CHARLOTTE, NC - Woodfield Investments is pleased to announce that Whitehall Parc has reached stabilization within 10 months of lease up and currently has 97% of its units leased and a 94% occupancy rate. Situated on 12.5 acres in Charlotte, NC, Whitehall Parc is a 298-unit Class A community featuring world-class amenities including a 24-hour fitness studio, salt water pool with poolside cabana and lounge, an outdoor TV and grilling station, separate game, conference, and yoga rooms, as well as an Internet cafe with personal WiFi stations. Apartments at the community boast granite countertops, stainless-steel appliances, tile surrounded soaking tubs, walk-in closets and many other upscale features. Whitehall Parc is also 100% smoke-free and pet friendly.
"We are extremely pleased with the success of Whitehall Parc," said Chad Hagler, partner at Woodfield Investments and lead developer. "As well as sporting a great location near several major employers including TW Cable, Maersk, Microsoft and GE, Whitehall Parc is also located only minutes from Charlotte Premium Outlets which will soon be home to more than 90 high-end brand name, designer outlet stores in 2014. And as any of our other Woodfield Investments multifamily projects, Whitehall Parc features only the best modern amenities and finishes that fit the lifestyles of our residents."
About Whitehall Parc: Whitehall Parc is a joint venture between Woodfield Investments and CNL Growth Properties. The community was designed by The Housing Studio with engineering and land planning services provided by Design Resource Group. C.F. Evans provided general contacting services, while Regions Bank placed the debt. Greystar is the current manager of the community.
About Woodfield Investments: Woodfield Investments is a premier developer and operator of Class A multifamily communities in the Mid-Atlantic and Southeastern United States. The partners in Woodfield share a wealth of experience in development, asset management and real estate capital markets. Since the formation of the company in 2005, Woodfield has completed 15 communities, has 5 communities under construction and 7 projects at various stages of entitlement and design. With an impeccable track record, Woodfield Investments is committed to creating long term value in its investments, partnerships and communities.