Starbucks To Join Sharon Square Mixed-use Community In Southpark

| Press Release | Sharon Square Charlotte | Full Article

Charlotte, N.C. – Starbucks has signed a lease agreement to open a freestanding coffee house at Sharon Square, a mixed-use community developed by Pappas Properties and Allen Tate Company. Starbucks will be the sole tenant in a new two – story, 3,000 square foot building at the Sharon Road entrance to the community opposite the SunTrust office building and regional headquarters.

“We look forward to the addition of Starbucks to Sharon Square,” said Peter Pappas, CEO and founder of Pappas Properties. “Starbucks adds another walkable amenity to Sharon Square that will be welcomed by our residents and the SouthPark community, ” added Pappas.

Starbucks joins a roster of regionally and nationally recognized restaurant and a sculpting studio. Whole Foods, the Solis apartment community and the Sun Trust office anchor the Sharon Square development. Pappas reports that the Solis apartments are now more than 96% leased and that the SunTrust Regional Headquarters office building is more than 85% leased. Four retail spaces totaling 8,500 square feet are available for lease.

Nick Lukens of Moseley Real Estate Advisors represented Starbucks on the lease transaction. Brian Roth of Pappas Properties marketed the property for the landlord.