Riverside Investment & Development Acquires 2.75 Acres Of Land In Charlotte, NC For $35M

The sale of a 2.75-acre land property located in Charlotte, NC, has been completed. The property, owned by Morehead Tryon Properties and represented by Brian Dominick, was acquired by Riverside Investment & Development Company, with Anthony Scacco as the company's representative. The transaction took place on January 3, 2022.

Summary of transaction details:

• Property Type: Land
• Sale Price: $35,000,000
• Square Footage: 850,000
• Price per Square Foot: $41

Anthony Scacco, representing Riverside Investment & Development Company, played a significant role in the transaction as the buyer. On the other hand, Brian Dominick represented Morehead Tryon Properties as the seller. The sale price of $35,000,000 reflects the value of the 2.75-acre land property. The extensive square footage of 850,000 and the price per square foot of $41 further demonstrate the significance of this transaction.