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Camp North End, the 76-acre former industrial site turned into a gathering place and gateway to uptown Charlotte, has a new management company and part-owner.
Jamestown, an Atlanta-based real estate investment and management company, entered a joint venture investment with Camp North End’s owners while taking over leadership duties, according to a Thursday news release from Camp North End.
Camp North End developer ATCO Properties & Management will continue being a partner on the development, along with Shorenstein Investment Advisors. ATCO will also continue to own and operate Kinship, a multifamily development that also has ground-floor retail.
The existing on-site team at Camp North End will stay in place, according to the release.
But Jamestown will be at the forefront of moving Camp North End forward. The group will take the lead on asset management, leasing, marketing and development.
About the Jamestown management company
Jamestown is considered a national leader in adaptive reuse projects. And the firm is a familiar face in Charlotte and Raleigh. Jamestown is joint owner of Optimist Hall in Charlotte and the mixed-use development Raleigh Iron Works.
The group briefly owned Birkdale Village in Huntersville before selling it to Houston-based Hines U.S. Property Partners in October. Neither Hines nor Jamestown disclosed the purchase price. Terms were not disclosed.
Outside of Charlotte, Jamestown is the leader behind other large adaptive reuse projects including Ponce City Market in Atlanta.
About Camp North End
ATCO purchased Camp North End in 2016 for $5.9 million from Eckerd Corp., Mecklenburg County records show. ATCO began renovating the six main buildings and smaller buildings into retail and office space.
The century-old site has an eclectic past.
It was a factory for Ford Motor Co. Model T car production in 1924, and later, produced missiles for the U.S. Army.
Camp North End opened with its first tenants in April 2023 and is one of the largest adaptive reuse projects underway in the U.S., the Observer previously reported.
With more than 75 businesses, it has more than 750,000 square feet of space for offices and local small business owners, the majority minority-owned.
The Camp North End area is part of one of Charlotte’s Corridors of Opportunity initiatives, which support under-invested sections of the city.
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Desiree Mathurin,Catherine Muccigrosso
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