Franchise News

Mixed-Use Property Sells for $5M; New Salon Planned

View the full article at the Triad Business Journal. 

Glen Rock, N.J.-based The Bedrin Org. this week purchased St. George Square in Winston-Salem for $5.11 million and plans to build the Triad’s second Salons by JC there.

The mixed-use property, built in 2008 and located off Hanes Mall Boulevard, includes two buildings that total nearly 41,000 square feet, as well as two pad sites, where The Bedrin Org. expects additional development.

The site was sold by 620 St. George Square Ct. LLC, an entity managed by Stabilis Fund I LP, a New York-based private equity fund. Bedrin said an affiliate of Channel Real Estate Funds provided half of the equity, with the Bedrin family putting in the balance. CBRE represented the seller in the transaction.

The Bedrin Org. owns a half-dozen properties throughout Greensboro and High Point. St. George Square marks its first Winston-Salem acquisition, according to Garret Bedrin, head of acquisitions and leasing. At closing, the property was 70 percent leased.
Salons by JC, a multitenant beauty salon concept, will be built in about 6,700 square feet of shell space on the second floor of one of the buildings, with construction to begin in September and opening expected in early January. That brings occupancy to 87 percent.
Bedrin said the salon is expected to cost about $800,000. A contractor has not yet been selected.
It is the second Triad location for Garret and Mike Bedrin, the franchisees. They opened a Greensboro location in Caldwell Court shopping center, also owned by The Bedrin Org., earlier this year. That salon is configured into 19 mini-suites that are leased to independent beauty operators. It is now 100 percent leased.

The new salon will have 33 mini-suites, Bedrin said.
Other tenants include Regus, a provider of temporary furnished office suites, in more than 10,000 square feet; Berkshire Hathaway HomeServices in 3,400 square feet; Hakka Chow, an Asian fusion restaurant, in about 5,000 square feet; and Strands Salon & Spa in about 2,000 square feet.
The one-story building also on the property is leased by Tropical Smoothie Cafe, Nothing Bundt Cakes, State Farm Insurance and The Basil Leaf restaurant.
The site has three vacant units — with 1,360, 1,370 and 2,879 square feet — and Charlie Fulk at Meridian Realty in Winston-Salem will handle that leasing. Meridian will manage the property.

“We are aggressively looking to fill up the remaining spaces, including more food, a small private fitness studio like Pure Barre or Orange Theory, or a social-based experience provider like a ‘Paint and Sip,’ wine tasting, ice cream parlor,” Bedrin said.
He hopes to develop the two remaining land pieces for service-oriented retail or medical, perhaps an urgent care or similar facility.
“We think St. George can be a one-stop development to allow someone to rent an office, visit the salon, work out, eat lunch and have a glass of wine with their friends all in a safe, well-located and beautiful environment,” Bedrin said.

Specialist Spotlight Uncategorized

Briyaunna Crawley – Salons by JC Superstar

There was a time when Briyaunna wasn’t sure she wanted to become a nurse or a hairstylist. Her clients today must be real happy she decided to bring her talents to world of cosmetology! Briyaunna Crawley began her career over seven years ago after making the decision to move from her home in Michigan to Greensboro NC. After landing in Greensboro she attended cosmetology school and after graduation began a successful stint at Jade salon where she learned her craft and developed what has become a very loyal following. This past spring she made the leap into self-employment opening Studio B at Salons by JC. Briyaunna was nervous about the move but as she tells it “my clients really love where I am at now and they have come to enjoy the privacy of having my business inside of a Salons by JC.” Briyaunna adds that “My clients have really come through for me. My business has actually grown because of the referrals they are giving me.” Another aspect of the business is that Briyaunna can sell whatever products her clients need. Currently, I offer Design Essentials and use Matrix as my color line. “I am really into healthy hair. Its important to be fit physically and important that your hair has integrity. The right products translate into real healthy hair!”

Briyaunna Crawley Greensboro

A second and perhaps more important aspect has been the freedom to schedule her clients around the needs of her of the clients and her family. As a new mom of a sixteen month old baby that is even more important now than it ever has been. Briyaunna adds that “the flexibility to control my schedule has been a great part of my business.”

Briyaunna runs a full-service salon specializing in blow-outs, color, and more. You can easily connect with her on Facebook and Instagram. Or connect with her by email at [email protected]

Specialist Spotlight

Sanela Meehan – Salons by JC Superstar

Just seconds into a conversation and you know why Sanela Meehan has had a very successful career. Sanela who owns her salon suite at Salons by JC in Danbury is a bundle of energy wrapped around a passionate and dedicated cosmetologist. Sanela began her career nearly 20 years ago after emigrating to the United States from Bosnia as a young teen. A few years after high school she enrolled in cosmetology school and quickly realized her true calling. As Sanela relates it…it was those very difficult years during the war in Bosnia that created in a passion to help others. As a cosmetologist she can do this everyday and really make a difference. Right after school she began to learn the ropes at an Aveda salon and for the next 15 years worked to build a solid clientele that has followed her at every stop.

This past year Sanela saw an ad for Salons by JC and quickly realized that this would be the next logical step in her personal and career path. Sanela calls it “the perfect opportunity” to take care of my clients in a private and very beautiful setting. “My clients really love coming here” because of the one-on-one attention. I really love it because of the freedom to make my own schedule…and the ability to do what needs to be done for my clients. On top of that Sanela adds…we have a Concierge Service that attends to my clients if needed and makes sure the salon is being cared for. Walter Tumm the Concierge at the Danbury Salons by JC added that “Working with Sanela is a real pleasure because of her out-going spirit and passion which really comes across to everyone she meets.”

You can book directly with Sanela by email at [email protected] or stop by the Danbury location anytime to see any of our talented beauty professionals.