Cushman & Wakefield Represents Bucci Development in Disposition of Suburban Charlotte Multifamily Community

7/15/19

Cushman & Wakefield has arranged the $57.75 million sale of The Village at Lake Wylie in Lake Wylie, South Carolina, on behalf of Bucci Development. Jordan McCarley,Tai Cohen, and Marc Robinson of Cushman & Wakefield represented Bucci in the transaction with Southwood Realty/Triangle Real Estate.

Developed in 2002 by Bucci Development, the 392-unit, gated apartment community featuresan attractive amenities package including a clubhouse with business center and fitness center, swimming pool with modern sun deck, an outdoor fire pit, grilling patio, lake access, complimentary boat parking, a professional-size tennis court, putting green, paved walking trail, playground and car care center.

“The Village at Lake Wylie is situated in the booming southwestern submarket of Charlotte that is marked by development and easy access to both high-end retail and jobs,” McCarley said. This will be a very fruitful investment for Southwood Realty/Triangle Real Estate to capitalize on the continued organic growth seen in this region.”

Cushman & Wakefield’s Southeast Multifamily Advisory Group ranked No. 1 in market share in 2018 based on closed transactions, totaling more than $4.5 billion in sales volume, according to Real Capital Analytics. For more information about Cushman & Wakefield’s Southeast Multifamily Advisory Group, visit https://multifamily.cushwake.com.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

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