CHARLOTTE-One of the latest projects here along West Morehead is the renovation of the old Grinnell Fire Protection Systems Co. office building and warehouse.

The property owner, Ed McCoy of McCoy Holdings, says he bought the buildings after Grinnell relocated operations about a year ago. The finished product will be called Grinnell Water Works, retaining some of the flavor of the past.

The 53,000-sf warehouse already has its first tenant. Two recently-merged companies have signed a five-year lease to occupy 23,980 sf by the end of the year. The companies, Indianapolis-based Allegiant Technology and Vicious Systems, a Charlotte company, have over 200 employees and provide consulting and technology solutions for e-commerce.

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