ATAPCO PROPERTIES ANNOUNCES VERBATIM LEASE AT UNIVERSITY EXECUTIVE PARK

Charlotte, NC- Atapco Properties is excited to welcome technology media company Verbatim, to University Executive Park, a 50-acre, 13-building office and medical park located in Charlotte, North Carolina.

Verbatim is scheduled to relocate to the office park’s 8210 University Executive Park Drive building in September 2016 and will occupy 21,634 square feet, roughly 37% of the building.

The lease comes shortly after the completion of University Executive Park’s recent multi-million dollar renovation initiative. The park’s extensive upgrades include exterior and interior high-end updates as well as new tenant-focused amenities such as a 3,000 square foot fitness center, outdoor lounge and courtyard with a fountain and patio seating, and a three-room business center.

University Executive Park is located just off of I-85 at the Harris Boulevard exit and is adjacent to the forthcoming LYNX Blue Line (light-rail) station at North Tryon Street and McCullough Drive.

Maurice Dashiell, Vice President of Asset Management at Atapco Properties, commented, “The park’s meaningful capital improvements and upgrades have been assiduously focused on maximizing the tenant work environment and experience here at University Executive Park. The property’s prime location, seamless access to mass-transit with the future LYNX Blue Line station, along with vibrant and amenity-driven workspaces all provide the ideal location for our tenants to thrive and attract the best quality talent. We’re honored that Verbatim has chosen to re-locate its company headquarters to University Executive Park; it demonstrates that our investment in realizing the property’s potential as the region’s premier office park is paying off.”

About Verbatim

Verbatim/MKM (Mitsubishi Kagaku Media Group) is an international organization that develops and markets innovative, high-quality products for storing, moving and using digital content. Known for its leadership in the removable storage media and related accessories markets, the company provides reliable, unique technologies and products that are highly sought after and broadly distributed worldwide.

About Atapco Properties

Atapco Properties is a wholly owned subsidiary of American Trading and Production Corporation, which was originally formed to consolidate, expand and diversify the business activities of the Blaustein family, the founders of the American Oil Company (AMOCO). Atapco Properties is active in Maryland, Delaware, Indiana, North Carolina, Pennsylvania, Tennessee, and Virginia, developing state-of-the-art industrial, retail, residential and mixed-use projects with an emphasis on sustainability and green building standards. For more information on Atapco Properties, visit www.atapcoproperties.com.