Crew Network Foundation Scholarship Deadline Is Fast Approaching
For more information, please visit https://www.crewnetwork.org/CZ_scholarships.aspx?id=257.
For more information, please visit https://www.crewnetwork.org/CZ_scholarships.aspx?id=257.
Our CREW member winners are:
Liz Etheredge, Mecklenburg Paint Company
Lisa Fry, Cassidy Turley
Kati Hynes, The Charlotte Chamber of Commerce
Marie McLucas, Primax Properties
Cheryl Steele, Horack Talley
Cindy Wolfe, Bank of the Ozarks
Four new tenants will be moving to Harris Corners Corporate Park this spring, and two existing tenants have renewed their leases.
Greg Ahlum, Jim Allison, Bob Burchette, David Carson, Ray Farris, Patrick Kelly, David Lewis, John Morrice, Gary Welch, Marty White and Mike Wilson of Johnston Allison & Hord were selected as 2013 Super Lawyers by Super Lawyers magazine. Jon Coffin, Ryan Hoffman, William Isenhour, Trey Lindley, Daniel Merlin, Holly Norvell and Kerry Traynum were named North Carolina 2013 Rising Stars.
Read more here:http://www.charlotteobserver.com/2013/03/02/3890463/career-almanac.html##storylink=cpy
Last year, Charlotte office and industrial saw steady absorption and investment. The momentum is still there, according to Cushman & Wakefield Thalhimer specialists, as long as the wheels don't fall off the economy again. (For the 224th straight year, there was no coup d'etat during a State of the Union, so we're off to a good start.)
Under the American Taxpayer Relief Act of 2012, the top capital gain tax rate has been permanently increased to 20% (up from 15%) for single filers with incomes above $400,000 and married couples filing jointly with incomes
exceeding $450,000. In addition, the new IRC Section 1411 3.8% Medicare surtax on net investment income, which includes capital gains, results in an overall rate for higher-income taxpayers of 23.8% — a staggering 58% increase
from 2012 tax rates!
The announcement was made at UNC Charlotte’s Center City campus at a luncheon attended by university officials and more than 100 business and community leaders.
“UNC Charlotte and the Belk College of Business have long benefited from the generosity and dedicated personal involvement of the Belk family and executives at Belk, Inc.,” said UNC Charlotte Chancellor Philip L. Dubois. “This gift not only reinforces that very special relationship, but marks a new era in corporate-university partnerships for the college and the university.”
Components of the gift include:
• Endowed Professorship in Business Innovation
Building on a growing focus on innovation in business as well as Belk’s specific emphasis on this area, this faculty position will add expertise in the research and teaching of innovation – ideas and processes that add value to business, customers and society. In addition to creating curriculum and teaching courses on innovation, the professor will teach alongside Belk, Inc. associates and will serve as a liaison to the company for programs that support innovation. Matching funds from the State of North Carolina will provide an additional $500,000 to this endowment.
• Endowed Chair in Marketing Analytics
This faculty position will play a key role in development of the Data Science and Business Analytics (DSBA) initiative being championed by UNC Charlotte, providing research and teaching expertise in the growing fields of customer analytics and customer relationship management. This professor will also help develop a learn-work-hire program for Belk College students to prepare participants for direct entry into the retail industry. Matching funds from the State of North Carolina will provide an additional $667,000 to this endowed faculty fund.
• Belk Scholars Program
This program will identify undergraduate business students with high potential and groom them for careers in analytics and business innovation. Scholars will participate in a fast-track program that leads directly to a graduate program, with students encouraged to pursue the proposed Professional Science Masters (PSM) in Data Science and Business Analytics currently under development at UNC Charlotte.
• Faculty Research and Teaching Grants
These funds will support research and curriculum development by Belk College faculty in the areas of marketing analytics, customer analytics, customer relationship management and strategic innovation. Some research projects and educational offerings will be developed in partnership with Belk, Inc.
“This is a transformational gift for the Belk College,” said Steven H. Ott, dean of the college. “With the support of Belk, Inc. we can build on our strong reputation of collaboration with the business community by moving into new areas of growth and opportunity. We want to be seen by Charlotte’s business community as the region’s school of choice for business education, and to be recognized as a preeminent public urban research business school.”
The UNC Charlotte gift comes as Belk, Inc. prepares to celebrate its 125th anniversary this spring. “As we celebrate our 125th year in 2013, we are honoring our heritage while celebrating the future. This gift symbolizes both values,” explained Chairman and CEO Tim Belk. “This contribution honors our decades-long support of education, while it provides the foundation of future growth for the University’s Belk College of Business.”
Ties between the company and UNC Charlotte’s college of business run deep. The college was named in honor of the Belk family and organization in 1990, in recognition of their long-standing personal and philanthropic contributions. The late Thomas M. Belk, a UNC Charlotte trustee, was the first chair of the college’s Business Advisory Council in the 1980s, a position later held by his son, current Belk Inc. President and Chief Operating Officer John R. Belk, in the early 2000s. The late John M. Belk, then Chairman of the company, contributed $1.5 million to the college in 2003 to support expansion of international programs. Most recently, The Belk Foundation provided a $250,000 grant for the Belk College to launch the Student Center for Professional Development this year, a comprehensive career resource center for undergraduate business students.
“We’re grateful to Belk, Inc., for believing in the Belk College’s aspiration to be at the forefront of business education in the 21st century,” said Chancellor Dubois. “We hope this gift – and the resulting partnerships between the college and the company – will serve as a catalyst for other companies to strengthen their involvement with the university and mobilize our vast intellectual resources.”
About Belk, Inc.:
Charlotte, N.C.-based Belk, Inc. (www.belk.com) is the nation's largest family owned and operated department store company with 301 Belk stores located in 16 Southern states. The company was founded in 1888 by William Henry Belk in Monroe, N.C., and is in the third generation of Belk family leadership. Its belk.com website offers a wide assortment of fashion apparel, shoes and accessories for the entire family along with top name cosmetics, a wedding registry and a large selection of quality merchandise for the home. To connect with Belk via Facebook, Pinterest, Twitter, YouTube, blog, mobile phone text messages or by email, go to: Belk Get Connected.
Belk, Inc: Jessica Graham, 704-426-8333, 704-668-5342 (cell);email@example.com
Belk College: Sasha Trosch, 704-687-7601, 704-517-8730 (cell);firstname.lastname@example.org
UNC Charlotte: Buffie Stephens, 704-687-5830, 980-355-3110 (cell),email@example.com
January 29, 2013 – Trinity Partners is pleased to announce Jeld-Wen Windows and Doors has leased 23,187 SF in Ally Center in Downtown Charlotte’s Third Ward. Trinity Partners’ Leah Bailey, SIOR, and John Ball represented the landlords, Trinity Capital Advisors and Principal Real Estate Investors.
"We are thrilled Jeld-Wen chose our building," noted Bailey. "This is such an exciting time for Ally Center and downtown Charlotte. Romare Bearden Park’s spring opening and the construction of new apartments and the baseball stadium is creating remarkable energy around Ally Center and Third Ward."
Trinity Partners’ Project Manager, Margaret Markovich, and Director of Construction Services, Randy Gonyea, have been hired by ownership to upfit Jeld-Wen’s first-generation space. The company plans to move into the fourth floor of the building in March of this year.
Brian Brtalik of Cushman Wakefield | Thalhimer represented Jeld-Wen in the transaction.
Jeld-Wen is one of the world’s leading manufacturers of reliable windows and doors. Jeld-Wen began operations in 1960 and today has approximately 20,000 employees across more than 100 locations in the Americas, Europe, Asia and Australia. The company’s extensive product offering encompasses windows, exterior doors, interior doors and related building products that are sold globally through multiple distribution channels, including retail home centers, wholesale distributors and building products dealers. Jeld-Wen has been an ENERGY STAR Partner since 1998.
Huffenus heads Katten’s Charlotte Real Estate Practice. He has a sophisticated commercial real
estate finance practice that is national in scope and covers all asset types. Huffenus has extensive
experience representing real estate capital markets lenders in the origination of commercial
Just Fresh Comes to Downtown’s Ally Center
Ally Center recently announced Driven Brands signed a lease for the entire 7th floor, and tenants will soon have a new amenity to enjoy. Fast-casual restaurant Just Fresh has signed a lease for 2,025 SF on the ground floor of the building. The restaurant will open in Spring of 2013, around the same time as Romare Bearden Park is scheduled for completion.
Wyndham Capital Mortgage Expands and Renews at Three South Executive Park
Trinity Partners’ Leah Bailey, SIOR, recently renewed and expanded Wyndham Capital Mortgage in SouthPark’s Three South Executive Park. The group expanded by 5,146 SF and now leases a total of 23,690 SF in the building. Ben Speir of Cherry & Associates represented Wyndham Capital in the transaction. The building is currently featuring its top floor available for lease, 16,000 SF of contiguous space in move-in ready condition.
Trinity Partners to Continue Management and Leasing Assignment at LakePointe Corporate Center
Wells Real Estate Investment Trust has sold LakePointe Corporate Center 3 and 5 to Starwood Capital Group, and Trinity Partners will continue leasing and managing the assets. Trinity Partners has leased and managed the assets since April 2009. Both buildings are currently 100% occupied.
Director of Operations Jay Coombs Awarded Energy Management Certification
Jay Coombs (CEM, LEED AP), has achieved Energy Management Certification from the Association of Energy Engineers after meeting a strict set of requirements that included requisite field experience, prior educational achievements, and a CEM exam. As Trinity Partners’ Director of Operations, Jay works with the firm’s portfolio to manage and enhance sustainable energy practices. Jay has been with Trinity Partners for over 10 years.
Partner Terry Brennan Awarded the 2012 NAIOP Award of Excellence
Each year NAIOP (Commercial Real Estate Development Association) honors a recipient for their contributions to the commercial real estate industry and the community at large. Outgoing 2012 Chapter President, Charles Jonas, said Brennan received an overwhelming number of votes.
"Terry is a quiet, lead-by-example type of leader, and an active participant in providing education to our elected officials about industry issues. He works to create positive solution-based answers," Jonas said. "His thoughtful approach has led to a respectful appreciation and understanding of our industry issues."
Terry served as NAIOP’s President in 2010 and continues to serve on their Board of Advisors. Terry leads Trinity Partners’ Industrial Property Services group, and has been with the firm for over 14 years.
2120 Gateway Blvd Sells to Garmon & Company for $925,000
Trinity Partners’ William Maxwell recently represented Germany’s Interfinance Investment Company in the sale of 2120 Gateway Boulevard to Charlotte-based Garmon & Company, a commercial flooring contractor. The 22,095 SF industrial facility is located just off of the I-85 Service Road, and was formerly home to PAM Fastening Technology, whom Trinity Partners helped relocate after they outgrew the building.