Other Transactions
Exmore – LoSo (Lower South End)
Charlotte, NC
3.77 Acres Multifamily Site & .739 Acres Office Site
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3.77 Acres Multifamily Site & .739 Acres Office Site
Tremont Square is an infill residential project located in the highly desirable South End area of Charlotte, NC. Carolina Capital (CC) purchased a 4.5 acre site and developed 74 finished townhome lots.
CC’s investment objective was to acquire the land and rezone to a TS (transit supported) overlay, which would allow up to 17 units per acre, and develop the infrastructure needed for a national homebuilder. The infill project has a high barrier to entry, and benefits from the lack of supply and high demand for finished townhome lots.