Morgan Property Group, LLC is pleased to announce the sale of commercial land at the corner of NC Highway 801 and Highway 150 in Mooresville, NC.
On February 18, 2016, Cornerpoint Partners, LLC (“Cornerpoint”) through its affiliate, CP Wags North Carolina, LLC, sold 3.90 acres of vacant land to STEC as Q.I. for Rusher Oil Company. Cornerpoint and General Realty Partners, LLC, a brokerage arm of MPG, represented the Seller. BCB Investments, LLC represented the Buyer. The property is at a signalized location, and is proposed for gas station use.
Cornerpoint Partners is a real estate development and investment partnership with offices in Atlanta, Miami and Washington, D.C. In addition to managing its current portfolio of properties, Cornerpoint is actively pursuing development opportunities in the Southeast and Mid-Atlantic regions. Cornerpoint specializes in mixed-use, retail and industrial properties with a focus on capital preservation and long-term value creation.
For over thirty-eight years, Morgan Property Group has been in the commercial real estate development and brokerage business. MPG focuses on neighborhood shopping centers, multi-tenant buildings, and single-tenant projects anchored by a variety of national and regional retailers. The company and its affiliates are developing multiple retail, mixed use, and urgent care medical projects throughout the Mid-Atlantic and Southeast. To find out more, follow Morgan Property Group on Facebook and Twitter @MPG_Development or visit our website at www.morganpg.com.