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Greenbridge Condominiums

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Greenbridge Condominiums Welcomes Rivers Agency as New Tenant

Full-Service Strategic Communications Agency to Open July 2014 in Luxury Condominium Retail Space, Now More Than 85 Percent Leased

Chapel Hill, NC, June 06, 2014 --(PR.com)-- Greenbridge Condominiums, a uniquely designed mixed-use development which offers luxury condos and over 3,000 square feet of retail space, has announced that Rivers Agency, a full-service strategic communications firm, will open in the development’s retail space at the corner of Rosemary and North Graham streets.

Founded in Chapel Hill in 1993, Rivers Agency offers clients and partners a wide range of services, including advertising, public relations, marketing, graphic design, website development, search engine optimization and more. The agency’s president and owner, Lauren Rivers, chose Greenbridge Condos as the location for the firm’s first commercial space because of its central location in the newly revitalized community in downtown Chapel Hill.

The 4,700-square-foot office was designed with help from award-winning Chapel Hill architect Phillip Szostak of Szostak Design. Szostak, whose firm has worked on several notable projects such as the Durham Performing Arts Center, is known for his minimalist, elegant designs. He worked with Rivers Agency to design a space that is both functional and beautiful, featuring an open space layout that encourages collaboration among team members. This modern style is a direct reflection of the other commercial and residential spaces at Greenbridge Condos.

Under the present ownership of SMA Greenbridge Owner LLC, a joint venture with Square Mile Capital, the luxury development’s other retail and commercial tenants include H2Only Cleaners; Bikram Yoga Chapel Hill; To The Woods hair salon; Caravela Coffee, a gourmet coffee importer; Newfangled, a web development company; Integrify, a provider of process and workflow management software; and the Southern Environmental Law Center.

The condominium sales effort gained significant traction in 2013 and residential space is currently 82 percent sold while commercial space is currently 85 percent occupied. Seven residences closed in April 2014 alone, totaling more than $2.7 million in sales. Among the fifteen condominiums still available, there are one-bedroom floor plans for sale in the low $300s, two-bedroom floor plans in the mid $300s and three-bedroom floor plans in the mid $600s.

New Media Content:
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https://www.facebook.com/GreenbridgeCondos

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https://twitter.com/LiveGreenbridge

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http://www.youtube.com/greenbridgecondos

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http://instagram.com/livegreenbridge

About Greenbridge Condominiums:
Greenbridge Condominiums brings modern living and convenience to the natural beauty of North Carolina. Centered between the cool and eclectic neighborhoods of Chapel Hill and Carrboro at 601 W. Rosemary St., Greenbridge Condominiums features 97 uniquely designed one-, two- and three-bedroom residences that are perfect for active adults, students or the savvy investor. An energy-efficient development, Greenbridge offers three green rooftops, solar and thermal heated water, LED recessed lighting and high performance recycled glass floor to ceiling windows. Additional amenities include the sky lounge, media center and concierge and parking.

About SMA Greenbridge Owner LLC:
The Owner, SMA Greenbridge Owner LLC, is controlled by Square Mile Capital Management LLC, a private New York-based investment firm which focuses on real estate and real estate related opportunities, including both debt and equity investments on behalf of select institutional and private investors. Square Mile takes a value oriented approach to its investment activities, with an emphasis on opportunities to acquire or capitalize assets or enterprises which are undervalued, overlooked, complex or mispriced. Since inception, Square Mile has invested nearly $2 billion of equity in approximately 100 distinct investments.

About The Lundy Group:
Started in 1986, Lundy is a small company specializing in high value commercial, mixed use and in-fill real estate development leasing and management. The talented individuals at Lundy have direct hands-on experience in leasing, managing, financing, developing, purchasing, owning and selling all types of commercial real estate. The Lundy Group provides full-service development, leasing general brokerage, and construction management for tenants and clients. Lundy offers analysis of space needs and location requirements and can negotiate the best possible lease terms and conditions. For more information, visit http://www.lundygroup.com.
Contact Information
Greenbridge Condominiums
Robert Buhler
919-233-6600
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