Commercial Realty Advisors, LLC, recently announced it will serve as the exclusive listing agent for 275 North Elm, cornerstone of The Outfields, a redevelopment project that will serve as the foundation of the renewal of Downtown High Point. Commercial Realty Advisors is excited to provide brokerage services for this new venture, developed by Elliott Sidewalk Communities and the City of High Point. Commercial Realty Advisors’ project leasing team will include Jeff Andrews and Jordan Reece. Future phases will include residential living and retail.
275 North Elm will be located at the entrance of High Point’s new Truist Point baseball stadium, home of the High Point Rockers, which opened in May of 2019. The project will be a place of community inspired by the art and history of the local furniture heritage, constructed of masonry, brick, steel and glass.
At the foundation of the three-story building will be High Point’s first Food Hall, Stock + Grain Assembly. The 12,000-square-foot modern marketplace will be home to 10 locally-based food and beverage vendors, ample seating and a large outdoor space, combining unique food, retail and entertainment options in a new destination for the revitalized downtown. Baltimore-based Cana Development, one of the country’s premier food hall experts, will develop, lease and manage Stock + Grain. An additional 2,000 square feet of retail space is available for lease immediately adjacent to the food hall.
The second and third floors will be 36,000 square feet of Class A office spaces (18,000 SF per floor) with state-of-the-art amenities, balconies overlooking the ball field, and the most outstanding office views in the revitalized downtown High Point. Single and multi-tenant leases are available, and there is the potential to qualify for City of High Point’s Targeted Downtown Office Incentive Program. A large marquis sign on the third-floor deck overlooking the stadium is available for a lead tenant.
“As a resident of High Point, myself, I am pleased our firm will be involved with such an important project. In addition to the completed baseball stadium, this will help evolve High Point’s downtown into a place that will attract people to work, live and play in the city,” says Jordan Reece, Partner at Commercial Realty Advisors and lead Broker on the project. “We can’t wait to see the final product and it’s impact on our city!”
About Commercial Realty Advisors: Commercial Realty Advisors, LLC, is a full service commercial real estate firm founded in 2006, specializing in brokerage services, development, and property management. Committed to the highest standards of client service and business ethics, we were built on a firm foundation of trust and excellence. Exceeding expectations is a Commercial Realty Advisors hallmark.
About Elliott Sidewalk Communities: We build downtown joy by aligning the interests of municipalities and their university neighbors, creating vibrant Main Street environments that integrate campus life with town life. We transform underused or vacant parcels into a thriving, walkable downtown destination. It attracts students and residents alike with unique retail, cultural and hospitality amenities. It creates energy, economic growth, and a renewed sense of community. It’s a joy to behold.
November 20, 2020