Morrison At SouthPark Signs TrySports

TrySports will occupy the space formerly held by Stickley Furniture at the busy corner of Sharon and Colony Roads in the prestigious SouthPark submarket. Morrison at SouthPark is a Class-A mixed-use development that contains 131,430-sqft of retail space anchored by Barnes & Noble and Earth Fare.

The new store will occupy 13,770-sqft in a partnership with North American Fitness, will expand the company's primary focus to include more varied fitness-related products and services, such as equipment and clothing for running and walking, yoga, triathlon and bicycling, nutrition products, a bike service center, fitness classes and community runs.

Prime  Location: 35.156407,-80.824865 
4001 Cornerwood Lane Charlotte, NC 28211
From: Morrison At SouthPark

AXA Equitable Signs Lease At Innovation Park

AXA Equitable Life Insurance Co., the New York-based company with operations in Charlotte since 1998, will be moving next year. Innovation Park’s listed rates are between $16 and $18-sqft, though terms of the lease weren’t disclosed. Located at University City in north Charlotte, Innovation Park is a state-of-the-art work environment featuring a full range of attractive amenities for employees, including outdoor nature lounges, a gym, and partnership services such as a day care and dry-cleaning deliveries.

BECO Management purchased the the once-bustling 200-acre property in early 2010, which had IBM’s high-tech infrastructure, and is now undergoing a $30-million renovation. Existing tenants include IBM, Siemens Energy, Aon Hewitt insurance services, and Areva nuclear power company.

CharlotteLaw Leases Space Uptown

CharlotteLaw has signed a short term lease for 40,000-sqft of office space at Gateway Center in uptown Charlotte. The Charlotte School of Law says the facilities will be used for first year courses until it can secure a longer term space. Study space, storage lockers, free shuttle between the two locations, and academic / career support staff will also be available.

EpiCentre Exits Bankruptcy Protection With New Owners

Blue Air 2010, a Boston-based hedge fund, acquired the EpiCentre’s $93.9 million debt in November 2010 from Regions Financial Corp. EpiCentre's original developers, Afshin Ghazi and George Cornelson III, went into Chapter 11 bankruptcy to avoid foreclosure. The project's unsecured creditors could have lost most of their claims but will now be paid in full, according to the the reorganization plan approved by the court.

The deal includes:

• 302,000-sqft entertainment complex 
• anchor tenant EpiCentre Theaters 
• rights to parking deck revenue from 400 parking spots 
• the development rights for a condominium project on the building’s rooftop 
• The leases are being assumed and continuing relationship 

The popular complex is located on the site of the former convention center at College and East Trade streets in uptown Charlotte.

Whitehall Parc Land Acquired For Apartments

The new Class A garden-style luxury apartments will feature multiple floor plans and include amenities such as a club room, cyber café, fitness center and resort-style pool. Located near the intersection of I-485 and Arrowood Road in Charlotte’s southwest corridor, which is the second largest job center, and is close to major retail centers, restaurants and other amenities.

• 13-acres
• 298-units
• $30-million

From: Global Growth Trust, Inc., a real estate investment trust (REIT) in a joint venture with an affiliate of Woodfield Investments, a regional developer of multifamily communities

Rooster’s Wood-Fired Kitchen Opens Uptown

Located in uptown Charlotte, Rooster’s now occupies 5,000-sqft in the One Bank of America Center on College Street, and via the building’s urban garden on the second floor. Featuring reclaimed barn wood, hand-forged iron fixtures and built-in wooden wine racks, the restaurant is owned by Jim Noble.

Fairview Center Gets New Leasing Agency

Fairview Center One, a seven-story, 118,867 square-foot, Class-A office building, is located at 6302 Fairview Road; Fairview Center Two, a four-story, 62,781 square-foot, Class-B office building is located at 6230 Fairview Road. The properties both feature views of Charlotte’s Uptown and SouthPark and are situated across Fairview Road from SouthPark Mall, and are also convenient to 42 dining establishments, a 17,000 square-foot fitness center and four hotels. Both properties feature newly renovated lobbies, conference facilities and on-site restaurants.
 Prime  Location: 35.149852,-80.836273

From:Jones Lang LaSalle