Cushman & Wakefield has arranged the sale of a ± 17-acre land site in Maiden, NC slated for a 240-unit multifamily development named Catawba Village. Battle Smith, Alex Phillips, Austin Green and Alex McDermott of Cushman & Wakefield represented the seller Cornelius-based North State Development LLC. Construction company Inch & Co. purchased the site and will serve as owner/developer for Catawba Village multifamily project.
Smith, associate at Cushman & Wakefield commented “Inch & Co.’s acquisition of this property adds to their expanding portfolio with over 4,900 units now including their first deal in the Carolinas.” He added that “Catawba Village is positioned to benefit from continued northwestern growth of Charlotte and Lake Norman area while capitalizing on current development barriers for multifamily product in surrounding Mooresville and Denver areas.”
The transaction was an honor to be part of according Smith who expressed excitement about seeing Inch&Co’s plans come into fruition soon.
