Real Estate
Project planned for prime commercial property in Cornelius
July 30. By Dave Vieser. Developer Jake Palillo is proposing a 252 unit multi-family complex along with retail and commercial on the White House Garden property adjacent to the Wher-Rena Boatland on West Catawba Avenue. The proposal went before the Cornelius Pre Development Committee this week. There may be some rough water ahead. “This may […]
Homebuyers will be looking for COVID-19 precautions
May 26. Whether you’re looking to buy or sell, real estate agents are meeting with buyers for home tours again, which can raise questions and concerns about safety amidst the COVID-19 pandemic. Chelle Jeffery, a physician assistant at Novant Health New Garden Medical Associates, offers advice on how to stay safe—beyond social distancing—if you’re searching […]
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 […]
