commercial real estate

This tag is associated with 10 posts
Rendering of new buildings in Birkdale as seen from Sam Furr

Plans for hotel, offices, new parking would transform Birkdale again

Oct. 18. By Dave Yochum. If you think of Birkdale Village as you would a house, the 20-year-old property needed a renovation. That’s complete, but now there are plans for major remodeling and expansion. North American Properties (NAP), which purchased the mixed-use center in Charlotte with the intention of creating an entirely new experience, celebrated […]

Phase 2 of Village at Oakhurst

Village at Oakhurst/Phase 2 will go up on Hwy. 21 north of Bailey

Sept. 26. Construction on The Village at Oakhurst/Phase 2 near Hwy. 21 and Bailey Road will begin in October, according to developer Joe Douglas. The 29,300 square foot building will have retail tenants on the first floor and medical offices on the second floor. New Jersey-based GOAT Pizza has already signed a lease. Other tenants […]

The Mendozas will open Eggs Up Grill

Breakfast franchise will take former Matt’s Chicago Dog space in Cornelius

Sept. 20. Eggs Up Grill will open early next year in Turnberry Place at One Norman and West Catawba. Husband-and-wife team Chris and Sofia Mendoza and business partner Alfonso Segura say the 2,500 square foot restaurant will occupy the old Matt’s Chicago Dog space. They will have indoor seating for 94, plus an outdoor patio […]

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Birkdale Village owners planning hotel, offices, 350 multifamily units

Sept. 6. By Dave Yochum. Birkdale Village, the lifestyle center in Huntersville that’s undergoing a $20 million overhaul, is planning to add a hotel, as well as office and commercial space and hundreds of multifamily units. DDRTC Birkdale Village LLC is asking the Town of Huntersville for permission to build: —A 125 room hotel —350 […]

David Dunn_0085

At the car wash: Entrepreneurial concept includes food trucks, leased spaces

June 8. David Dunn realized he had a special piece of property when he purchased the LKN Car Wash on Catawba Avenue in December of 2019. After sprucing up the nearly 1.5 acre lot, the Cornelius Realtor began to host several successful food trucks. Voila: The property is being re-envisioned as a Food Truck Village […]

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Osprey at Lake Norman sells for $116 million

Jan. 13. By Dave Yochum. A lakefront apartment complex in Mooresville has changed hands for more than $100 million in a deal worth more than $400,000 per unit. The Osprey, a 288-unit complex, was sold to a unit of New York Life for $116 million, according to Iredell County real estate records. Sellers The seller […]

Corner Oak

Prime development site grows with another acquisition in downtown Cornelius

Dec. 14. By Dave Yochum. Another piece of the downtown Cornelius redevelopment puzzle appears to have fallen into place. Corner Oak LLC has purchased 21314 Catawba Ave. for $812,500. The seller is John Ralph Harlan who lived for many years with his family on the second floor. In 2016, after renovations, the property was assessed […]

Tom McMahon joins Lake Norman Realty

Sept. 13. Tom McMahon, a veteran commercial real estate broker in Lake Norman and Charlotte, has joined Lake Norman Realty’s commercial division. McMahon created and successfully led the first fully commercial firm in the Lake Norman region 20 years ago. He sold his company in March 2019 to SVN Blackstream. McMahon is also a real […]

Consulting firm expands brokerage division with new VP

March 31. Daniel Bellot will head the newly expanded brokerage division at Rose Associates in Davidson. The firm, which provides real estate, land use and economic development advisory services for public and private sector clients, is focusing on building a local experienced team who best understands local market dynamics, particularly regarding land acquisition and entitlements. […]

Stein Mart in Cornelius

Stein Mart bankruptcy will take out anchor store in Cornelius shopping center

Aug. 13. By Dave Yochum. The local store that was perfect for gifts of all kinds, not to mention discount fashions, bedding and even plus-size clothing, will close as part of a corporate-wide bankruptcy filing. Stein Mart has filed for Chapter 11 bankruptcy and plans to wind down operations in the fourth quarter. All stores […]