Quail Corners Announces Restaurants and Redevelopment Update

Charlotte, N.C., April 17, 2012 – Crosland Southeast continues the $6.2 million redevelopment of Quail Corners, a 113,000-square-foot, Harris Teeter-anchored neighborhood retail center in south Charlotte, which includes new and existing tenant announcements from the leasing team of CNL Crosland Commercial Real Estate. Storefront façade work will begin this week and will be completed in November this year. Crosland Southeast also unveiled a new courtyard plan.

Quail Corners Announcements

CNL Crosland Commercial Real Estate announces McDonald’s has recently signed a lease and is proceeding with its due diligence and approvals for a 4,489 square foot building to commence construction late this summer. This location will be locally owned and operated, offering 70 seats for patrons and emphasize its McCafé gourmet coffee products and popular new smoothies. Kurt Schoenhoff of Selwyn Property Group represented McDonald’s.

“As we know from leasing and managing Blakeney and Sharon Corners, a McDonald’s will contribute to making Quail Corners an even more desirable shopping destination,” said Susan McGuire, principal of CNL Crosland. “A local owner/operator is typically very sensitive to the expectations of the surrounding neighborhoods and delivers high quality service and community involvement.”

Gwen Glaeser, vice president of CNL Crosland Commercial Real Estate, brokered the McDonald’s lease and renewals of local favorites Wolfman Pizza, Rusty’s Deli, Salsarita’s, Domino’s Pizza, Quail Corners Barbers and 20-year mainstay Quail Corners Cleaners.

Wolfman Pizza will be moving into a 1,700-square-foot location facing Park

Road and adjacent to the courtyard. It has currently closed but plans to reopen this
summer in the new location.  Salsarita’s has relocated to the 2,400 square foot endcap location closest to Park Road and will have dedicated space for outdoor dining.           

Gwen Glaeser is in active negotiations with additional restaurants and services to bring the shopping center to 100% occupancy.

Redevelopment Details

The refacing of all the storefront exteriors will begin this month with a combination of brick masonry and stucco. The development will also begin construction of a 9,000-square-foot open-air plaza, tripling the area for quality and quantity of outdoor dining and weekend entertainment.  Completion of the courtyard, façade and Harris Teeter renovation is expected to occur in early November 2012. The construction has been phased to minimize consumer disruption. (Note to Media: for a high resolution version of the courtyard rendering, please click here: http://shopquailcorners.com/Quail_Courtyard.jpg )

“We heard through the focus groups that neighbors wanted a variety of seating options around the new courtyard,” said Peter B. Pappas, partner of Crosland Southeast. “So we have designed the entertainment and outdoor dining areas with tables and chairs, benches and seat walls so people can have a meal or just grab a seat to eat their frozen yogurt and listen to music.”

In addition to the changes at the center, the developer is providing a pedestrian refuge in the middle of Park Road at the Hamlin Road intersection. It will be similar in style to the pedestrian refuges on East Boulevard in Dilworth.  The pedestrian refuge will be installed by early July, when the majority of the site work will be complete including parking reorientation. In November, the final resurfacing of the parking area will be complete.

The Quail Corners redevelopment architect is BB+M Architecture, civil engineering and landscape design is provided by LandDesign and the general contractor is Myers & Chapman.

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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. (Note to Media: for a printable site plan, please click here: http://shopquailcorners.com/Site_Plan_files/QCSC_Site_Plan.pdf)

About Crosland Southeast

Crosland Southeast and its partners have a long history of developing and leasing award winning retail and mixed-use developments throughout seven southeastern states.  The five Crosland Southeast partners previously served as officers of the 74-year-old Crosland legacy company, and have a combined 110 years of experience in the shopping center industry.  During their tenure at Crosland, the partners developed over 20 million square feet of retail space.

Today, Crosland Southeast perpetuates the excellence of the legacy company with its emphasis on retail acquisitions, advisory services, single-tenant development and the development of high-quality retail and mixed-use projects.  Notable current projects include Blakeney Square in Charlotte, N.C. and Stonebridge, a redevelopment of the former Cloverleaf Mall in Richmond, Va. Work on phase 1 of the 83-acre multi-use development joint venture with Hutensky Capital Partners began in October 2011 and includes a 120,000-square-foot Kroger Marketplace, which will be the largest Kroger in the commonwealth. For more information, visit www.croslandsoutheast.com.

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. For more information, visit www.cnl.com/commercial.

MEDIA CONTACT:
Julianne McCollum
Yellow Duck Marketing

704-271-9556
julianne@yellowduckmarketing.com