Madison Park, Montclaire and Archdale communities, 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.

Jay Mitchener of Thrift Commercial represented the landlord on the lease transaction. Dominique Bianco at Blanq Real Estate and Commercial Property Management represented the tenant.

New Forum is currently seeking tenants to complement the booming Madison Park neighborhood such as high-end, fast casual restaurants, coffee shops, bakeries or markets. Retail leasing of Madison Corners is handled through Jay Mitchener at Thrift Commercial. New tenants, Uptown Cheapskate & The AutoPour are now open.

About Fern & Ivy

Fern & Ivy is an upscale hair salon located in Madison Park. At Fern & Ivy, we strive to bring together and create a family of passionate professionals who love to serve our guests and exceeds expectations. We share a value in education, positivity, creativity, and community.  For more information, please visit us at www.fernivyhair.com or on Instagram @fernivyhair.  

About New Forum

Based in Charlotte, New Forum is a real estate development, management, acquisition, 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. New Forum began acquiring properties in 2018, including Madison Corners in Madison Park, The Design Center at Lake Norman in Mooresville, Eastway Square in Charlotte & Mountain Plaza in Kings Mountain, NC. For more information about New Forum visit www.newforum.net.

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Two Silver Crescent Wins Top Office Development Multitenant Award!

We’re excited to announce that Two Silver Crescent was selected as the winner for the Top Office Development Multitenant at the 2020 Heavy Hitters Awards, hosted by the Charlotte Business Journal!

New Forum acquisition, Madison Corners, signs new lease

Havana Carolina Owner Plan to Open New Restaurant Concept
El Puro Cuban Restaurant in Charlotte
Upscale Cuban Restaurant Lease at Madison Corners

El Puro Cuban Restaurant, a family-owned & operated full-service upscale Cuban restaurant has signed a lease at Madison Corners for their second restaurant concept. The owners currently operate Havana Carolina Restaurant & Bar in Concord, North Carolina.

El Puro Cuban Restaurant will occupy 5,500 square feet of retail space located at 5033 South Blvd., Suite H, in the neighborhood retail center. El Puro Cuban Restaurant will offer a taste of Old Havana in a lively-glamorous setting with happy hours, live entertainment, and hand-rolled cigars. Dishes are inspired by family recipes and staples of Cuban Cuisine. Construction on El Puro will begin immediately. This will be the restaurant’s second restaurant concept. They currently have a restaurant in Concord, North Carolina, Havana Carolina. El Puro Cuban Restaurant is set to open by Q2 2021.

“We are thrilled to have El Puro Cuban Restaurant choose Madison Corners for their second restaurant concept in North Carolina,” said William Hodges of New Forum. “This is the ideal tenant we envisioned when we upgraded the property and are excited they chose to bring this fantastic family restaurant to the Madison Park community and fill a large void of Cuban cuisine throughout South Charlotte.”

Madison Corners is a 34,710-square-foot retail strip center and a 6,600-square-foot outparcel. It has received over $1 million in capital improvements. The renovation includes a re-designed exterior, landscaping, parking lot improvements, new roof, new painting & wood features & signage.

Madison Corners is in the heart of the rapidly growing Madison Park, Montclaire, and Archdale communities, 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.

Jay Mitchener of Thrift Commercial represented the landlord on the lease transaction. Shawn George at Queen City Commercial represented the tenant.

New Forum is currently seeking tenants to complement the booming Madison Park neighborhood such as high-end, fast casual restaurants, coffee shops, bakeries or markets. Retail leasing of Madison Corners is handled through Jay Mitchener at Thrift Commercial. New tenants, Uptown Cheapskate & The AutoPour are now open.

About El Puro Cuban Restaurant

El Puro Cuban Restaurant is family-owned and operated. It flaunts the endeavor, the courage, and the strength of those who look for success in new places. El Puro Cuban Restaurant is a space where Old Cuba meets modern Charlotte. El Puro in its essence is inspired by the elegance and the history of pre-revolutionary Havana in the 1950’s. For more information about the owners, please visit their Concord, North Carolina concept: Havana Carolina www.havanacarolina.com.

About New Forum

Based in Charlotte, New Forum is a real estate development, management, acquisition, 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. New Forum began acquiring properties in 2018, including Madison Corners in Madison Park, The Design Center at Lake Norman in Mooresville, Eastway Square in Charlotte & Mountain Plaza in Kings Mountain, NC. For more information about New Forum visit www.newforum.net.

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Odyssey Logistics & Technology Corporation Signs New Lease at Two Silver Crescent

Odyssey Logistics & Technology Corporation (Odyssey), the global leader in complex logistics and technology solutions, has signed a lease at Two Silver Crescent, New Forum’s recently delivered Class A office building in Ayrsley.  

Odyssey will occupy 22,000 square feet of office space-the the entire top floor-at Two Silver Crescent. Odyssey is a global logistics solutions provider with a freight network exceeding $3B globally. Odyssey offers a broad portfolio of services including intermodal, over-the-road trucking, warehousing, domestic and global freight forwarding, managed services, logistics technology and consulting. Serving multifaceted, intricate logistics needs, Odyssey operates in high-barrier-to-entry markets with specialized transportation. Odyssey develops targeted, comprehensive logistics services that address each client’s unique set of challenges, systems, products and vision. Construction at Odyssey will begin immediately. The new office location is set to open by August 2020.

“Since 2003, the Charlotte market has been a key hub for our global services and customers. This new space in Ayrsley will help give Odyssey a competitive edge for talent recruitment and retention,” said Robert Boyle, Vice President of Odyssey North America MLS.  “We look forward to moving into our new home and to continuing our partnership with New Forum, who have been incredible partners throughout this process.”

Two Silver Crescent is an 88,000-square-foot of Class A office space, in 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 includes free, covered parking (4.0/1,000 sf parking ratio), 10’ ceilings with collaborative & private areas through the building.  The tech / creative class design will assist Odyssey’s effort to attract the best of the next-generation workforce.

“We are so excited to welcome Odyssey to the community,” said William Hodges of New Forum, VP & Broker-in-Charge. “This is the ideal tenant we envisioned when designing Two Silver Crescent and we think they will be a perfect complement to Ayrsley.”

Tripp Guin and Mary Allison Mitchell of TRIPP Commercial represented Odyssey. Landlord was represented by William Hodges at New Forum.

Three floors totaling 66,000sf remain in Two Silver Crescent. New Forum is currently seeking tenants to complement Ayrsley’s live, work, play dynamic. 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.

New Forum Partners Acquires Mountain Plaza

New Forum Partners has announced its latest acquisition of Mountain Plaza, a 34,000 square-foot shopping center located in Kings Mountain, North Carolina.

Mountain Plaza is located approximately 25 miles outside of Charlotte off I-85. Anchors include Food Lion, Dollar Tree and Sunway (outparcel). The neighborhood shopping center is 100% occupied and located at the intersection of East King St. & York Rd, in Kings Mountain. The acquisition will be a part of the same portfolio as Eastway Square, a Food Lion anchored center in Charlotte that New Forum Partners purchased in March.

“We are very excited about the acquisition of Mountain Plaza and the tenancy it brings to our Food Lion portfolio.” said William Hodges, Managing Partner at New Forum Partners, “With 90% of the tenancy considered essential we like the stability this asset provides as well as the long-term growth of Kings Mountain accelerated by the recent announcement of the Catawba Indian casino.”

New Forum Partners sourced the deal off-market from the seller Faison. Similar to the Eastway Square acquisition Atlantic Union Bank provided debt.

New Forum Partners acquisition, Madison Corners, signs new lease

The Grithaus CrossFit CLT, a training system and lifestyle that builds strength and conditioning through varied workouts, has signed a lease at Madison Corners. Local real estate firm New Forum, Inc. launched the dedicated platform, New Forum Partners, focused exclusively on new development and acquisitions in Summer 2018.

The Grithaus CrossFit CLT will occupy 5,200 square feet of retail space located at 5033 South Blvd., Suite A, in the neighborhood retail center. The CrossFit program is designed for universal scalability. Workouts can be adapted for people at any age and level of fitness. Each day the workout will test a different part of your functional strength or conditioning, not specializing in one particular thing, but rather with the goal of building a body that’s capable of practically anything and everything. The CrossFit lifestyle combines diet and exercise for long-term health. The fitness concept will hire between 6-10 employees ranging from management and part-time positions. Construction at The Grithaus CrossFit CLT will begin within the next 45 days and is moving from their current location on South Tryon where they had a successful business for nine years. The Grithaus CrossFit CLT’s new location is set to open by Q3 2020.

“We are a place that changes people’s lives through health and fitness,” said Kevin Steinhaus, Managing Partner at The Grithaus CrossFit CLT. “It does not matter where someone is in their fitness level, we are able to make changes to improve their overall health and fitness. We are looking for people that are happy, hungry, and humble and want to not only kick butt in their 20s and 30s but also their 70s, 80s, and 90s.”

Future members will have the option to sign up online, on the phone, or in person. Each new member will go through an initial consultation to discuss with a certified trainer their goals, guidelines, and expectations. 

“We are so excited to have GritHaus CrossFit choose Madison Corners,” said William Hodges of New Forum Partners. “This is the ideal type of fitness tenant we envisioned when we upgraded the property and are excited Kevin chose to re-locate their business to the Madison Park community.”

Madison Corners is a 34,710-square-foot retail strip center and a 6,600-square-foot outparcel. It has received over $1 million in capital improvements. The renovation includes a re-designed exterior, landscaping, parking lot improvements, new roof, new painting & wood features & signage.

Madison Corners is in the heart of the rapidly growing Madison Park, Montclaire and Archdale communities, 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.

Jay Mitchener of Thrift Commercial represented the landlord on the lease transaction. Bill Diehl at Diehl Properties represented the tenant.

New Forum Partners is currently seeking tenants to complement the booming Madison Park neighborhood such as high-end, fast casual restaurants, coffee shops, bakeries or markets. Retail leasing of Madison Corners is handled through Jay Mitchener at Thrift Commercial. New tenants, Uptown Cheapskate & The AutoPour will open as soon as the COVID-19 pandemic restrictions are lifted.

New Forum Partners Acquires Eastway Square in Charlotte

New Forum Partners has announced its latest acquisition of Eastway Square, a 141,049 square-foot shopping center located in Charlotte, North Carolina.

Eastway Square is a highly visible center anchored by Food Lion, Ross Dress for Less and Its Fashion Metro on 14.7 acres. The neighborhood shopping center is 100% occupied and located at 3211 Eastway Drive, Charlotte, NC 28205. “The accelerated growth of the neighboring communities in Windsor Park and Commonwealth Park fueled by the popularity in Plaza Midwood has us excited about the Central Avenue corridor,” said William Hodges, Managing Partner at New Forum Partners, “Eastway Square provides us a well-positioned asset with long-term stability with which we are able to access this growing part of an already fast-growing city.”

New Forum Partners sourced the deal off-market from the seller BC Wood Properties out of Lexington, Kentucky. Atlantic Union Bank provided debt for the acquisition.