commercial real estate

This tag is associated with 6 posts
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 […]