Charlotte, NC (May, 2016) — MPV Properties (MPV) announces the purchase of 200 Clanton, an 85,000 SF building located in the growing “LoSo” (Lower South End) district, in between South Tryon Street and South Boulevard on Clanton Road. The building was purchased in partnership with Selwyn Property Group from Lifespan, a non-profit organization that offers children and adults with disabilities educational, employment, and life enrichment assistance. Lifespan will continue to occupy 12,000 SF of space in the building until later this year. The other 73,000 SF of space will be converted to climate-controlled self-storage, which will be managed by Cube Smart.
Once the climate-controlled self-storage has opened, MPV Properties will begin to explore potential conversions of a portion of the building’s space into brewery production, brewery taproom, office, retail or a combination of those uses.
Eric Nichols, J.Q. Freeman and Mary Bryant of MPV Properties are managing the redevelopment of the self-storage portion of the building. The new upfit is expected to be complete this fall. ai Design Group is responsible for the design of the remodel. Doerre Construction is the general contractor for the project.
Rendering of completed redevelopment at 200 Clanton
About MPV Properties
MPV Properties is one of the Charlotte area’s leading office, industrial, retail and land brokerage, development, and management firms. For more information, visit www.mpvre.com.
About Selwyn Property Group
Selwyn Property Group is a leader in Southeastern industrial, office, hotel, retail and infill residential asset management, acquisitions, development and brokerage. For more information, visit www.selwynpropertygroup.com.
This story was also covered on these media outlets:
- Charlotte Business Journal: South Charlotte home of nonprofit Lifespan targeted for redevelopment
- The Charlotte Observer: South End building to be redeveloped with self-storage
- Inside Self Storage: Lifespan Building to Be Converted to Self-Storage and Brewery in Charlotte, NC