Bennett Realty & Development Expands Reach With Second Location

CHARLOTTE, N.C., May 6, 2019 /PRNewswire/ -- Bennett Realty & Development has chosen Charlotte, North Carolina for its second office location. After a comprehensive search of several cities along the east coast, the decision was made to expand into the Charlotte market. With an ever-expanding workforce and population base, the metropolitan Charlotte market has seen the seventh-largest population increase in the U.S. since 2017, presenting an enormous long-term growth opportunity.  Citing the region's promising economic outlook, which includes a projected twenty percent employee base increase over the next five years, the Company believes in the tremendous opportunity for commercial and multi-family development.  Founder and President of Bennett Realty & Development Tyler Bennett commented that, "Charlotte has experienced massive growth in the past decade in jobs, investment, and construction. I have witnessed the mass migration of people, industry, and many blue-chip companies to the southeast and believe in the long-term potential of that migration. Our search for a second location was precise and deliberate. While we considered several other markets, in the end the long-term growth upside of the region brought us to Charlotte."

The new Charlotte location will focus on commercial and multi-family development opportunities and be managed by VP of Acquisitions, James Tobin. James brings two decades of real estate and development experience to Bennett Realty & Development. Over his career James has completed a multitude of complex development deals which have included both multi-family and retail components. When asked what brought him to Bennett Realty & Development and taking on the challenge of helping to expand the company into a new market, James remarked, "I've known Tyler for over ten years, and we have collaborated on many real estate transactions. I was enthused to become a part of the Bennett Realty & Development team and spearhead the Charlotte office. Opportunities like this are rare and our common, long-term approach to the business is very synergistic. I look forward to helping Bennett Realty & Development in the southeast."

The new location in Charlotte will enable the firm to spread its reach to most of the east coast, especially for the firm's preferred development platform. "Having an office in Charlotte, North Carolina will give us a presence nearly everywhere in the southeast," says Tyler Bennett. "It will allow our retail preferred developer platform to expand while offering our current clients more coverage in a dynamically growing region of the United States."

Bennett Realty & Development is a fully integrated boutique commercial real estate company with offices in New Jersey and North Carolina. Our unique platform focuses on the East Coast of the United States and affords our clients an unrivaled approach to accomplishment in the development, Tenant Representation, and Landlord space. We pride ourselves on doing our job with uncommon hustle which provides our clients with unrivaled results. Visit bennettrealtyllc.com for more about us and what we can do for you.

Colleen Schenk, 732.837.4224, [email protected]

SOURCE Bennett Realty & Development

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