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High Profile Commercial Development Land Sells

CHARLOTTE, NORTH CAROLINA:  Cushman & Wakefield | Thalhimer is pleased to announce the sale of approximately 115 acres in northwest Charlotte, North Carolina.  Carolina Commercial Properties, LLC purchased the land for $9,000,000.
    The mixed-use land, known as Mountain Island Promenade, is strategically located at the intersection of I-485 and Hwy 16.  The project is currently entitled for both commercial and residential development. 
    “Mountain Island Promenade received a great deal of interest due to its strong fundamentals.  We continue to see a high level interest in well positioned land” notes Justin M. Good of Cushman & Wakefield | Thalhimer.
   Justin M. Good, Brian A. Craver, CCIM and Karl G. Hudson IV, CCIM of of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the seller.

Written on January 13, 2015