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Atlanta & Southeast  + Southeast  + Apartments  |  October 8, 2020
David Cohen
By: David Cohen

CushWake Brokers $10M Sale of Charlotte MF Development Site

Cushman & Wakefield has brokered the $10.1 million sale of 36th & Tryon, two land parcels totaling more than three acres in Charlotte’s NoDa district.

Located at 3114 and 3214 N. Tryon Street, the development site offers access to Charlotte’s predominantly white-collar employment centers. NoDa is one of Charlotte’s most walkable submarkets and is home to more than 40 restaurants, bars and retailers.

Jordan McCarley and Nolan Ashton of Cushman & Wakefield represented the seller, Aston Properties, in the transaction. Avery Hall and Aria Development Group acquired the land and plan to develop a Class A multifamily building at the site. Aston Properties will retain the existing 14,000-square-foot building and two-acre tract of land adjacent to the Avery Hall property.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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