Cara Smith-Tenta

<div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p>A Birmingham, Alabama-based developer is planning its first project in Charlotte, North Carolina, which is a bustling southeastern metropolis that has been fielding robust demand from out-of-state investors and developers. </p></div></div>

United States

Multifamily

Company Spent More Than $7 Million on the Land

Developer Snags Land for First Project in Charlotte, North Carolina

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CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

CoStar has introduced a new market-based program recognizing the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction will be singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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Developer Snags Land for First Project in Charlotte, North Carolina

Company Spent More Than $7 Million on the Land

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