CORFAC News

Charlotte, NC (April 27, 2015) - Piedmont Properties/CORFAC International, a leading full-service commercial real estate provider serving the Carolinas, today announced that NoDa Brewing Company is tripling its facility’s footprint and has signed a 15-year lease to occupy a 33,000-square-foot industrial building at 2921 N. Tryon Street in Charlotte.

Frank A. McCleneghan with Piedmont Properties represented NoDa in the lease, which has its roots in Charlotte as the only brewery in town that started with the home-brewing scene. NoDa plans to take occupancy of the property in September this year. The maker of handcrafted, small-batch beers currently occupies approximately 11,000 square feet and 2229 N. Davidson Street in Charlotte.

Jim Plyler, also with Piedmont Properties, represented Ray Roofing in the sale of NoDa’s future home on Tryon Street to Hop, Drop and Loco, LLC, for $1.35 million. Hop, Drop and Loco, LLC immediately leased the facility to NoDa Brewing Company.

NoDa’s future facility, like the current one, will have office space, a tap room that is open to the public and production space. The building has approximately 30 feet of clear height and was constructed in the 1920s as a vinegar manufacturing plant for Speas Vinegar. There are plans to designate the structure as an historic property.

About Piedmont Properties/CORFAC International
Piedmont Properties of the Carolinas, Inc. is a commercial real estate firm located in Charlotte, North Carolina established in 1993 in response to demand for a highly responsive and focused firm offering full service commercial real estate expertise to private sector clients, including entrepreneurs and publicly traded entities alike. Piedmont Properties’ vision is to be and build upon our reputation as a high quality, client-oriented real estate service firm offering our services to local and worldwide corporations. Piedmont Properties brings a team approach to the services we provide to our clients by bringing to the table at any one time a team of real estate professionals who can meet the objectives of our clients. Our brokers provide clients with experience in sales and leasing; tenant representation; site selection; disposition; investments; tax-deferred exchanges; build-to-suit; and real estate evaluations. For more information on Piedmont Properties/CORFAC International visit: www.piedmontproperties.com or call 704.375.1101.

About CORFAC International
CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services.  In association with global affiliates, CORFAC International offers commercial real estate services with market reach in 48 countries worldwide. Founded in 1989, CORFAC firms completed more than 10,000 lease and sales transactions totaling approximately 400 million square feet of space valued in excess of $7.4 billion in 2014. For more information on the CORFAC network, visit www.corfac.com.