News

Legacy Closes Major Multi-Family Deal in Villa Heights

Scott Fuller and Greg Godley with Legacy Real Estate Advisors have collaborated with 5 Point Realty’s Michael Doney on a major residential project in Villa Heights, just north of Uptown Charlotte.

The 12.38-acre property sits one block north of The Plaza.

Legacy Real Estate Advisors and 5 Points Realty, who have collaborated together multiple times in the past, represented the seller, a private group of investors.

Central Living by David Weekley Homes, the high-density division of David Weekley Homes offering luxury living in prime locations, will soon be building new homes in Villa Heights. Located in northeast Charlotte, and priced from the mid $300s, Villa Heights will feature three types of homes: townhomes, paired homes and single-family homes.

The new community will be comprised of 68 paired homes, 56 townhomes and three single-family homes. Floor plans will range between 2,100 and 2,800 square feet for the paired homes, between 1,500 and 2,000 square feet for the townhomes and between 2,800 and 3,200 square feet of living space in the single-family homes.

Residents in Villa Heights will enjoy proximity to Optimist Park neighborhood and Cordelia Park, a 24-acre urban park with community gardens, playground, pool and walking trails.

“We are very excited about this project,” said Scott Fuller, Broker at Legacy Real Estate Advisors. “It is a huge step forward for the Villa Heights community that has waited patiently for this land to be developed.”

Central Living by David Weekley Homes is also building in two other Charlotte-area communities: McClintock and Brightwalk. McClintock is located in the Plaza-Midwood area and will offer three-story townhomes starting from the $500,000s and Brightwalk will consist of 50 multi-story townhomes starting from the $300,000s.

About Legacy Real Estate Advisors

Legacy Real Estate Advisors, LLC, provides a full complement of commercial real estate services to owners and investors of office, retail, industrial and land properties throughout the Southeast. Legacy’s professionals have more than 100 years of combined experience in the commercial real estate industry. Our partners draw experience from divergent backgrounds ranging commercial and investment banking to real estate development. Legacy’s brokerage services include agency leasing, tenant representation, sales and divestitures. We focus primarily on urban markets in the metro-Charlotte area. However, we also place a heavy emphasis on corridor development in suburban areas of the Charlotte Metropolitan Statistical Area (MSA). (www.legacycre.com)

About Central Living by David Weekley Homes

Central Living by David Weekley Homes offers innovative, open designs ideal for entertaining, relaxing and everyday living. Discover the low-maintenance lifestyle you want, in a location you’ll love: proximity to dining, entertainment, cultural hubs and major employers; new, architecturally-designed and energy-efficient homes in established areas; built by the nation’s largest privately-owned home builder. David Weekley Homes, founded in 1976, is headquartered in Houston and operates in 20 cities across the United States. David Weekley Homes was the first builder in the United States to be awarded the Triple Crown of American Home Building, an honor which includes “America’s Best Builder,” “National Housing Quality Award” and “National Builder of the Year.” Weekley has also appeared 13 times on FORTUNE magazine’s “100 Best Companies to Work For®” list. Since inception, David Weekley Homes has closed more than 90,000 homes. (www.davidweekleyhomes.com/page/centralliving)

About 5 Points Realty

5 Points Realty stays ahead of market and design trend in buying, selling, and developing real estate for our valued clients. We are curiously passionate about design and performance, and adapt and evolve with effective marketing and sales technologies. We embrace new ways of living and creating, and stay current about green building techniques, sustainable living, and modern planning. We are constantly inspired to bring a fresh vision, vitality, and aliveness to our neighborhoods. We partner with our clients in crafting ideas and turning them into a reality. We merge sharing our informed experience with our buyer and seller clients, with fresh techniques from an insider’s point of view. The deep, dynamic experiences of our broker team brings our clients reliable guidance informed from a collective knowledge that is unparalleled in our market. Our brokers and owners have decades of experience in all facets of real estate, construction, development, marketing, and sales. We attract and retain brokers that are enriched from their diverse backgrounds from veterans, teachers, engineers, and builders. 5 Points Realty navigated the pitfalls of the lowest point in the real estate industry for our clients. Our determination for the best outcome for those we work for strengthened us and thus our brand. Our clients’ success, trust, and loyalty is our legacy. (www.5pointsrealty.com)


Novel Montford Park

Novel Montford Park welcomes first residents to imaginative South Charlotte development. Also includes 16,000 square feet of ground-floor retail fronting Park Road.
The property is one of five in Charlotte that Crescent has under construction or is leasing up. Novel Stonewall Station and Novel NoDa delivered last year and Novel Research Park and Novel Atherton are in the final stages of construction.

For all you Charlotte Commercial Real Estate Needs
Contact  Adam Williams with Legacy Real Estate Advisors, LLC
Office: 704.373.1800 

Adam Williams at Legacy Real Estate Advisorsis handling retail leasing at Novel Montford Park.

https://www.bizjournals.com/charlotte/news/2019/04/18/new-park-road-apartment-development-nearing.html


Tupelo Honey Cafe snags uptown

This second location is anticipated to be open by early fall in uptown.


Tupelo Honey characterizes itself as a New South kitchen, offering up familiar comfort food with a modern twist.

“We are thrilled to share our scratch-made Southern favorites with even more guests in the Queen City,” says Christin Prince, senior vice president of marketing.
The design of new space is underway with more details coming “soon,” Prince says. The decor will be similar to Tupelo’s recently remodeled stores in Asheville.
The concept originated in Asheville in 2000. The brand is known for dishing up its take on Southern cuisine. Think made-from-scratch options for breakfast, brunch, lunch and dinner.

Adam Williams and Kate Yates with Legacy Real Estate Advisors represented the landlord.

https://www.bizjournals.com/charlotte/news/2019/03/13/popular-southern-cafe-snags-uptown-location.html?ana=e_ae_set1&s=article_du&ed=2019-03-13&u=FqutU8i2sJV6j2WXICAysw098282a5&t=1552504551&j=87212851


Inishmore Grand in April 2019

Inishmore is on track to open the first week of April. We are very pleased to be part of this awsome opening.
The bar will dish up quality, from-scratch food in a welcoming environment.
Expect this Dilworth pub to deliver a taste of Ireland — though influenced by its Southern roots.

https://www.bizjournals.com/charlotte/news/2019/03/11/owner-of-uptown-irish-pub-details-plans-for-new.html?ana=e_ae_set1&s=article_du&ed=2019-03-11&u=FqutU8i2sJV6j2WXICAysw098282a5&t=1552400081&j=87165591

David Tschirhart partner at Legacy Real Estate Advisors represented Murphy on both deals. What an honor to be part of this major positive change in the Queen City!

For all you Charlotte Commercial Real Estate Needs
Contact  David Tschirthart of Legacy Real Estate Advisors, LLC
Office: 704.373.1800 
dtschirthart@legacycre.com


PEPPERVINE ONE OF THE BEST NEW RESTAURANTS IN CHARLOTTE

Progressive American restaurant from the owners of Banner Elk’s Artisanal restaurant, now open in SouthPark.

Adam Williams and David Tschirthart both partners at Legacy Real Estate Advisors represented Peppervine in our Queen City. We are very excited to be part of the amazing growth.
Our experienced brokers and team members are committed to exceed the expectations of our clients and providing the highest levels of service.

For all you Charlotte Commercial Real Estate Needs
Contact  Adam Williams & David Tschirthart of Legacy Real Estate Advisors, LLC
Office: 704.373.1800 
awilliams@legacycre.com & dtschirthart@legacycre.com

Adam William CRE Broker Retail Specialist