2012-11-06

Charterwood Approval Challenged

Neighbors have filed a petition asking a District Court judge to reverse the Chapel Hill Town Council's approval of a rezoning and special-use permit for the Charterwood development. “the town abused its discretion and acted outside the scope of its legal authority in approving the SUP,” the petition states. The developer submitted a revised application for the mixed-use project in March, although the land-use ordinance doesn't allow one for a year, it states.

 

2012-05-22

IronClad Self Storage New Ownership

The corporate entity of U-hual, Amerco Real Estate, has purchased the IronClad Self Storagenear Fearrington Village. Located south of Chapel Hill, NC on US-Hwy 15-501, the 42,370-sqft, 433-unit facility has sold for $3.11 million. Joy Godbold of Percival McGuire Commercial Real Estate and Argus Self Storage Sales Network represented the seller, W. Mitchell, in the transaction. Included in the deal was a recently entitled 5-acre tract for future expansion.