2012-05-22

IronClad Self Storage New Ownership

The corporate entity of U-hual, Amerco Real Estate, has purchased the IronClad Self Storage near 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.

2012-03-05

Wal-Mart Coming To North Chatham

Wal-Mart has applied for permits to begin construction on US-Hwy 15-501, just south of the Orange County line, near the intersection with Smith Level Road. The proposed 148,400-sqft store would include a grocery, pharmacy and garden center, and create approximately 300 new jobs.

If they have all the details right, if the infrastructure and everything meets the requirements, the site would not need to be rezoned and the project would not require county commissioner approval. This 62-acre development, of which Wal-Mart will occupy 20-acres, went through the public hearing process more than 5 years ago.