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REGARDING LEASING,
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Harris Corners Corporate Park
Charlotte, NC 28269

Acquired

4/13/2011

Location

Harris Corners is located in the burgeoning north submarket of Charlotte. The north submarket is relatively new and has emerged due to its close proximity to the executive housing market surrounding Lake Norman, the relocation of Lowe`s Home Improvement headquarters to the area, the growth of the NASCAR industry, and the completion of I-485, Charlotte`s outer loop interstate. The property is situated along I-77, a major artery in the metro region, and is located at the last exit north of the city that offers a Charlotte address.

Description

Harris Corners Corporate Park is a 361,144 square foot, three building Class A office portfolio consisting of two five story buildings built in 2001 and 2006, and one four story property built in 2000, all within a 75-acre master planned park. Tenants are attracted to the Park`s excellent access, extensive parking, building efficiencies, and close proximity to an excellent amenity base. Harris Corners was developed and has been maintained through employing sustainable or `green` building and management practices.

Investment Rationale

Stable occupancy with tenant rollover evenly distributed over the next five years
40% of the leased space is occupied by investment grade tenants
`Brochure quality` class A office portfolio offering quality amenities in a convenient business park setting
Cash Flowing asset with an average cash-on-cash return of 7.3%



Fund Ownership

Map

For more information regarding properties for sale, please email us at sales@newbostonfund.com or call 1.866.DIAL.NBF