• "Since we started the development process, there hasn't been a single day where I've questioned the decision we made to go with SunCap." Steve Salvatore, Magna Automotive
  • "Provided a turn-key solution for planning, designing and building this facility on a virgin site and delivered within one year of ground breaking ... on time and on budget." Mike Tarulli, Senior Vice President, Corporate Real Estate, North America, HSBC Bank USA
  • "You assembled a great team of experts and everyone performed admirably..." Ed Bennett, Chief Administration Officer, NASCAR
  • "We couldn't have done it without you." Larry E. Teel, Executive Vice President, Fischer & Company
  • "We knew our challenges would be many, but you proved time and again that we made the right decision in our selection of developers." Ed Bennett, Chief Administration Officer, NASCAR
  • "We know how difficult the permitting process was but you and your team performed admirably on this build to suit development and got us in on time and on budget." Joe Marsico, Real Estate Acquisition Specialist, Fortune 500 Distribution Company
  • "Not only are you good at what you do, you make it fun on a day to day basis." Carole Kent, Investment Limited Partner, J.C. Bradford & Co
  • "I also want to thank you personally for your honesty and integrity throughout the process. In the end, you made all of us look good at NASCAR." Ed Bennett, Chief Administration Officer, NASCAR
  • "Your hands-on management of the project and your "can do" attitude were key to the success." Joe Marsico, Real Estate Acquisition Specialist, Fortune 500 Distribution Company
  • "You consistently delivered the quality service, teamwork, expertise, and product that one would expect from a first rate developer." Stan Ciepcielinski, CFO, Glenayre
  • "Has been our partner in the truest sense of the word." Jon Morris, Managing Partner, Morris, York, Williams, Surles and Brearley, LLP
  • "Outstanding work that you and your organization did in our new corporate headquarters." Scott Ambler, CFO, RSI, Inc.
  • "SunCap has demonstrated an ability to successfully navigate the most complicated entitlement processes and developments in a wide array of markets." Commercial Real Estate Portfolio Manager, Regions Bank
  • "We believe them to be one of the top developers based in our market and look forward to our continued successful relationship." Commercial Real Estate Portfolio Manager, Regions Bank
  • "We found your team at SunCap to be an excellent group with which to work throughout the entire process. We appreciated the open lines of communication that were maintained during all negotiations." Project Manager, Pacolet Milliken Enterprises
  • "Your access to capital, ability to mitigate any issues that arose and determination to close on the site were significant factors resulting in a most successful transaction." Project Manager, Pacolet Milliken Enterprises
  • "It was critical that you performed as you initially claimed you would - you definitely did so and exceeded our expectations on all accounts." Project Manager, Pacolet Milliken Enterprises
  • "From the outset of our dealings with SunCap, it was clear that they were in command of the resources to close quickly without the encumbrances of an investment committee or board approval." President, Weber USA Corporation
  • "The level of communication and professionalism from the SunCap group gave us every confidence the transaction negotiation and resolution would be positive." President, Weber USA Corporation
  • "SunCap Property Group fostered a relationship built on trust and open communication. Any issues or concerns were quickly resolved." Assistant Secretary, The Nolim Group
  • "From initial meeting to real estate closing, SunCap Property Group managed the due diligence process with professionalism and a sense of urgency, which resulted in a successful transaction for both parties." Assistant Secretary, The Nolim Group

News

MoRA Point to include community grocery store, restaurants and shops

May 2018


CHARLOTTE, N.C. Selywn Property Group and SunCap Property Group are bringing a major re-development to the fast-changing Monroe Road corridor. Site improvements and construction began last week on a 60,000-square-foot commercial center at the confluence of the primary traffic corridors of Monroe Road, Idlewild Road, Long Avenue and Independence Boulevard.

The 13.6 -acre redevelopment will be anchored by a 22,000-square-foot community grocery store and 38,000 square feet of restaurants and other mixed use commercial including  a coffee shop, gas station, and service providers. The developers have worked closely with the MoRA neighborhood group over the past year. The community group has been an advocate for the new development which will replace an aged and empty office park and dilapidated retail center at the highly visible and accessible site. The center will be named MoRA Point, a nod to its location at the gateway to the MoRA neighborhood, when approaching from Independence Boulevard.

"We are bringing neighborhood retail back to a fast-changing and underserved area with dense population", said Jensie Teague, Selwyn Property Group Partner spearheading the development. "This site's visibility and access to Monroe, Idlewild, Long and Independence at the newly completed Idlewild interchange, will allow for a new retail node with unique access that does not exist anywhere else along Independence or Monroe"," added Teague. 

"It is great to be a part of bringing a transformative development like this to Charlotte," said Senior Vice President, Paxton Hollar. "SunCap is excited about the opportunity to bring our fifth project to Charlotte and to continue to diversify our portfolio into retail."

Selwyn Property Group's Mac Barksdale and Teague are handling leasing for MoRA Point and can be contacted at 704-343-2828.