Two uptown eateries shut their doors this week when Northpond Partners cut off their leases due to missed payments.
The closures struck 800° Carolinas, which served food at The Alley at Latta Arcade, and Bar One Lounge at The Stuward, the building once known as Packard Place. The property firm cited ongoing financial issues as the main factor in their decision.
“Unfortunately, they have continued to fall short of their lease obligations. With no clear path forward, this became the necessary step to make these prime spaces available for tenants better positioned for long-term success,” said Northpond Partners per the Charlotte Business Journal…