All posts by Brooke

Company News

The Brass Tap Opens New Location at 400H

Exciting news for downtown Raleigh! The Brass Tap, a popular taproom and restaurant chain out of Florida, has just signed a lease to open its first North Carolina location at 400H.

The locally-owned franchise location will feature over 3,500 sq ft of space, including outdoor dining. Food and beverage options include an extensive craft beer selection, cocktails, wine, nachos, wings, burgers, and flatbreads. It’s a great addition to the new 20-story 400H tower and surrounding downtown neighborhood.

York is proud to represent the Landlord in retail leasing at 400H.

For opportunities reach out to John Koonce: [email protected] ● (919) 645-2765

Company News

Ace Hardware Coming to Lake Boone Shopping Center

Owens Hardware has signed a long-term lease to open a 9,600 square foot store at 2462 Wycliff Road in Lake Boone Shopping Center. Slated to open in the spring/summer of 2024, this will be the sixth location for Owens Hardware, a family-owned home improvement retailer whose relationship with Ace Hardware provides national chain buying power, access to hundreds of thousands of products, and premium merchandise brands like Craftsman, Scotts, Benjamin Moore, EGO, Weber, Stihl, Yeti and others. Residents and shoppers can look forward to access to top national brands and attentive customer service right in the heart of the west Raleigh community.

Owner-operator Paul Owens says he is excited and looking forward to growing the business. “When the opportunity came up to open a new store in our backyard, we jumped on it. We are confident that this expansion will not only benefit our business, but also give us more opportunities to give back to the community we grew up in. We want our customer’s shopping experience to be elevated and enjoyable. We plan to offer a large gift section, as well as the traditional items you expect to find in a hardware store.”

Commercial real estate broker John Koonce of York Properties represented the landlord in the transaction. York is a leading commercial real estate services firm based in Raleigh, NC. With over 1 million square feet under management, York is committed to delivering strategic solutions and white-glove service to building owners and tenants across the Triangle. John serves as Senior Vice President of Brokerage and has been instrumental in developing and revitalizing retail corridors across Wake County during his 25+ year commercial real estate career. York was pleased to work with Bell Commercial who provided tenant representation in the transaction.

Client Highlight

York’s Partnership with the Sansom Family

We were delighted to have Julian Sansom-Goodman, local senior at Enloe High School, intern with us last summer and assist the brokerage. Enloe’s academy design club required students to complete 120 hours of intern work to supplement the club’s learning objectives and we were happy to offer Julian that opportunity with us.

Julian’s first choice for college this fall is Morehouse College in Atlanta, Georgia, where he hopes to receive a baseball scholarship. Julian would be the third generation of his family to attend. He is planning to major in business administration.

Our relationship with the Sansom family goes back many years. Julian’s grandfather, Joseph Sansom (pictured), has partnered with our company on several business deals. One of the most notable of which is managing Southgate Plaza, a popular shopping center in southeast Raleigh.

Joseph worked at IBM for many years after graduating college. During that time, he was also drafted to serve in the army. Joseph later retired from IBM and became the first Black N.C. Deputy State Treasurer. He has been involved with Mechanics & Farmers Bank throughout his professional career and is currently Chairman of the Raleigh City Advisory Board.

The goal of Mechanics & Farmers Bank is to serve the community by providing essential services as a full-service commercial bank. M&F Bank was founded in 1907 and is the second oldest minority-owned bank in the US.

Joseph’s long term hopes for his working relationship with York is to continue serving the community for years to come and expanding the business throughout Raleigh. His favorite part of being business partners with us is collaborating with the creative and open-minded people on our team.

Company News

York HOA Mobile App

We are thrilled to introduce York HOA, a mobile app from York Properties that allows Homeowners and Board Members to manage home needs whenever, wherever.

Some exciting features include the ability to view and update account information, make online payments, view association documents, submit architectural requests, keep up with community news, and more!

The app is FREE and can be easily downloaded from the Apple and Google Play Store.

Client Highlight

Grand Opening of W.E.L.D. Wine & Beer in Lochmere Pavilion

We are thrilled to introduce W.E.L.D. Wine & Beer, a local craft beer and wine bar bottle-shop located in Lochmere Pavilion in Cary.

Creating a “neighborhood shop” for patrons, you can enjoy the perfect glass of wine from a variety of selections, beer from 1 of 13 rotating taps, and purchase the perfect wine/beer by the bottle or can to indulge in at home.

We invite you to join us for a toast and celebrate the Grand Opening of W.E.L.D. Wine & Beer on Saturday, December 16th, from 2-10 PM.

Located at 2425 Kildaire Farm Road, Suite 301, in Cary.

York Properties manages Lochmere Pavilion with Amy Rogers as the Property Manager. Jack Forbes, Property Manager and Construction Manager, served as the General Contractor for W.E.L.D. Wine & Beer’s fit-up.

Client Highlight

Soda Box Opens New Location in Raleigh Boulevard Plaza

We’re popping bottles to celebrate Soda Box’s newest location opening at Raleigh Boulevard Plaza!

This fast-growing NC brand offers unique craft soda flavors and fantastic custom creations. Soda Box is just the latest example of the awesome local stores we work hard to bring into Raleigh neighborhoods!

York-broker James Troxler was pleased to represent the landlord and work with Bell Commercial’s Brandon Fryar who represented the tenant in the transaction.

Client Highlight

Honeygirl Meadery Moving to American Tobacco Campus

York is excited to announce local mead company Honeygirl Meadery is moving its Downtown Durham operations to the American Tobacco Campus in 2024. With this move, the Meadery will be doubling in size and will be operating under the name of its ownership group, Ment Beverage Co. The ownership group is led by Robby Battle, an industry veteran.

Construction for a 3,000 SF tasting room and production space is underway at 300 Blackwell Street (the Noell Building). This location will include two bars and both indoor and outdoor seating. Ment Beverage Co. will offer new beverage options in addition to mead, such as cider, local beer, distilled spirits, and nonalcoholic sparkling beverages.

The space will become a part of the social district, known as the Bullpen. This will allow customers to walk along the grounds and take their drinks with them. The space is expected to open in early 2024.

York broker Robert Hoyt represented Ment Beverage in the transaction.

Employee Spotlight

Patty Friedman Named CPM of the Year at the Raleigh-Durham IREM Chapter

Congratulations to our Property Manager Patty Friedman for being named Certified Property Manager of the Year at the Raleigh-Durham IREM Chapter annual luncheon.

Lamont Farmer, Director of Property Management, stated, “Patty’s perseverance in getting her CPM designation in record time, being nominated and then voted as CPM of the Year, and also being installed as Secretary for 2024 is a testament to her passion for and dedication to the property management industry and the Raleigh-Durham IREM Chapter. We are incredibly proud of her!”