{"id":2705,"date":"2022-04-04T09:37:28","date_gmt":"2022-04-04T13:37:28","guid":{"rendered":"https:\/\/www.lee-associates.com\/raleigh\/?p=2705"},"modified":"2022-04-04T09:37:28","modified_gmt":"2022-04-04T13:37:28","slug":"chatham-park-developer-snaps-up-nearly-50-acres-in-lee-county","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/raleigh\/2022\/04\/04\/chatham-park-developer-snaps-up-nearly-50-acres-in-lee-county\/","title":{"rendered":"Chatham Park developer snaps up nearly 50 acres in Lee County"},"content":{"rendered":"

 <\/p>\n

\"\"<\/a>By Evan Hoopfer
\nStaff Writer, Triangle Business Journal
\nMarch 28, 2022<\/p>\n

One of the developers behind Chatham Park recently turned his gaze southward to Lee County.<\/p>\n

1715 Carthage Street LLC \u2013 a business addressed to Cary-based Preston Development \u2013 purchased about 48 acres in Lee County for $1.9 million, according to a deed filed March 17. The land sits along Carthage Road about five minutes south of downtown Sanford.<\/p>\n

The purchase signifies how hot of a housing market Sanford, and Lee County in general, has become. During one Sanford City Council meeting earlier this month, over 1,000 new homes were approved.<\/p>\n

Lee & Associates Raleigh-Durham broker Hunter Stewart<\/a>, MBA represented the seller in the transaction, and Russell Stewart<\/a>, JD and Moss Withers<\/a>, SIOR, MBA, represented the buyer.<\/p>\n

READ MORE ><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

  By Evan Hoopfer Staff Writer, Triangle Business Journal March 28, 2022 One of the developers behind Chatham Park recently turned his gaze southward to Lee County. 1715 Carthage Street LLC \u2013 a business addressed to Cary-based Preston Development \u2013 purchased about 48 acres in Lee County for $1.9 million, according to a deed filed March 17. The land sits along Carthage Road about five minutes south of downtown Sanford. The purchase signifies how hot…<\/p>\n","protected":false},"author":85,"featured_media":2706,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2705","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"\nChatham Park developer snaps up nearly 50 acres in Lee County - Lee & Associates | Raleigh Durham<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/raleigh\/2022\/04\/04\/chatham-park-developer-snaps-up-nearly-50-acres-in-lee-county\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chatham Park developer snaps up nearly 50 acres in Lee County\" \/>\n<meta property=\"og:description\" content=\"  By Evan Hoopfer Staff Writer, Triangle Business Journal March 28, 2022 One of the developers behind Chatham Park recently turned his gaze southward to Lee County. 1715 Carthage Street LLC \u2013 a business addressed to Cary-based Preston Development \u2013 purchased about 48 acres in Lee County for $1.9 million, according to a deed filed March 17. 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