commercial real estate
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 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 […]
