Stroud Closes Second Large Land Deal of 2020

August 28th, 2020

Tri Properties | NAI Carolantic is pleased to share the second large and notable land deal, transforming the future landscape of our region, in 2020 by mover and shaker Steve Stroud, SIOR. Despite the pandemic, this activity shows land transactions to continue to be of value to investors.

Steve represented the owners including Wendell Action LLC, Neuseoco LLC, Capital Funds Inc, and Royster Wendell LLC in the sale of 106 acres to Wake Technical Community College, located along I-87 and Hwy 64 Business/Wendell Boulevard in Wendell. You can read more here about Wake Tech’s plans. And they are sharing this video on their YouTube.

In July, Steve represented multiple owners in the sale of 749 acres of land in Sanford, for the largest planned development in Lee County. Steve has always said that, “Sanford will be the next incredible opportunity in the market.” That sale is proving his predictions as others take note and confidence increases in Lee County. Read more here.