Harrison Trace (the “Property”) represents the opportunity to invest in a newly built Class A, single-family rental community located in North Charlotte, part of the Charlotte metropolitan statistical area (the “Charlotte Metro”), located near Interstate 85 and Interstate 77, providing residents convenient access to job centers such as Downtown Charlotte and University City.
The Property is located in the Charlotte Metro, roughly equidistant to Downtown/Uptown and UNC Charlotte. The greater downtown area including the South End is home to more than 190,000 jobs and a promising development pipeline for additional office space and entertainment outlets, potentially leading to additional job and economic growth. South End currently has 3.9 million square feet of existing office space, with an additional 2.6 million square feet scheduled for development. The Property is also located near two of Charlotte’s leading entertainment districts, NoDa and Camp North End. Camp North End is a 76-acre redevelopment offering destination retail, restaurants and 1.5 million square feet of office space accommodating 10,000 employees, all of which provide significant lifestyle amenities. The Property is also less than seven miles from North Carolina’s second largest university, University of North Carolina Charlotte. The University Research Park is home to 158,000 square feet of office space, housing 30,000 employees.
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