News Marsh Properties and Aston Properties to develop 2825 South; announces first tenants

Mar 25, 2021
Marsh Properties and Aston Properties to develop 2825 South; announces first tenants

Charlotte, NC – March 24, 2021 – Marsh Properties and Aston Properties are developing 2825 South, a Class-A office and retail building in South End.

The six-story building is located on South Boulevard at Elmhurst and Marsh Roads and totals 138,780 square feet with 20,440 square feet of ground-level retail. Four floors of office space sit atop a structured parking deck, allowing for gorgeous city views from the building’s corner balconies and floor-to-ceiling windows. The development will also offer naming and highly visible signage opportunities for major tenants in South End, the region’s most popular live-work-play destination.

“2825 South is a boutique office experience that brings together everything tenants are asking for as the market evolves post-Covid,” said Rhea Greene, Partner at Trinity Partners. She and Chase Merkel are responsible for office leasing on behalf of ownership. “It’s in the middle of Charlotte’s most walkable, amenitized submarket, a block from the light rail, and designed for healthy workspaces — and it offers branding and naming rights in South End, truly a rare opportunity.”

Aston Properties will occupy 8,000 square feet of space at 2825 South, and the project’s general contractor, Samet Corporation, plans to occupy 12,000 square feet, leaving 77,000 square feet of office space available for lease.

LS3P, the building’s architect, designed 2825 South for a new, healthier way to work in a post-pandemic office environment. Building features include:

Marsh Properties and Aston Properties are two of Charlotte’s most accomplished, respected developers. 2825 South is the continuation of Marsh Properties’ Sedgefield mixed-use redevelopment plan that includes Sedgefield Shopping Center at South Boulevard and Poindexter Drive, home to Harris Teeter, Starbucks, and The Waterman. Marsh recently finished construction of The Edge, a 263-unit luxury apartment community on Haverford Place, adjacent to Sedgefield Shopping Center and 2825 South.

“We are excited to partner with Aston Properties to add an office/retail component to our 42-acre Sedgefield redevelopment. 2825 South rounds out the live, shop/dine/play and work offerings, and its access to both Uptown and south Charlotte is unbeatable,” said Jamie McLawhorn, President of Marsh Properties. “It offers companies and businesses the opportunity to be a part of all that South End has to offer. This corridor has truly transformed into an energetic, thriving urban neighborhood and we’re honored to be a part of it.”

In addition to relocating to the building, Aston Properties will handle retail leasing duties. 2825 South’s ground-level retail features signature restaurant space with indoor and outdoor seating, prominent visibility along South Boulevard, and convenient pedestrian access. Prospective retailers will also benefit from the office tenancy that will provide an on-site customer base.

“We are thrilled that the next chapter for Aston will take place in an exciting, growing neighborhood and unique building that’s part of our continued partnership with Marsh Properties,” said George Dewey, President and CEO of Aston Properties. “2825 South checks all the boxes for us. It has plenty of parking, is surrounded by amenities, and offers easy accessibility and proximity to where our team lives.”

2825 South will break ground this September. Visit 2825south.com for more information.

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ABOUT MARSH PROPERTIES
Marsh Properties has been positively influencing the heritage of the Charlotte community since 1926 when 26-year-old North Carolina native Lex Marsh built his first multi-family residence. The family-owned company continues to exceed the standards of the real estate industry by focusing on superior craftsmanship and progressive concepts in various new developments across the Charlotte market. In Mecklenburg County and surrounding areas, Marsh Properties has developed and maintained iconic landmark communities and currently owns and manages nearly 2,000 residences, as well as neighborhood shopping centers and office buildings throughout the Queen City.

ABOUT ASTON PROPERTIES
For 40 years, Aston Properties has built an impeccable reputation in the retail real estate industry across the Southeast and Mid-Atlantic. This reputation has been earned through the skills and dedication of Aston Properties’ people and is manifested in client success. Our reputation is built on honoring commitments and respecting relationships. Aston Properties is known by employees, business partners, lenders, tenants and contractors alike for performance, reliability and integrity. We remain true to our vision of improving the quality of shopping experiences through responsible retail development and best practices in property leasing and management.

ABOUT TRINITY PARTNERS
Trinity Partners is a full-service commercial real estate firm serving corporate users and institutional owners throughout the United States, with ten service lines ranging from landlord and tenant representation to property management and investment sales. They are known for their entrepreneurial spirit, best-in-class performance, and respected team of commercial real estate professionals, who are directly responsible for the company’s success and collaborative culture. The firm currently leases and/or manages over 22 million square feet of office, industrial, mixed-use, and retail space across the region through their four offices in Charlotte and Raleigh, North Carolina, and Columbia and Greenville, South Carolina.