The following article appeared in the 11/06/26 edition of Charlotte Business Journal:
Charlotte firm pays $4.4M for South End warehouse, plans multitenant space
By Elise Franco – Real Estate Editor, Charlotte Business Journal
Charlotte-based Beauxwright has acquired 2400 Dunavant St. for $4.4 million. The firm is planning an adaptive reuse project that will transform the 14,000-square-foot former warehouse into a modern multi-tenant space. Photo courtesy of BEAUXWRIGHT
Charlotte-based Beauxwright is planning an adaptive-reuse project following its acquisition of a former warehouse in South End.
Beauxwright purchased 2400 Dunavant St. from Charlotte-based 6 Summit Capital for $4.4 million, according to Mecklenburg County real estate records. The sale closed on Nov. 2, records show.
Avery Rogers, principal at Beauxwright, told the Charlotte Business Journal that the firm will transform the 14,000-square-foot industrial property into a modern, multitenant space. The project will include renovations to the building's exterior and interior as well as to the 0.6-acre site. Rogers said the firm will target showroom, retail or flex tenants.
"The acquisition aligns with Beauxwright’s growing investment in neighborhood retail ... We see strong potential in this asset class, particularly in areas with dense multifamily development and limited commercial inventory," she said. "2400 Dunavant represents an attractive opportunity to reposition an existing asset and meet growing demand for neighborhood retail and commercial space."
Rogers said Beauxwright will begin construction on the 14,000-square-foot building later this month. It is expected to deliver during the first quarter of 2027. Rogers declined to share the total project investment. Moss Boyles Construction, based in Dallas, North Carolina, is the general contractor. Jay Mitchener and Thompson Brock Thrift Commercial Real Estate Services will lead leasing at the property.
"We will be making strategic site and building improvements to reposition the property as a Class A commercial space," she said. "Our focus is on creating a high-quality leasing opportunity that takes full advantage of the property's location and potential within the South End market."
6 Summit acquired 2400 Dunavant in April 2023 for $3.4 million, county records show. The building is adjacent to 6 Summit's Middblock South End adaptive reuse project that includes 2401 Distribution St., 2406 Dunavant St. and 2322 Dunavant St., formerly home to The Dunavant restaurant.
Rogers said Beauxwright's redevelopment is a separate project from Middblock, but one that complements a broader transformation underway in the area. Just a block over is another planned adaptive reuse project called The Anthem District. It includes the redevelopment of six buildings at the corner of South Tryon Street and Remount Road.
"We see (2400 Dunavant) as part of the continued evolution of this South End neighborhood, alongside the adaptive reuse projects completed by 6 Summit at MiddBlock and other nearby developments, including the Anthem District," she said. "We believe the combination of location, limited commercial inventory and strong surrounding development creates a unique opportunity."
Beauxwright was founded in 2013. The firm targets acquisitions, development and repositioned assets in the Southeast.
In June, the firm acquired Plaza Hill at 2501 The Plaza for $7.6 million. The Plaza is a 21,738-square-foot adaptive reuse project with a mix of office and retail tenants. Former owner LPA Urban renovated the 77-year-old building in 2020.
Beauxwright's local portfolio also include Sugar Yards, a redevelopment project at the former Asian Corner Mall site. The project, located at East Sugar Creek Road and Greensboro Street, includes a mix of rental and for-sale townhomes and commercial development. Beauxwright is also behind the adaptive reuse redevelopment of 1900 W. Morehead St. The firm transformed the two-story building, constructed in 1957, into 35,836 square feet of office space. Its own headquarters are located in the building.