Childress Klein Expands Retail Management Portfolio to Asheville ...

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local merchants and restaurants including Wild Birds Unlimited and Marco's Pizza. ... industrial, retail, multifamily, a
Media Contact: Liz Patterson, Childress Klein Office: 704.343.4380 [email protected] FOR IMMEDIATE RELEASE



Childress Klein Expands Retail Management Portfolio to Asheville Capitol Funds selects Childress Klein to manage 43,007 SF in North Asheville ASHEVILLE, N.C. – Childress Klein, one of the Southeast’s preeminent real estate developers, has entered into another exclusive management and leasing agreement with Capitol Funds from Shelby, NC for their 43,007 SF Northland Shopping Center in Asheville, NC. The Fresh Market and a soon to be completed Petco anchor Northland, a neighborhood shopping center located on Merrimon Avenue near Beaverdam Road. in the affluent North Asheville Community. The center is 100% leased and currently includes several popular, local merchants and restaurants including Wild Birds Unlimited and Marco’s Pizza. “We are excited to continue to develop our partnership with Capitol Funds on this wellknown asset as we expand our leasing and management services to the rapidly developing Ashville area,” stated Britt Byrne Senior Leasing Director at Childress Klein. Earlier this year it was announced that Childress Klein would partner with Capitol Funds on the management and leasing of Berkeley Mall and Berkeley Corner Shopping Center in Goldsboro, NC and The Fresh Market Shoppes in Hendersonville, NC. About Childress Klein Childress Klein is a full service real estate company operating in the southeastern United States since 1978. The partners of Childress Klein have been responsible for the development, leasing and management of more than 40 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, 1 million+ square foot high-rise office towers, and corporate campuses. Industrial experience ranges from small flex buildings to multi-million square foot distribution ------- MORE -------

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 current portfolio exceeding 25 million square feet and real estate assets valued in excess of $1 billion, Childress Klein has the expertise and resources to undertake any project. For more information, visit www.childressklein.com. ------- END ------

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