Charlotte, NC (October 2021) – Winston-Salem based Lowes Foods, LLC has signed a lease to anchor Christenbury Village, a grocery anchored mixed-use development in Concord, NC by Christenbury Investors, LLC, an entity affiliated with Charlotte-based MPV Properties, LLC and Mission Properties, LLC.
Christenbury Village is a 17-acre, vertically integrated mixed-use development located at the intersection of Cox Mill Road and Christenbury Parkway, adjacent to the Highland Creek community. The project is slated to include a +/- 52,000 SF Lowes Foods, two (2) mixed-use buildings consisting of approximately 150 apartment units and +/- 26,000 SF of ground floor commercial space with an additional +/-24,000 SF of medical office and shop retail buildings along Christenbury Parkway.
Ownership plans to break ground on Phase 1 of the project in the 4th quarter of 2021 with Lowes Foods targeting an opening in Early 2023.
Austin Easter of MPV Properties represented Lowes Foods in the transaction.
About MPV Properties
MPV Properties is one of the Charlotte area’s leading commercial real estate firms offering landlord and tenant representation in office, industrial, retail and land brokerage, development and association and property management services. For more information, visit www.mpvre.com.
About Mission Properties
Mission Properties, led by Jason McArthur, is one of Charlotte’s leading commercial real estate development firms specializing in mixed-use and multifamily development. For more information, visit https://missionproperties.squarespace.com/
About Lowes Foods
Founded in 1954, Lowes Foods employs nearly 9,000 people and operates 80 full-service supermarkets in the Carolinas. Locally owned and operated, Lowes Foods is truly a homegrown company committed to bringing community back to the table, by providing customers with the freshest and most innovative local products from local suppliers. The company maintains a strong focus on exceptional attention to our guests, with services like Lowes Foods-To-Go personal shopping and gas rewards discounts. To learn more, visit lowesfoods.com or follow Lowes Foods on Facebook or Twitter. Lowes Foods, LLC is a wholly owned subsidiary of Alex Lee, Inc. For more information, please visit lowesfoods.com.
About Alex Lee, Inc.
Founded in 1931, Alex Lee is a family-owned and operated company that employs nearly 10,000 people. It serves as the parent company of Merchants Distributors, LLC, which provides full-service, wholesale distribution to supermarkets across the Southeastern United States. In addition, Alex Lee is the parent company of Lowes Foods as well as Just Save food stores in North Carolina. Alex Lee, Inc. is based in Hickory, NC. For more information, please visit alexlee.com.