Project Description

Mallard Creek Stem Academy

Charlotte, North Carolina

Mallard Creek is a 61,000-SF facility located on 28 acres in Charlotte, NC with a capacity of over 1,100 students. This investment followed the state’s elimination of its cap of 100 charter schools in 2011.

Investment Strategy:   The land was acquired and the facility was constructed as a build-to-suit facility for the operator as a K-8 charter school, providing stable rent from a qualified operator.

Acquisition Date:  October 2012.

​Disposition:  May 2019 to the charter school operator.