(Charlotte, NC) - April 14, 2009
Eola Capital, an Orlando-based real estate investment company, recently leased over 15,000-square-feet of office space in four of its Charlotte properties. The newly leased properties and tenants include Futurity First Insurance Group, Inc. at One Pinebrook Plaza, Graycor Construction Company, Inc. at Live Oak, Securitas Security Services USA, Inc. at Mallard Creek III and Travmed International, Inc. at Scarlet Oak.
"We're extremely pleased with these recent successes and are happy to partner with these fine organizations," said Bryan Howell, CCIM, Regional Vice President of Eola Capital.
Futurity First Insurance Group, Inc. signed a lease with Eola Capital for over 2,500-square-feet of office space in One Pinebrook Plaza located at I-77 and Arrowood Road. Parker Melvin and Brian Brtalik of CB Richard Ellis represented the tenant in the lease agreement.
Graycor Construction Company, Inc. signed a lease with Eola Capital for over 4,700-square-feet of office space in the five-story Live Oak building located in the Oak Hill Business Park. The 81,586-square-foot building is now approaching full occupancy with only 5,100-square-feet of office space remaining available for lease. Parker Melvin of CB Richard Ellis represented the tenant in the lease agreement.
Securitas Security Services USA, Inc. signed a lease with Eola Capital for over 4,100-square-feet of office space in the Mallard Creek III building located in the University area at W.T. Harris Boulevard and Mallard Creek Road in the Mallard Creek Center. Will Baugher of Commercial Carolina represented the tenant in the lease agreement.
Travmed International, Inc. signed a lease with Eola Capital for over 4,100-square-feet in the Scarlet Oak building located in the Oak Hill Business Park. John Stipp of Office Properties represented the tenant in the lease agreement.
"We're working aggressively with brokers and principals to make deals happen as quickly and seamlessly as possible. Speed of the transaction is key, especially for the tenants, and we expect this trend to continue," Howell added. "With the changing economy, we've decided to add additional products to our already creative programs, including a recently launched ‘Risk-Free Leasing' program to help office users who are uncertain about what the future holds for them. We're anticipating a positive response as we aim to meet business owners' needs."