Derek Copeland
  • Blog
  • About
  • Blog
  • About

MCM Partners Drives Dynamic Commercial Real Estate Projects in 2024

11/7/2024

0 Comments

 
Picture
​Headquartered in Charlotte, MCM Partners provides real estate investors with low-risk opportunities across diverse long-term commercial holdings. In 2024, the company has completed a number of high-profile equity raises and lending activities nationwide.

In April, MCM Partners announced that it had successfully repaid a private credit loan from a major real estate developer toward the development of a free-standing Avondale, Arizona, Starbucks location. The company spearheaded financing for the new 2,500-square-foot location. Its prompt repayment of the initial loan reflects positive cash flow and a commitment to financially viable projects that enhance local communities in diverse markets.

The following month, MCM Partners successfully closed an equity placement that enabled the acquisition of a free-standing Lewisville, Texas, Walgreens location. This leveraged a longstanding strategic partnership with a developer client and continued the firm’s track record of seeking out impactful transactions in expanding markets.

The high-traffic pharmacy was initially constructed as a build-to-suit project for Walgreens in 2004. It benefits from a location with hard-wired traffic signals at W. Round Grove Road and S. Valley Parkway in a rapidly growing Dallas suburb. Among the prominent retailers in the vicinity of the lease-renewed, triple-net investment property are McDonalds, QuikTrip, and Tom Thumb. The recent acquisition reflects a robust network of accredited investors with whom MCM Partners regularly engages. This network enables high-quality projects to move forward, even amidst a challenging commercial real estate landscape.

In June 2024, MCM Partners announced that it had completed equity financing that would allow the construction of a local Rooster’s Wood-Fired Kitchen. The high-performing casual eatery concept will add to three existing locations, which span the Charlotte and Winston-Salem markets. The brand has earned extensive accolades, with Charlotte locations of Rooster’s consistently ranked as among the top 25 restaurants in the local area.

Owner Jim Noble emphasizes a combination of European and contemporary culinary techniques and takes pains to source quality ingredients from local farms and suppliers. As he describes it, simple dishes are the most challenging to execute, as the flavors of core ingredients have “nowhere to hide.” Exceptional service is also emphasized, as customers receive an experience of dining out in a comfortable and welcoming environment that invites return visits.

The planned location, set to open in 2025, is part of a new The Bowl at Ballantyne retail development that will function as a “living room, kitchen, and concert hall” for the vibrant Ballantyne community. Emphasis is placed on healthy living and family-friendly activities within an upwardly mobile residential and business milieu.

Also in June, MCM Partners completed a private credit loan financing deal that will provide $1.55 million toward constructing a small format, free-standing Walgreens in the Ramseur, North Carolina, community. This project builds on MCM’s past success with such projects, which fulfill local community needs for convenient, well-stocked general retail and pharmacy options.

MCM Partners is continuously seeking out like-minded investors with the desire to grow wealth while protecting assets through private capital placement opportunities across North Carolina and beyond. The firm’s capacities extend across the full spectrum of market stages and take advantage of emerging trends and demographic shifts nationwide.

Derek Copeland

Shop
0 Comments



Leave a Reply.

    Author

    Derek Copeland – Community Minded Resident of Distinction

    Archives

    January 2024

    Categories

    All

    RSS Feed

Powered by Create your own unique website with customizable templates.