Partnership to Recapitalize Gibson Mill Adaptive Reuse Development in Concord, North Carolina

CONCORD, N.C. — A partnership between Charlotte-based real estate investment firm White Point and the Liles family have announced plans to recapitalize Gibson Mill, a 653,000-square-foot adaptive reuse development located in Concord, a northeast suburb of Charlotte. White Point acquired a significant stake in the property, buying out former co-owners Joe Liles and Tom Cotter, who purchased the former Cannon Mills property in 2004. George Liles will remain part of the new ownership group, along w