CHARLOTTE, N.C. — A South End property has traded hands for $7.3 million.
Abacus Capital of Charlotte and Big Cypress Capital of Naples, Florida, intend to invest several million dollars to breathe new life into the Pavilion at South End.
[ [ALSO READ: Atlanta developer plans big project in Charlotte's South End] ]
Read more on the plans for the site.
That joint venture is being funded through Big Cypress’ Headwaters Real Estate Opportunities Fund I.
“We believe this is a well-located and underutilized asset that has tremendous uncaptured upside potential,” says Wes McAdams, managing partner of Abacus Capital.
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