Crosland Southeast Begins Redevelopment of Quail Corners

Charlotte, N.C., Oct. 25, 2011 – Crosland Southeast is leading the much-anticipated $6 million redevelopment of Quail Corners, a 113,000 square-foot, neighborhood retail center in south Charlotte. Site work will begin this week.

“We are delighted to commence the much needed infrastructure work to kick off the redevelopment,” said Peter B. Pappas, partner of Crosland Southeast. “Ultimately this will improve pedestrian and vehicular circulation which, along with building renovations, will enhance the shopping and dining experience for loyal customers of Quail Corners.”

All entrances will remain open during the site work stage while the interior parking lot is reconfigured and a portion of the perimeter berm is removed. The Spring will bring commencement of the Harris Teeter vestibule expansion and the refacing of all the storefront exteriors with a combination of brick masonry and stucco as well as an open-air plaza for outdoor dining and weekend entertainment. Several spaces will be reconfigured next year as well; all in anticipation of a fall 2012 completion. (Note to Media: for a printable site plan, please click here: http://shopquailcorners.com/Site_Plan_files/QCSC_Site_Plan.pdf)

CNL Crosland Commercial Real Estate’s retail property management and leasing team is in active negotiations with many restaurants and services to bring the shopping center to 100% occupancy. Salsaritas will remain in its current location through the end of the year, at which point they will relocate to an in-line location.
The Quail Corners redevelopment architect is BB+M Architecture and the general contractor is Myers & Chapman. This is Crosland Southeast’s second redevelopment to begin this week; the company began redevelopment today of Cloverleaf Mall to become Stonebridge in Richmond, Va.

About Quail Corners

 
Quail Corners, anchored by a Harris Teeter and Rite Aid, is a 113,000-square-foot unique neighborhood retail center providing shoppers with a diverse mix of specialty shops, restaurants and retail businesses. Located at the intersection of Park Road, Gleneagles Road and Sharon Road West in South Charlotte, it is easily accessible to residents in SouthPark, as well as neighborhoods bordered by Highway 51 and South Boulevard.

About Crosland Southeast

Crosland Southeast is a retail development firm whose partners have a combined 110 years of experience in the shopping center industry. The firm provides a broad range of services from single tenant development services to large-scale open air lifestyle developments and mixed/multi-use projects throughout the Carolinas, Tennessee and Virginia. Crosland Southeast’s retail development team was responsible for popular shopping centers such as Blakeney and Birkdale Village in Charlotte, N.C., Providence MarketPlace in Nashville, Tenn. and the Shops at Greenridge in Greenville, S.C. The company is headquartered in Charlotte and has a regional office in Cary, N.C.

About CNL Crosland Commercial Real Estate

CNL Crosland Commercial Real Estate offers a full range of commercial real estate services, including leasing and management, tenant representation, project management, facilities management and brokerage services as well as a development and investment platform. It operates in all sectors of commercial real estate, including retail, office, industrial and multifamily.

MEDIA CONTACT:

Julianne McCollum
Yellow Duck Marketing
704-271-9556
julianne@yellowduckmarketing.com