Ram announced today that it has signed a lease with Concentra Health Services Inc. for 7,800 square feet of medical use space in its Village of Whitehall shopping center in Charlotte, NC. Concentra will be tenanting the last vacant space, which brings the center to 100% leased.
Concentra Health Services, a subsidiary of Humana, Inc., will be opening an urgent care medical facility, which is relocating from their Westinghouse Blvd. location. A January 2012 opening is planned.
Ram took title to Village of Whitehall in August 2010 as one of 38 notes secured by 39 retail properties. At the time, the property was 68% leased. According to Ivy Greaner, Ram’s Chief Operating Officer, “It is an important part of our business strategy to secure underperforming property and add value. Concentra selected Village of Whitehall for its excellent location and visibility, which offers their client base convenient access to quality health care services.”
Village at Whitehall is a 28,200 square foot neighborhood center, located along South Tryon Street, less than a mile from Interstate 485 in south Charlotte. Other notable tenants include: Starbuck’s, AT&T, McAlister’s Deli, Don Pedro Mexican and H&R Block.