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July 06 2016

TECHNOLOGY CINCHES CHARLOTTE, N.C. DEAL FOR ALLEGIANCY

TECHNOLOGY CINCHES CHARLOTTE, N.C. DEAL FOR ALLEGIANCY

Richmond, Va., July 5, 2016 — Allegiancy announced this week that it has been awarded the asset management contract for Charlotte Corporate Center, a modern Class A office building strategically located in the Charlotte, N.C. submarket.

Charlotte Corporate Center is a modern two story property that is fully leased to global giant Regus. The building is desirably located near the city’s central business district and Charlotte Douglas International Airport, the fifth-busiest airport in the nation and sixth-busiest airport in the world.

Allegiancy, based in Richmond, Va., is a commercial real estate asset management firm that delivers great service through a proprietary technology platform and its active approach to asset management. In a $15 trillion industry with $886 billion in revenue, Allegiancy’s disruptive, technology-enabled approach and active asset management drives superior returns for investors.

Allegiancy President Chris Sadler said Charlotte is one of the fastest-growing cities in the nation with a strong and diverse economy. Allegiancy is anticipating that the asset will perform well for investors, he said.

“We are pleased to have earned the contract to be the asset management firm for Charlotte Corporate Center,” Sadler said. “With over a decade of managing properties and over 1.7 million square feet in North Carolina, we’re happy to be expanding our portfolio into the Charlotte market.”

About Allegiancy

Allegiancy is changing the business of asset management for commercial real estate owners and investors with radical specialization. With a technology-enabled operating platform and singular focus on serving as the owners’ advocate, the company brings fresh vigor and unparalleled discipline to a poorly understood business. Combining its proactive Value Assurance operational rigor with an intense focus on cash flow and profitability, Allegiancy is leveraging the experience of its principals of more than four decades of success.

For more information about the company or to arrange an interview with Allegiancy CEO, Steve Sadler, contact Audrey Bevel at audrey@allegiancy.us, or 866.842.7545.