V. Jay Hiemenz Of Alliance Residential Acquires 3.39 Acres In Charlotte For $13.5M

A 3.39-acre land site at 1306 Berryhill Road in Charlotte, NC, was sold for $13,500,000. This property is situated in a prominent market, and the sale was executed by two separate entities, Beacon Partners and Browder Brown. The buyer plans to develop a 336-unit apartment community named Broadstone Enderly Park, with plans to commence construction by year-end 2026 and deliver units by 2028.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $13,500,000
• Buyer: V. Jay Hiemenz - Alliance Residential Company
• Seller: Pete Lash - Beacon Partners
• Seller: Matthew Browder - Browder Brown
• Market: Charlotte, NC
• Acres: 3.39

The transaction involved key players in the real estate development sector. V. Jay Hiemenz represents Alliance Residential Company, which specializes in multifamily housing developments. The sellers, Pete Lash and Matthew Browder, are associated with Beacon Partners and Browder Brown, respectively, both of which are known for their involvement in commercial and residential developments.