First Colony Evolves To Meet Changing
Real Estate Marketplace

Thirty-Year Old Commercial Real Estate Company Adds Retail, Land Development and Residential Components

First Colony Corporation, a leading provider of Class A office space in the Charlotte region, has undergone a dramatic restructuring evolving into a comprehensive real estate company offering a complete array of real estate products and services.  Started in 1973, First Colony will add to its existing core of general and medical office products with land sales and acquisitions, residential neighborhood development, general office brokerage, property management and retail brokerage services.

"Our new team brings years of commercial real estate experience to First Colony that complements and strengthens our existing members," says E. Allen Brown, founder and president of First Colony. "Our hands-on customer service, combined with an attention to delivering a quality product at a market-conscious price remains our focus."  One common attribute of the new team members is their strong reputations in the real estate community.

Thomas N. Massey, III, takes the helm as Senior Vice President overseeing the various divisions of First Colony with a concentration on investor relations.  Massey, most recently the Chief Financial Officer of Grubb Properties, was formerly a partner in his own firm, Maye & Massey, providing third party leasing and management services to office property owners. 

"The commercial real estate marketplace is expanding and changing, especially in the development of mixed-use sites," says Massey.  "First Colony is raising the bar in our industry in the variety of products offered and the quality of services delivered.  I am proud to be a part of this exciting process."  All First Colony subsidiaries will fold within First Colony Corporation.

Downie Saussy, well-known from Saussy Burbank, will focus on business development, investment partnerships, land brokerage for home builders, as well as commercial and residential land development.  Saussy began in the home building industry in 1978 and grew his company to building almost 300 homes per year in Charlotte, Raleigh and Charleston, SC.

Charles Campbell, former partner at The Providence Group of the Carolinas, will manage the development and brokerage division overseeing the development pipeline, including office and retail, as well as being the managing broker for third-party leasing and sales activities throughout the Carolinas.  Heath Knott, also a former partner at The Providence Group of the Carolinas, will join Campbell in this division.  Knott will broker and develop single-tenant buildings and oversee various commercial and mixed-use developments, including office, retail and single-family uses.  Activity in this division has been so strong, First Colony is considering expanding it with additional broker support.

Tiffany Slayden will continue to lead First Colony's award-winning sales and leasing efforts of their Class A medical and office product core.  She is joined by Mark Quincy, formerly with Bank of America, as their office portfolio continues to grow across the area.

First Colony is known for offering premium commercial space utilizing state-of-the-art design in high-visibility locations.  For further information, please call (704) 362-5000 or visit www.first-colony.com.


Thomas N. Massey, III


Charles Campbell


Heath Knott


Tiffany Slayden


Mark Quincy

 

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