Presidia Asset Management Announces New Tenants in Greensboro and Sanford
GREENSBORO,
N.C. (January 2 2024) – Presidia Asset Management, a full-service real estate firm offering
brokerage, property management, marketing, and consulting services, announced
today it hasadded two new tenants to the Asheville Building in Greensboro and a
grocery store has expanded into Kendale Plaza in Sanford, N.C.
Gina Hensley
Foundation
Home Builders, LLC is leasing 2,245 square feet in the Asheville Building.
Ebers Pharmacy has inked a lease for 1,600 square feet in the 134,464 square-foot
building at 1500 Pinecroft Road in the growing West Greensboro office
submarket.
The popular
Stretch A Buck, is expanding to 12,000 square feet in 60,640 square-foot
Kendale Plaza, highly visible at 2502 Lee Road in Sanford. Kendale Plaza, and
has been popular with high performing anchor tenants, national brands, and
local Sanford retailers for over 58 years.
“Presidia is
wrapping up a busy 2023. They leased 17,000 square feet over the past three
months,” said Presidia President/CEO Gina Hensley RPA, CPM, CCIM. “Our
full-service menu of real estate services and capabilities positions us for a
very productive year.”
Foundation
Home Builders is a residential single family home builder focused on the
first-time homebuyer in the Triad, Triangle, and surrounding areas of North
Carolina.
“We build
quality homes at affordable prices with variations on front elevations to
hopefully provide a sense of pride in ownership when a homebuyer pulls up to
their new home,” said Roy Alley, Owner, Foundation Home Builders.
The home
builder began operations in October 2019 and moved into its newly leased space
in October looking to expand.
“Lease
negotiation and space turnover was a seamless process with Presidia Group,”
added Alley. “Our questions and needs were resolved in a timely fashion by the
Presidia Group.”
The
eight-acre site offers direct access to I-40, West Gate City Blvd., and South
Holden Road. Near major retail and restaurant brands including hotels, the
Asheville Building also offers ample surface parking.
New to the
Kendale Shopping Plaza, Stretch A Buck is a discount grocery store designed to
help the community by keeping prices anywhere from 40 to 60 percent of retail
on name brand products and currently is a 5,000 square foot space with
twenty-four parking spaces.
With
products sold on a first come first served basis while they last, some days the
store is packed shoulder to shoulder with cars lining down the road. This
expansion will alleviate that. The new store will also have a wider variety of
products.
“The
Presidia Group is great to work with and on the ball. Extremely easy to get a
hold of even after work hours and does an excellent job resolving any
situations when they arise,” said Stretch A Buck owner Josiah Kolbek.
Presidia has
been helping investors create wealth through commercial real estate since 2009.
A tradition of innovative solutions, attentive customer care and collaboration,
and first-class quality, ensure success and maximize value for clients, owners,
partners, and tenants.
Presidia
executes its mission through its integrated operating platform comprised of
property management, marketing investment, asset management, acquisitions, and
construction.
“We are
excited to be partner with Experimental Holdings to increase asset stability
and improve tenant retention through leasing and marketing at these two
exceptional Carolina properties,” noted Hensley.
Cincinnati-based
Experimental Holdings is known for asset acquisition, reinvestment,
redevelopment and partnering opportunities.
For more
information about Presidia Asset Management, explore www.presidiagroup.com.
