New Forum Partners acquisition, Madison Corners, signs new lease

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The Auto Pour (T.A.P.), an automated and self-serve tasting room, has signed a lease for its flagship location in Charlotte, NC with Madison Corners, New Forum Partners latest acquisition. 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 Auto Pour (T.A.P.) will occupy 2,906 square feet of retail space located at 5033 South Blvd., Suite O, in the neighborhood retail center. The Auto Pour’s self-serve tasting room offers new & innovate technology with taps that provide mere ounces for a tasting, half glass & full glass, all with the swipe of a customer’s stored value card. Guests can choose from a variety of wine, beer and hard cider. Technology is provided by Napa Technology WineStation and Pour My Beer Technology. The Auto Pour (T.A.P.) is set to open in Summer 2019.

“We are thrilled to now be part of the Madison Park community and showcase our passion for wine & the Napa Technology WineStation, which is brand new to Charlotte,” said Megan Benny, Co-Owner & General Manager of The Auto Pour (T.A.P.) “This area has a close-knit feel. We love what New Forum Partners has done to this retail center and look forward to contributing to the community.”

Customers can expect to explore sixty-four wines on tap from global, national and local wineries. There will also be a combination of eighteen beer, hard cider and kombucha on tap. Staff will be on hand to answer questions on selection and small plates will be served from the kitchen.  The casual atmosphere will include comfortable seating, community tables, a pet-friendly outdoor patio, live music and events throughout the year. “We love that our customers will have the independence to try what they want, when they want. We’ll also have a bottle shop & retail section to conveniently grab-n-go,” added Benny.

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, painting & wood features & signage.

Madison Corners is 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.

Jay Mitchener of Thrift Commercial represented the landlord on the lease transaction. Lynn Caldwell of CRE Charlotte, Inc represented the tenant. Architect/interior designer is Raleigh-based Osterlund Architects, PLLC.

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, bakeries or markets. Retail leasing of Madison Corners is handled through Jay Mitchener at Thrift Commercial.

About The Auto Pour (T.A.P.)

Located in Charlotte, North Carolina, The Auto Pour (T.A.P.) is an automated and self-serve tasting room showcasing sixty-four global, national & local wines on tap, as well as a combination of eighteen beer, hard cider and kombucha on tap. Combining passion for wine & technology, the Myers Park retail location utilizes Napa Technology WineStation and Pour My Beer Technology, giving guests the opportunity to choose how much they pour, try and spend. The Auto Pour offers an industrial atmosphere, inviting seating and a pet-friendly outdoor patio. For more information please email theautopour@gmail.com

About New Forum Partners
Founded in 2018 to capitalize on New Forum’s development experience in an opportunistic real estate market, New Forum Partners primary focus is new development opportunities with additional lines of business in third party, fee-based development as well as acquisitions.

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.

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