Real Estate

This category contains 137 posts

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 […]

Cornelius Bromont changed the name of the Village of Lake Norman to  Augustalee in 2008. The $515 million project included 655,000 square feet of restaurant/retail space, 810,000 square feet of office space, two hotels and 400 residential condominiums.

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 […]

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Lakefront mansion in The Point sells for $4.78 million

  April 18. A ​stunning ​lakefront estate in ​The Point in ​Mooresville has sold for $4.78 million, one of ​the most expensive sales in Lake Norman—and Charlotte—during the past year. The ​12,000 square foot ​house, at 127 Thurstons Way, ​was listed​ at $5.9 million with Victor and Amy Petrenko of Premier Sotheby’s International​, in Cornelius.​ […]