Affordable Custom Iron Relocates Due to Light Rail Line
May 12, 2006

Afforadable Custom Iron formerly of 3610 South Blvd. purchased the building located at 509 Scholtz Road. Frank McCleneghan of Piedmont Properties represented the Buyer; Buyer having to relocate because of the new light rail line. Jim Plyler of Piedmont Properties was the listing agent and represented the Seller. The property was a great match for the new owner with the new location being only approximately one mile from their previous location.

Industrial Condominum Satisfies 1031 Exchange
April 13, 2006

Jim Plyler of Piedmont Properties represented a local investor on a 1031 exchange. The investor purchased a leased industrial condominium from MPP Westinghouse LLC located on Nations Ford Road in Charlotte, NC.

Full Asking Price Secured for N Tryon Property Seller
March 8, 2006

Steve Gentry and Jim Plyler of Piedmont Properties represented the Seller on a recent transaction at 4509 N Tryon Street, Charlotte, NC. The single tenant retail building was leased on a month to month basis to a tenant. The Sellers did not want to distrub the tenant and asked that a sign not be put on the property. By canvassing the neighborhood and drawing from a pool of investors the brokers were able to sell the property with multiiple offers at Seller's full asking price.

Los Angeles Based Company Finds Seventh Home in South End
January 01, 2006

American Apparel of Los Angeles, CA has leased 5,000 square feet at the corner of Camden and S Tryon in the South End area of Charlotte, NC. Frank McCleneghan of Piedmont Properties assisted American Appareal in the selection of the site making it one of seven in North America. American Apparel specializes in American made t-shirts and apparel and plan to open in January 2006.

Jay Street Building Sells
December 9, 2005

Listing brokers, Jim Plyler and Scott Hensley of Piedmont Properties, represented the Sellers of 900 Jay Street to JR Cole Industries. The property, owned by a local trust, was sold to be used as a corrugated packaging facility for the pharmaceutical industry. The building is 29,000 square feet and is located close to downtown Charlotte and all of the major interstates.

New Auto Dealership to Open in Union County
October 14, 2005

Spurred by rapid growth in Union County a regional car dealership group recently purchased the former Suzuki dealership located at 3842 W Roosevelt Blvd in Monroe, NC. The property sold for $2.25 million and was handled by Piedmont Properties brokers, Jim Plyler and Steve Gentry. The new ownership group has plans to open under a national brand.

Lone Star Steaks Coming to Monroe
September 19, 2005

Piedmont Properties brokers Jim Plyler and Steve Gentry recently handled the sale of a 1.47 acre tract at Poplin Place in Monroe, NC. Poplin Place is a new power center west of Monroe on US 74. Anchor tenants include Target, Best Buy, TJ Maxx, Petsmart, and Chili's Grill and Bar. Lone Star will locate on an outparcel to this power center. The site sold for $925,000.00.

Piedmont Properties Provides Quick Solution
September 1, 2005

Zimmer-Hester Furniture Liquidators leased two buildings totaling 106,000 square feet to serve as their distribution center for Rhodes Furniture liquidation sale. Piedmont Properties represented both Zimmer-Hester and the owners of 1018 Jay Street and 900 Jay Street. Because of a tight delivery schedule, Zimmer-Hester needed to secure warehouse space quickly. Scott Hensley and Jim Plyler of Piedmont Properties were successful in locating two suitable properties, negotiating two separate lease agreements and delivering keys to Zimmer-Hester within six days for their property search.

Star Holdings Acquires Additional Investment Property
June 30, 2005

Charlotte based Star Holdings, LLC acquires a two building, multi-tenant investment property totaling 33,000 SF near NorthLake Mall in Northeast Charlotte. This is the second investment transaction in which Piedmont Properties has represented Star Holdings, LLC; both purchases are value-added investments requiring substantial investment. The property is located at 8424 and 8432 Old Statesville Road.

Former Krispy Kreme Manufacturing Facility Sells
June 1, 2005

Listing brokers Scott Hensley and Steve Gentry, of Piedmont Properties, worked with Krispy Kreme Doughnuts on the sale of the former manufacturing facility on Wilkinson Blvd in Charlotte, NC. Broker Jim Plyler also with Piedmont Properties represented the buyrs, a local investment group.

Short plans call for leasing of the facility, which will be handled by Piedmont Properties, and eventually a redevelopment of the property to a retail oriented project. With the site being near the new Wal-Mart Supercenter expectations are high that a quality redevelopment of the site will be in the near future.

Local Landmark Restaurant Sells
May 31, 2005

Harris Grille, located on Statesville Road in the Harris Corners Development, recently sold to Hickory Tavern. Steve Gentry and Jim Plyler of Piedmont Properties represented the sellers of the property. After a new make over and a new menu the Hickory Tavern reopened. The restaurant located near the new North Lake Mall on Harris Blvd. sold for $2.7 million and it included the real estate, furniture, fixtures, and equipment.

High Profile Site Sells to Local Developer
May 16, 2005

Jim Plyler of Piedmont Properties brokered the sale of the corner of Randolph Road and Laurel Avenue to The Boulevard Company. The buyer initially was seeking a rezoning on the property to a higher density residential development. After neighbors resisted the rezoning, The Boulevard company purchased the property anyway. They plan to develop the site with twenty-one townhomes, which is allowed under the current zoning.

The site had been for sale for three years with other brokerage firms and Piedmont Properties was able to identify and put the site under contract within sixty days of the listing agreement.

I-85/University City Boulevard Site Sells for $5.5 Million
April 26, 2005

Crescent Resources, a division of Duke Energy, has sold a 73 acre site at the new interchange of I-85 and University City Blvd. Jim Plyler of Piedmont Properties represented the buyers in the sale of the property. The buyers, an investment group, plan to develop a master plan and install infrastructure to coincide with the new University connector. City officials estimate the opening of the road within two to three years.

Piedmont Properties Develops 12.5 Acre Site Home to Acton and TLS
April 1, 2005

Piedmont Properties recently developed a 12.5 acre truck depot site on Starita Road, less than one mile from the I-85 and I-77 interchange. This site made home to Acton Mobile Storage and Truck Lease Services

Acton Mobile Services is a new player in the mobile office market but they are led by industry veteran Rob Sizemore. www.actonmobile.com

Truck Lease Services, headquartered in Winston Salem, offers container drayage and storage as well as intermodal, truckload, and LTL transportation services. TLS relocated to Starita Road from Mt. Holly, NC due to better rail and interstate accessibility resulting in a better service their customers.

Conveniently Located Former Great Coastal Facility Provides Solution for CAM Properties
April 1, 2005

CAM Properties recently purchased the former Great Coastal terminal located at 1000 Thomasboro Road. This centrally located property, accessible by I-85 via the Glenwood exit, will accommodate CAM Fabrication and ACCESS Accessories thus providing easy access for their customers. According to CAM's local manager, combining these two operations into one cental location will allow them to be more competitive in the Charlotte market; which in turn will further their success.

CAM recently vacated a 10,000 SF facility in the Greenbriar Business Park on Taggart Creek which Piedmont Properties has listed for sale with an asking price of $795,000.00.

Downtown Matthews Acquires Accommodating Practicioner
February 23, 2005

Dr. Will Conner purchased 3,700 SF at Matthews Corner located on West Matthews Street in downtown Matthews, NC. He is a general practicioner with a Spanish-fluent staff to accommodate most all patients. Dr. Conner moved in February 2005.