Charlotte, NC (January, 2017) — MPV Properties (MPV) is pleased to announce more signed tenants for the current RedStone development in Indian Land, SC. These tenants will join several others including anchor-tenant, Stone Theatres, which is building a 14-screen movie theater in the shopping center.
Tropical Smoothie Café has executed a lease for 1,688 SF. Peter and Linda Ruggiero, local to Charlotte, are franchisees for this location and have plans to open additional units in the future. Lance Lancaster with Core Properties, Inc. represented Tropical Smoothie Café, and Keely Hines with MPV represented the landlord in this transaction.
Jackson’s Java has signed a lease for 2,178 SF of space, which includes a drive-thru window. Owner/operator, Mike Jackson, plans to offer morning rush-hour commuters drive-thru coffee service. The space will also include a wine bar component called Point Lookout Vineyards Tasting Room, which will feature wine and small plates in the evening. Keely Hines with MPV represented the landlord in this transaction.
Freddy’s Frozen Custard & Steakburgers has purchased a 1.0-acre outparcel at the shopping center fronting Highway 521. The national restaurant chain offers steakburgers, fries and a variety of frozen custard desserts. Bill Moseley with Moseley Real Estate Advisors represented Freddy’s, and Keely Hines with MPV represented the seller in this transaction.
RedStone is located in northern Lancaster County at the intersection of Highway 521 and Highway 160. These newly announced tenants are part of Phase I of the RedStone development, which is currently underway. The targeted completion for Phase I is winter 2017. In total, the center will contain 54,900 SF of retail shop space, in addition to the 55,400 SF movie theater, and serve as a major retail hub to residents of Indian land, Ballantyne, south Charlotte, Fort Mill, western Union County, and all of Lancaster County.
Follow #RedStoneSC on Twitter for the latest project information and photos.
Pictured above: Tropical Smoothie Cafe at Promenade on Providence
About MPV Properties
MPV Properties is a leading commercial real estate firm in the Charlotte area with services in development, property management, investment, and office, industrial, retail and land brokerage. For more information, visit www.mpvre.com.
Jackson’s Java’s lease was covered in the Charlotte Business Journal here: Coffee shop, wine tasting room planned for RedStone development.