CHARLOTTE — Abacus Capital with joint venture partners JE Dunn Capital Partners and L&B Realty Advisors has acquired the Campbell’s Greenhouses & Nursery site for $5 million in an off-market transaction.
[ RELATED: Campbell’s Greenhouses & Nursery to close after 38 years in Dilworth ]
The 0.75-acre assemblage is at 2025 Cleveland Ave., on the edge of Dilworth and South End.
The partners are planning a high-rise multifamily project at the site. It will be called The Campbell in recognition of the nursery’s operations, which have occupied the site since the 1980s. The nursery closed in early November.
A groundbreaking is planned next week.
Read more here about plans for the site.
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