News 2018-04-05T04:03:10+00:00

News

Selwyn Property Group Checks Out the Light Rail Extension

Part of the SPG team rode the new light rail extension all the way up to UNC Charlotte & back last week. We had a great time & spotted lots of exciting development activity along the rail line!

May 1st, 2018|

Selwyn Property Group Represents Buyer of 5105-5109 Monroe Road

5105-5109 Monroe Road aerial

Liz Wohlrab and Roger Cobb represented Charlotte Natural Health Group, LLC in the purchase of 5105-5109 Monroe Road. The 1.3 acre property, comprised of three buildings that total +/- 12,000 SF, sold for $1,090,000. The seller was represented by Thurman Brooks with The Providence Group. The Providence Group will continue to lease and manage the property.

February 21st, 2018|

Selwyn Property Group Represents CRRA in Midtown Property Sale

Midtown Rendering

Roger Cobb and Grey Poole represented the Charlotte Regional Realtor Association in the first stage of the sale of their property located adjacent to Pearle Street Park on Kenilworth Avenue and Greenwood Cliff Road. Pappas Properties purchased 3.54 acres for $14,000,000 with plans for a mixed-use development at the overall 5.2 acre site. The first phase of the project will include an extension of Pearl Park Way and Berkeley Avenue to the construction of a new headquarters for the CRRA and the Mingle School of Real Estate. The final goal is a “high-density, mixed-use development in Midtown”, the Realtor association’s officials said in a statement. Initial plans from Pappas Properties included almost 200 apartments, 168,000 square feet of new office space, a hotel with up to 150 rooms, shops, restaurants and changes to adjacent Pearl Street Park. Selwyn Property Group will continue to provide consulting services to the CRRA during the planning and predevelopment process.

For more information, please reference the link below.

https://www.bizjournals.com/charlotte/news/2017/09/12/sale-of-midtown-property-slated-for-redevelopment.html?ana=e_ae_set1&s=scroll&ed=2017-09-12&u=AkjEmifvUOfhhOpJ20kbXg0d146873&t=1505249224&j=78813211

September 13th, 2017|

Second Hotel Site at Crescent Stonewall Station Acquired

Stonewall Station

The second of two planned hotel sites at Crescent Communities’ mixed-use development project in uptown Charlotte has been acquired. Mayfair Street Partners purchased a 0.4-acre site on the block where Crescent’s apartments, 47,000-square-foot Whole Foods Market and parking deck have already topped out. Mayfair Street Partners acquired the site for $4,500,000 on August 30th.

Kurt Schoenhoff, with Selwyn Property Group, represented both Mayfair Street Partners and Crescent Communities in the land transaction. MSP plans to develop a 10-story, 181-room hotel on the site in a joint venture with Sefira Capital, a real estate private equity group based in North Miami Beach, Florida.

For more information, please reference the link below.

https://www.bizjournals.com/charlotte/news/2017/08/31/second-hotel-site-at-crescent-stonewall-station.html?ana=e_clt_bn&u=AkjEmifvUOfhhOpJ20kbXg0d146873&t=1504891393&j=78767531

 

September 8th, 2017|

Selwyn Property Group Represents Seller of 326 W. 10th Street

Coleman Lew Exterior Photo 1

Roger Cobb and Liz Wohlrab, with Selwyn Property Group, represented Coleman Lew and Associates in the sale of 326 W. 10th Street. Lindley Law, represented by Rusty Gibbs with The Nichols Company, paid $975,000 for the Fourth Ward property. The 4,296 square foot, two story house was moved from Church Street in the mid 1980’s and converted to an office building.

August 15th, 2017|

Selwyn Property Group Represents Seller of 1712 Euclid Ave.

1712 Euclid Ave. Main Photo

Roger Cobb and Liz Wohlrab represented Carolina Copy Services Property, LLC in the sale of 1712 Euclid Ave. Spaniel Commercial Properties, LLC, represented by Marissa Boyle with Keller Williams, purchased the property. This three-story, 4,271 square foot office building sold for $910,000.

April 26th, 2017|