Summary
Action Items
- [ ] Follow up with Adam Williams at Legacy regarding outstanding payment
- [ ] Get two attorneys on a call to resolve yard gym lease language impasse — target this week
- [ ] Send email to Northwood Raven today to schedule post-July 4th meeting at the office
- [ ] Zach and Rob to meet after the call to review Saki Express economics
- [ ] Cooper to assist with Abound Greensboro search; plan to visit Thursday and tour 2–4 spaces
- [ ] Bryce to call daycare seller today regarding commission cut counter
- [ ] Follow up with West Virginia property buyers and attempt to schedule a tour; reassess Charlotte property pricing/marketing strategy
- [ ] Get credentials/professional bio to Tyber Creek building owner (based in Pennsylvania)
- [ ] Connor set up tour for Four Oaks senior living prospect from Pinehurst
- [ ] Follow up with two car rental companies (one private, one Toro) who toured Boyer
- [ ] Make proposal to Andrew Williams shopping center management client — include leasing option
- [ ] Contact Girl Scouts to check in on board direction and H2 planning
- [ ] Get warhead/adjacent property owner into the office to discuss plans and management
- [ ] Order wetlands report and wait on DR Horton site plan for Lexington, SC (Pet Paradise LOI)
- [ ] Add psychiatrist lease and 5-acre industrial land deal to pending sheet
Team Schedule
- Upcoming absences: one team member out August 9–15; another away July 20–21 (Monday–Tuesday) for Ireland
- Libby returning Tuesday afternoon
- Ryan going to mother-in-law's
June Closings
- Gantt: On schedule per last update
- Alexander Love, Howe, Rice: Closing today or tomorrow; one document remaining
- Hinkley, Illinois: Paperwork signed, closing today
- Upstream Growth Benchmark: Second payment posted
July Pipeline
- Legacy/Grand Opening property: Invoice sent to Adam Williams; awaiting payment confirmation
- MMT Tire: Second payment expected
- Greer, Celebrity 11: First two weeks of July
- Popeyes/Winkington (now Whataburger): Mid-July payment expected
- Ryan Investment Group, Raleigh Street: Amendment unsigned; target July 30
- Turner Communications, Mount Phillips Street: July 29 target
- 11.5 deal signed this morning: Small deal, expected close by end of July
Agent Pipeline Updates
Cooper
- Aluminum foil manufacturing client likely needs 80–100k sq ft by year-end; working with Zach
- Seneca going under contract; monitoring over next 3 weeks
- Working tenant activity for row listing; progressing on Baby Drive listing
- Dad's Grand Street listing (handed off); several small 2,500–5,000 sq ft deals to close in 1–2 weeks
Bill
- Listed 12,000 sq ft at Dwight Evans at $10.50/sq ft (fully conditioned, ~3,000 sq ft office); sending mailers and cold calls
- Small space still awaiting North State; hoping to close before July 4th
- OctoPharma $1.5B manufacturing facility: Bill has connection via former CEO Judy; monitoring incentive approval process — this is a major potential economic development deal
Brian
- Two leases at corner of Boyer and Wilkinson: ~$10,000/mo automotive site (~25k sq ft) and a second similar building listed at ~$7,000/mo
- Fur coat distributor client seeking ~6,000 sq ft in Mid-Hill area; lease with option to buy; client needs to vacate 3,400 sq ft current space soon
- Completed BPO for printing company client (clarified as closer to a market analysis/CMA); working on BPO for a second client
- Tiger Creek building: owner in Pennsylvania, email-only communication; interested in leasing portion and possibly selling; Brian to send credentials
Thomas
- Met with Streetlights and KDS Kane (116 Communications) in Greenville, SC — underwriting under review
- Thompson Thrift reviewing Wilmington search parcels
- Dream Key meeting held Monday (Sammy's former employer); exploring affordable housing initiatives
- Meeting with Morgan (Line In Place) tomorrow for lunch
- Researching Title 1 schools and old NOAA acquisition list for affordable housing opportunities
Gantt
- Riverside Industrial (Belmont): meeting with sellers post-July 4th to present Northwood Raven development agreement ($15M purchase price, zoning contingency)
- Greenville County Square (Roca Point) update: Streetlights evaluating performance and construction budgets; two multifamily deals in play with signed retail leases, but main developer needs multifamily capital — Streetlights is the target partner (406 units, 2 phases)
- TGK multifamily: complicated by Fort Mill school impact fees
- Awaiting Senco offer on Beard Road multifamily
- Abington Multifamily/Metcalf/Cape Asset meeting likely after July 4th (40 acres, Rocky River Road — retail and multifamily collaboration needed)
- Pursuing Freedom Drive parcels; Phillips Place (movie theater parcel) for Streetlights tower
- Client seeking 0.5–1.5 acres with 25k VPD for retail — any market
- Goose Creek Automotive (Rocky River Rd & Hwy 74): ~18,000 sq ft on 9 acres, coming to market at $6.5M — sharing with team as potential user opportunity
Jim
- Center Circle under contract; 5-acre industrial land (Ron Weatherly) under contract — quick cash close, end of next month
- Moving to Weatherly's Greenville location after Lexington MMT Tire close
- Psychiatrist lease signed — needs to be added to pending sheet
- 1-acre Fort Mill parcel (next to old Walmart land) in contract; attorneys exchanging
- Circle K/Ruskin deal: ~4 months in, still negotiating minor lease points (e.g., Waffle House coffee clause); awaiting response; seller has 5 more listings promised once signed
- Abound (Greensboro): Cooper assisting; visiting Thursday; Tina Tate (facilities) says location is urgent
- Ashland, KY: under contract, waiting on hospital right of first refusal; 75-day close
- West Virginia properties: 2 interested buyers; land adjacent to one WV site also of interest
- Lexington, SC (Pet Paradise LOI): LOI above ask; 24 acres behind listed for residential (DR Horton); awaiting wetlands report
- AutoZone deal: LOI signed, moving in right direction
- Chris Bowman (dentist) lease search: sent listings, awaiting response
Notes