Real Estate
Premier Sotheby’s International topped $5 billion in sales in ‘19
Feb. 12. Premier Sotheby’s International Realty total sales volume hit $5.2 billion in 2019, a 15 percent increase year-over-year. Average sales price was $725,116, up 3 percent from the year before. The Naples, Fla. brokerage, which has an office in Jetton Village, closed 7,129 transactions, up 11 percent from 2018. The North Carolina region reported […]
Real Estate Transactions Jan. 2020
Mecklenburg County 12/16/19 $455,000 Standard Pacific of the Carolinas to Mary Beth & Mark Davis, 16708 Setter Point Ln., Davidson 12/16/19 $405,000 Jon & Julie Giles to Douglas & Jennifer Poppen, 19100 Ruffner Dr., Cornelius 12/16/19 $295,000 Carmax Auto Superstores Inc. to Andrew & Melissa Kruep, 7913 Bridegegate Dr., Huntersville 12/17/19 $528,000 James & Debora […]
Allen Tate raises $144K for public education
Dec. 17. Regional events sponsored by Allen Tate this past fall brought in $144,000 for public education in the Carolinas. Allen Tate’s FUNday 22-year total is $2.35 million. FUNday is a fundraising event where agents and professional staff come together in a social setting, with vendor sponsors. For the first time this year, five regional […]
If commuter rail is on track for Matthews, what happened to the North Line?
Nov. 12. By Debbie Griffin and Dave Yochum. As Charlotte ponders a $4 billion commuter rail between Matthews and Belmont—and a high-speed rail line between Charlotte and Atlanta is in the midst of discussion—it’s more and more clear that Lake Norman commuters are stuck with toll lanes and diminishing prospects for commuter rail. The Charlotte […]
Sprizzi not coming to Cornelius after all
Aug. 5. By Dave Yochum. Plans for the much-heralded Sprizzi Bev-Co. operation in the old Michael Waltrip Raceworld complex on Liverpool have fizzled out. An unnamed entity is buying Sprizzi for an undisclosed amount, according to Tim Goff, the president and CEO of Sprizzi. In December, Cornelius officials said they expected Sprizzi would create 250 […]
Real Estate Transactions May – June 2019
Cabarrus County 06/07/19 $286,000 Gregory Villerosa & Barbara Agnello to Paul & Sharon Helton, 816 Treva Anne Dr., Concord 06/07/19 $259,000 Francesco & Joanne Isgro to John & Ruth Puleo, 5341 Kim St., Concord 06/07/19 $289,000 Steven & Laura Linker to Matthew & Stephanie McSparran, 2578 Laurelview Dr., Concord 06/07/19 $552,500 Park View Estates, LLC […]
Lowe’s picks Charlotte for tech hub
June 29. Mooresville-based home improvement company Lowe’s will bring 1,600 new jobs to a new $153 million technology center in Charlotte. Fopur hundred employees will be relocated from Mooresville. Average annual salaries will be over $114,000. Lowe’s received $54 million in incentives, helping Charlotte land this project over Dallas, Texas. The 23-story Design Center Tower will […]
Augustalee property is under contract
June 11. By Dave Yochum. One of the most significant development sites in Lake Norman is under contract, years after the original project—known as Augustalee—flamed across the economic development sky into foreclosure. The sale price and buyer likely won’t be disclosed until after a 150-day due diligence period is completed. Executives at Concord-based ACN purchased […]
Greenheck, a manufacturer, announces $58.8 million expansion in Shelby
May 30. Greenheck Group, a Wisconsin-based manufacturer of commercial and industrial ventilation equipment, will build a $58.8 million campus in Shelby, bringing 400 new jobs. Greenheck already employs more than 400 people in North Carolina. “With the addition of a campus we will be able to offer team members a variety of career opportunities and […]
Allen Tate No. 8 nationwide among independent firms
April 23. Allen Tate Cos., one of the major forces in residential real estate in Lake Norman and Cabarrus, is also one of the largest real estate companies in the nation. It is No. 8 in the U.S. among independent real estate firms, and No. 14 among all firms including franchise operations. The news was […]
