Apex, North Carolina.  Pinnacle Plaza Sold To Mojac LLC.  The Raleigh LLC shelled out $2.25 million for the 18,375 square-foot shopping center.  The 4.26 acre center in Apex is south of Ten Ten Road and U.S. 1.  The price puts it at 9% above assessed tax value.

John Fish (919) 696-3474   Email: Marvmax@mindspring.com   Website: www.JohnFish.com

Apex, North Carolina.  Mixed-Use Community in Apex.  In mid-December ground was broken for the Regents At Old Mill Village in Apex.  It will have a total of 1,300 condos, townhomes and single-family homes.  North Hills Homes, an award-winning custom home builder, is the builder of Regents.

The Townhomes are three story and provide six floor plans.  David Wagner, President of North Hills Homes, says that buyers will have more than 1,000 different options to select from.  Oh yes, you can have an elevator as well (optional).  The two, three and four bedroom homes range in size from 1996 to 2175 square feet.  Prices start from the mid $290s. The units have ColorPlus Hardiplank siding, a first floor office or bedroom with full bath, granite countertops, gas fireplaces, optional double master suites, brick accented exteriors and a two-SUV garage.

Amenities include a 13 acre park, paved walking trails, greenways, two large lakes, a two acre dog park, a Village Center, private elementary school and retail shops and restaurants to the tune of 220,000 square feet.  The whole design concept is that of providing a small town atmosphere.  The Villages will connect to the current downtown Apex historic district.

If you would like to get an idea of where the Regents is go west on US 64, left on Laura Duncan Rd. which turns into North Mason Street, go several hundred feet and turn left into the Regents at Old Mill Village.  If you would like more information call me or send me an email at the telelphone number or email address shown below.

John Fish (919) 696-3474   Email: Marvmax@mindspring.com   Website: www.JohnFish.com

Apex, North Carolina.  Tom Hendrickson Taking Over Trinity Project.  The 1,071 acre residential and commercial project was assembled by Kent Cummings.  Hendrickson and the New York investment firm Hudson Realty Capital paid $35.7 million for 437 acres of the assemblage south of the U.S. 1 and N.C. 55 intersection in Apex in November.  They used the corporate name of HH Trinity Apex Investments LLC.

Hendrickson purchased 185 aces from Cummings and his investors for $8.2 million in July.  So, Hendrickson now owns 662 acres of the total and says the rest is under contract.  The Trinity project calls for 4,000 residential units, 500,000 square feet of office space, 2.2 million square feet of office space and as many as four schools.

John Fish (919) 696-3474   Email: Marvmax@mindspring.com   Website: www.JohnFish.com

Apex, North Carolina.  1,300 homes. townhomes, and condos, 220,000 square feet of retail shops, 80,000 square feet of office space, 35 miles of walkways and a 13 acre park are all coming to 170 acres in neartheast Apex.  The area in question connects downtown Apex with U.S. 64.  The development will be called The Villages of Apex.  Construction will start this month and the build-out period is projected to be about five years.

John Fish (919) 696-3474   Email: Marvmax@mindspring.com   Website:  www.JohnFish.com

Apex, North Carolina.  Trackside, a 170 acre project by Apex First Development has received the blessing of the Town Council.  The plan calls for 1,200 homes, condos and townhouses and 220,000 square feet of shops and offices.  The area is north of the Apex downtown area.  With Apex growing by leaps and bounds the developer would appear to have a “natural” in the making.  In the first quarter of this year alone Apex grew by 660 people.

John Fish (919) 696-3474   Email: marvmax@mindspring.com   Website: www.JohnFish.com