CHARLOTTE, NC – July 25, 2018 – HFF announces the sale of a 37.94-acre land site within University Research Park in Charlotte, North Carolina.

The HFF team marketed the property on behalf of the seller, Crescent Communities.  Mattamy Homes purchased the site free and clear of existing financing.

The property is located along Governor Hunt Road to the east of Interstate 85 in the 3.5 million-square-foot University Research Park, which is the region’s second largest employment center and home to some of the region’s fastest-growing financial services, energy, technology and healthcare employers.  The property was rezoned for residential use prior to sale, and the new owner plans to develop a townhome community on the site.

The HFF investment advisory team representing the seller consisted of senior director Hunter Barron, director Sarah Godwin and managing director Justin Good.