Joe Blosser Of The David And Helen Congdon Family Foundation Acquires Mixed-Use Properties In High Point For $5M

The transaction involved two properties located at 214 West English Road and 208 North Elm Street, High Point, NC, with a total of 1.71 acres. The buyer, Joe Blosser, representing The David and Helen Congdon Family Foundation, acquired the mixed-use assets for a sale price of $5,000,000. The properties include a vacant 21,000-square-foot former antiques showroom.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $5,000,000
• Buyer: Joe Blosser - The David and Helen Congdon Family Foundation
• Seller: Dr. Lenny Peters - Peters Development, LLC
• Address: 214 West English Road & 208 North Elm Street, High Point, NC
• Acres: 1.71

The buyer intends to repurpose the former antiques showroom to enhance downtown activity. Additionally, plans are in place to reseal the English Road site for parking, which will support Congdon Yards and a planned urban park.