The Morgan Companies Announces Acquisition of Two Properties for New Aspen Dental and Starbucks Developments in North Carolina

New Aspen Dental and Starbucks Developments in North Carolina

Waynesville, NC / Dallas, NC – (July 2024)  – The Morgan Companies, a leading real estate development firm, is pleased to announce the recent acquisition and development plans for two new properties in North Carolina. These developments include a new freestanding Aspen Dental location in Waynesville, NC, and a new freestanding Starbucks store with drive-thru in Dallas, NC. Both projects are currently in the governmental approval process, with an expected construction start in the first quarter of 2025.

The acquisition of these properties underscores The Morgan Companies’ commitment to expanding its portfolio of high-quality retail and service-oriented developments across the United States. The new Aspen Dental and Starbucks locations are strategically positioned to serve their respective communities with convenient access and modern prototypes.

“We are excited to bring these new developments to Waynesville and Dallas,” said Jonathon Wylie, Vice President of Development at The Morgan Companies. “Our goal is to create spaces that not only meet the needs of the local residents but also enhance the community by providing jobs and contributing to the economic growth of these areas.”

The Morgan Companies has recently completed two Starbucks projects in Hickory, North Carolina and Avondale, Arizona, and also recently completed a project with Aspen Dental as part of a Publix anchored project in Burlington, North Carolina. For more information about The Morgan Companies and its current projects, please visit www.themorgancos.com.

About The Morgan Companies

For more than 47 years, the professionals at The Morgan Companies have produced quality commercial developments for its principals, clients, and investors. The company has acquired, developed, managed, and leased over $1 billion in multi-sector assets in markets across the eastern U.S.  The Morgan Companies currently has projects under construction in North Carolina, South Carolina, Virginia and Florida.  For more information, please visit www.themorgancos.com.

About Starbucks

Starbucks is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It was founded in 1971 and is currently the world’s largest coffeehouse chain.

About Aspen Dental

Aspen Dental is a nationwide network of dental care practices known for providing accessible and comprehensive dental services across the United States. They focus on offering a wide range of treatments and flexible financing options to cater to diverse dental needs.