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Stream Realty Partners Buys 11.3-Acre Site In Charlotte For Planned Development

Dallas Firm To Develop 190-unit Active Adult Community On Site
December 8, 2017
Dallas-based Stream Realty Partners has purchased 11.3 acres in Charlotte, NC, where the company plans to develop an active 190-unit adult community.

Stream paid $2.25 million or about $199,000 per acre, for the parcel, which is located on the southeast corner of Highland Creek Parkway and Eastfield Roads at 9246 Highland Creek Parkway. A construction commencement date has not yet been announced.

Brad Murr and Matt McLanahan of MPV handled the deal for the seller, while Sam Shumate with Trinity Partners represented the buyer.

- Please see CoStar COMPS #4071849 for more details on this deal.
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