Welcome Jerry Gronske!

Please join us in welcoming Jerry Gronske as Cushman & Wakefield’s newest Carolina's PDS team member! Jerry joins our team as Project Management Director and will focus on growing his existing relationships, developing new ones and helping our clients plan and execute successful projects. He is highly experienced with over  26-years leading real estate construction, business expansion, reorganization, and relocation projects. As President of Gronske & Associates for the last 14-years, Jerry successfully managed diverse teams of business executives, building owners, design, construction, and relocation companies. His track record of success lies in his ability to plan, organize, communicate, and bring together diverse constituencies to achieve common goals. Jerry owned his own Project and Development Services company in California and was doing a lot of work in the South East.  He was on a plane far too much and his clients needed more services than he could offer.  So he decided he was going [...]

2019-02-05T13:53:43-04:00February 5th, 2019|In the News|

Cushman & Wakefield Selected by Artesia Real Estate to Lease, Project Manage and Property Manage General Assembly

125,000 SF Adaptive Reuse Development Includes Office and Retail Space  CHARLOTTE, North Carolina, January 22, 2019 – Cushman & Wakefield has been selected by Artesia Real Estate to lead the redevelopment, lease and property management of General Assembly, a 125,000 square-foot adaptive reuse project located in Charlotte, North Carolina.   “General Assembly promises to be a catalytic development project along the North Tryon corridor and Artesia is excited to lead the transformation of the property into a creative office and retail destination,” said Colin Brothers, Founder, Managing Principal at Artesia. “The City of Charlotte has identified this area as an opportunity corridor and we couldn’t agree more. With its close proximity to Uptown, breweries and restaurants and ideal location across from light rail, we hope General Assembly will be a part of North Tryon’s evolution into a thriving commercial district. We are proud to be working with Cushman & Wakefield and RedLine Design to bring this project to life.”   Kris Westmoreland will oversee leasing, and Josh Hammer, on the Asset Services team lead by Wendy Monroe, will serve as the property manager. Additionally, the owner has [...]

2019-01-22T10:37:41-04:00January 22nd, 2019|In the News|

Katten, Cushman & Wakefield to Host Industry Veterans at 12th Annual Outlook on the Commercial Real Estate Market

(Charlotte, N.C.) – Katten Muchin Rosenman LLP and Cushman & Wakefield announced today that it will host eight industry specialists for its 12th Annual Outlook on the Commercial Real Estate Market. The free, invitation-only event is Thursday, January 10 in uptown Charlotte. “Each year we look forward to offering the Charlotte business community an opportunity to discuss real estate trends and issues facing the industry in the coming year,” said Dan Huffenus, event host and Katten’s Charlotte Managing Partner and Real Estate Practice Head. “This year, for the first time, we will hear from a variety of industry leaders to get a broader perspective of what’s impacting the market across multiple areas including office, multi-family, retail and industrial developments.” Revathi Greenwood and David Smith from Cushman & Wakefield will be the keynote speakers for the event. Greenwood will also be joined for a panel discussion by several of the region’s [...]

2019-01-09T16:48:46-04:00January 9th, 2019|In the News|

Cushman & Wakefield Completes $39M Sale of CompuCom World Headquarters for The Keith Corporation and MPV Properties

Headquarters Building Houses Largest Employee Computer Tech Workforce in North America CHARLOTTE, North Carolina, Jan. 3, 2019 – Cushman & Wakefield’s Charlotte Capital Markets team has arranged the $39 million sale of CompuCom’s World Headquarters, a 150,000-square-foot building located in Fort Mill, South Carolina. Rob Cochran, Jared Londry and Nolan Ashton of Cushman & Wakefield represented the seller, The Keith Corporation and MPV Properties, in the transaction. The property was acquired by Capital Square 1031, a sponsor of Delaware statutory trust offerings, which was represented by Matt Bear of Bear Real Estate Advisors. The three-story building is fully leased to CompuCom Systems, a wholly owned subsidiary of Office Depot, through 2032. The 19.4-acre site is located in Bailes Ridge Corporate Park on U.S. Highway 160, near U.S. Highway 521, and just south of Ballantyne, a neighborhood in Charlotte, North Carolina. The building, completed in 2018, is the first in the [...]

2019-01-04T10:03:18-04:00January 4th, 2019|In the News|

Cushman & Wakefield Arranges $30.3M, 388-unit Multifamily Portfolio Sale

CHARLOTTE, North Carolina, December 6, 2018 – Cushman & Wakefield has arranged three multifamily sales in Rock Hill, South Carolina, for a total of $30.3 million. Watson Bryant, Paul Marley and Brooks Colquitt represented the sellers in the transactions. New Jersey-based property owner FriedLam Partners acquired the properties. “We are excited to expand our Charlotte portfolio with these solid value-add assets in Rock Hill,” said Nathan Friedman, Principal of FriedLam Partners. “We look forward to making improvements to the properties.” The Gramercy and The Fields Riverview were sold by Varden Capital Partners and Elite Street Capital, respectively. They are exceptionally located due to their proximity to the booming I-77 corridor, making the properties commuter-friendly to Charlotte. The third property, Willow Glen, was also sold by Varden Capital Partners and features large townhome layouts. It is near the Knowledge Park development site, which will feature office space, restaurants, breweries and retail [...]

2018-12-11T11:12:49-04:00December 11th, 2018|In the News|

Cushman & Wakefield Bolsters Charlotte Valuation & Advisory Team with Addition of Four Veteran CRE Executives

CHARLOTTE, NORTH CAROLINA, November 21, 2018 – Cushman & Wakefield announced today that the firm has significantly bolstered its Charlotte Valuation & Advisory (V&A) practice with the addition of Senior Director Decker Dickson and Directors Bill Hicks, Ben Riddle and Jim Lynch, MAI. “V&A presents a strategic growth opportunity for Cushman & Wakefield in the Charlotte region and throughout the Southeast,” said Brett Gray, Cushman & Wakefield Charlotte Managing Principal. “Adding top, market-leading talent in each of our service lines is imperative as well, and we’ve certainly accomplished that with the addition of Decker, Bill, Ben and Jim.” Decker Dickson has more than 20 years of commercial real estate experience, and he is licensed in North Carolina, South Carolina, Georgia, Alabama and Tennessee. Decker’s primary market coverage includes Georgia, North Carolina and South Carolina, and he currently serves as the head of the South Carolina market. His primary specialties include [...]

2018-11-27T10:59:00-04:00November 27th, 2018|In the News|

Cushman & Wakefield Arranges $136.8M Sale of Lash Group’s HQ Campus

CHARLOTTE, North Carolina, November 21, 2018 – Cushman & Wakefield has arranged the $136.75 million sale of Lash Group’s two-building, 421,863-square-foot headquarters campus located in Fort Mill, South Carolina. Rob Cochran, Jared Londry and Nolan Ashton of Cushman & Wakefield’s Charlotte office represented the seller in the transaction, and Sentinel Acquisitions acquired the property. “The Lash Headquarters Campus was the perfect offering for investors in today’s market who are looking for high quality buildings offering attractive yields secured by investment grade credit,” said Rob Cochran, Managing Director of Cushman & Wakefield. “More than 120 investor groups, including many from Europe, the Middle East, and Asia, pursued the offering. All were attracted by the modern office construction in the dynamic Kingsley mixed-use development and the long-term lease with The Lash Group, a subsidiary of AmeriSourceBergen.” Lash 1.0, located at 1800 Innovation Point, was built in 2016 and totals 247,834 square feet, [...]

2018-11-21T12:17:22-04:00November 21st, 2018|In the News|

Carolina’s PDS Team Completed 70,000 SF Charter High School

Charlotte Project & Development Services (PDS) team member Lexee Zutz with support from Carolina’s Senior Managing Director Andrew Laing and Assistant Project Manager Summerlin Gillam recently completed a 70,000 square foot charter high school for Corvian Community School. A new ground-up building, it was constructed in 13 months on a densely wooded 10 acre site. This state-of-the-art school consists of sixteen classrooms plus science rooms, an innovation robotics lab and an art wing with small group seminar breakout spaces spread throughout the corridors. Each classroom and lab has large windows positioned for direct views to the surrounding natural areas and a dining patio provides a space for students to be outside during the school day. A two-story multi-purpose dining space with a grand staircase was designed to allow auditorium seating and an area for students to study and collaborate. The regulation size gym includes six motorized retractable basketball goals, two [...]

2018-11-13T09:01:55-04:00November 13th, 2018|In the News|

Cushman & Wakefield Arranges $37.5M Sale for The Sterling Group

CHARLOTTE, North Carolina, November 12, 2018 – Cushman & Wakefield has arranged the $37.5 million sale of The Reserve at Magnolia Ridge, a 360-unit apartment community located in Cary, North Carolina. Watson Bryant, Paul Marley and Marc Robinson of Cushman & Wakefield represented the seller, The Sterling Group, in the transaction. DASMEN Residential acquired the property. “We were fortunate to invest in this value-add opportunity in an incredibly strong market,” said Larry Swank, CEO of Sterling Group. “We believe DASMEN Residential will continue to experience strong demand for the upgraded product and benefit from the overall capital investment accomplished throughout our hold period.” DASMEN plans to rebrand the property as Aurella Cary and renovate apartment interiors including the addition of quartz countertops and other best-in-class unit finishes. The company plans to create a DASMEN “resort experience” for its residents by renovating the resident clubhouse as well as pool, tennis court, [...]

2018-11-12T14:56:18-04:00November 12th, 2018|In the News|

Cushman & Wakefield Represents TWO Capital Partners in Sale of Greenville Office Campus

CHARLOTTE, NC, November 7, 2018 – Cushman & Wakefield announced today that it has negotiated the sale of Harbinger, a 162,962-square-foot, three-building office portfolio in Greenville, SC. Cushman & Wakefield Managing Director Rob Cochran, Director Jared Londry and Associate Nolan Ashton represented the seller, TWO Capital Partners, LLC. The buyer CCP Commercial Real Estate, LLC, acquired the asset for $22 million. The 93% leased office campus is located at the Interstate 385 and North Pleasantburg Drive interchange, minutes from Downtown Greenville. Originally constructed in 1982, the Class A office campus was fully repositioned in 2017 and 2018, with nearly $3.5 million invested in building enhancements including improved building systems, an on-site fitness center and refreshed exterior that make Harbinger a best-in-class suburban asset. “We simply listened to our customers, existing and prospective tenants, to understand what was wanted in today’s office setting. They told us what they wanted, and we [...]

2018-11-07T11:38:12-04:00November 7th, 2018|In the News|