Charlotte, N.C., July 16, 2018 —The Nexus, a six-story creative office building within the Waverly community in south Charlotte, has reached its midway point of construction. On Tuesday, July 17, at 11 a.m., joint venture partners Childress Klein, Crosland Southeast and the B. Frank Matthews II family will hold a topping-out ceremony for The Nexus at The Porter’s House restaurant in Waverly.
The Nexus will total 154,000 square feet and is the second creative office building at Waverly, a mixed-use development just south of Interstate 485 at the intersection of Providence and Ardrey Kell roads. The first six-story office building at Waverly, The Hub, is LEED certified and offers a reimagined work environment designed for collaboration and creativity, anchored within a vibrant, walkable community. The Hub is home to the global corporate headquarters of NN Inc. as well as the headquarters of Tokai Carbon USA and Horizon Investments. It is also home to regional offices for Axene Health Partners and Esri, among others. The Hub has one floor of available space remaining.
Childress Klein began construction on The Nexus in March, and the building is expected to deliver in April 2019. The Nexus will feature exposed ceilings, interior spaces built for collaboration, contemporary finishes and music in all common areas, a covered parking deck with a glass “jewel box” grand stair, electric car charging stations, bike storage, outdoor meeting space with Wi-Fi, and a connection to Waverly’s nearby park, The Yard. Childress Klein is seeking LEED certification for the building.
The Remi Group, a winner of the Charlotte Business Journal’s “Best Places to Work” award and ranked by Inc. Magazine as one of the fastest-growing private companies in America, has leased 33,000 square feet at The Nexus for its corporate headquarters and will be its first tenant. Remi was represented by Ben Speir and Joe Cherry with Cherry & Associates, and The Nexus was represented by Travis Hart and Jenny Fowler with Childress Klein.
“We’re very excited to reach this construction milestone with The Nexus,” said Paul DeVine, partner at Childress Klein. “The Hub has been a fantastic success and has confirmed our bet that there is pent-up demand among employers outside of the urban core who want to deliver a vibrant, walkable, community experience to their employees. It has been fun to see our thesis—that Waverly could become a powerful recruiting and retention tool—become a reality for our clients and to see such a positive response from the market.”
Travis Hart and Jenny Fowler with Childress Klein are marketing The Nexus, which features 26,793-square-foot floor plates. The building’s top four floors remain available for lease.
About Childress Klein
Childress Klein is a full service real estate company operating in the Southeastern U.S. since 1978. The partners of Childress Klein have been responsible for the development, leasing and management of more than 25 million square feet of office, industrial, retail, multifamily and self-storage properties throughout Virginia, Tennessee, North and South Carolina, Georgia and Florida. The company’s primary offices are located in Charlotte and Atlanta.
As one of the largest real estate firms in the Southeast, Childress Klein is experienced in the development, management and leasing of a wide variety of product types. The company’s office developments include suburban office parks, one million-plus square-foot high-rise office towers and corporate campuses. Industrial experience ranges from small flex buildings to multi-million square-foot distribution parks. Retail properties include community centers, large-scale lifestyle centers and mixed-use developments. Childress Klein serves residential markets with products including luxury garden and high-rise apartments as well as multi-level self-storage facilities.
With a team of nearly 300 professionals, a portfolio exceeding 40 million square feet and real estate assets valued in excess of $1.5 billion, Childress Klein has the expertise and resources to undertake any project. For more information, visit www.childressklein.com.
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 LLC, and have a combined 120 years of experience in the shopping center industry.
Today, Crosland Southeast perpetuates excellence with its emphasis on retail acquisitions, advisory services, single-tenant development and the development of high-quality retail and mixed-use properties that epitomize place making at its finest. During their careers, the executive team has developed more than 24 million square feet of projects. For more information, visit www.croslandsoutheast.com.
Waverly is a mixed-use, pedestrian-friendly, master-planned development that is a joint venture between Childress Klein, Crosland Southeast and the B. Frank Matthews II family. Located just south of I-485 at the intersection of Providence Road and Ardrey Kell Road, this 90-acre project features a contemporary design and affords the residents of south Charlotte an inviting place to dine or shop. The 250,000 square feet of retail is anchored by Whole Foods Market and features restaurants and shops oriented around a public plaza with outdoor dining space called The Terrace. The Hub, the first of two six-story office buildings offering Class A space, is complete, along with two medical office buildings and a 141-room Hilton Garden Inn hotel.