Faison Enterprises was becoming one of the most successful companies in Charlotte over the last 40 years. Henry started to focus on ways he could give back to his community, partnering with local nonprofits and turning his attention to environmental conservation.
The 2000s were a pivotal time for the firm with its diversification into residential, office and industrial while continuing to focus on retail development and expanding its presence in Washington, DC.
It also marked a period of portfolio rebalancing, with four large strategic dispositions in 2003: River Ridge, Valley View, Southpark and Cross Creek Malls. The moves proved prescient in the face of the Global Financial Crisis and the emergence of the internet’s effect on regional malls.