Solis Sharon Square apartments 70 percent leased

Terwilliger Pappas‘ newest apartment development  – Solis Sharon Square – is about 70 percent leased, developer Peter Pappas told me on a recent tour of the property.

The upscale mixed-use development has also leased about half of its retail space, with restaurant Dogwood Southern Table open and Corkbuzz and Rusty Bucket to follow by June. The development also includes Charlotte’s first Whole Foods and SunTrust’s regional headquarters.

Solis Sharon Square is the first Solis development in Charlotte. Terwilliger Pappas is building a second Solis Dilworth and a third Solis Waverly in southeast Charlotte, and just got rezoning approval for a fourth Solis in Ballantyne. The company is also building Solis developments throughout the Southeast, including in Raleigh, Durham and Atlanta.

Solis Sharon Square has leased 167 out of 239 units. Pappas said two-bedrooms have been especially strong. The Latham building is fully leased, and the Graham building is still leasing as workers finish the final common spaces.

“It’s good, very good,” said Pappas. A 1-bedroom starts at $1,615 a month, while a 2-bedroom starts at $1,985.

Wealth management firm signs lease for Sharon Square offices

by Ely Portillo

A wealth management firm has signed a lease for part of the fifth floor of the SunTrust office building at Sharon Square in SouthPark, Pappas Properties and Allen Tate Company said.

Second Half Strategies will take 2,888 square feet of the office building, part of a mixed-use development that includes a Whole Foods, apartments and restaurants.

“We are pleased to bring Second Half Strategies to the SunTrust Building at Sharon Square,” said Peter Pappas, CEO and founder of Pappas Properties, in a statement. “Second Half Strategies has a strong reputation consistent with the caliber of tenants we are targeting.”

Charley Leavitt and Stephen Woodward of JLL marketed the property, while Patrick McCoy of Newmark represented Second Half Strategies.

The upscale Solis apartments at Sharon Square are more than 90 percent leased, Pappas said.