HUNTERSVILLE, N.C. — Michael Jordan’s and Denny Hamlin’s 23XI Racing NASCAR team has purchased property for what is presumably its future headquarters in Huntersville.
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An entity named 2311 Real Estate Holdings LLC purchased 15 acres at Statesville and Alexandriana roads in mid-July, according to Mecklenburg County real estate records. It paid $3.7 million for the site, which is part of a larger mixed-use development that was approved by town leaders earlier in March. The mixed-use development is headed by developer Jake Palillo, who leads the entity that sold the land to 2311 Real Estate Holdings.
A spokesperson for 23XI Racing confirmed to the Charlotte Business Journal that the team purchased land “for a potential future expansion.”
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