Business Roundup: Land at Wallace Commons sells for $3 million
An outparcel of land at Wallace Commons sold for more than $3 million last month.
The parcel, which is slightly less than 1 acre, currently has a Sleepy’s mattress store and an urgent care facility on it. It was sold by Wallace Commons LLC to a Tamara Z. Riley through York Properties in Raleigh for $3.24 million.
The deed for the sale is dated Feb. 16.
Wallace Commons, the shopping center on Klumac Road, has several land parcels. The two main ones, which total 25 acres, were sold for a total of $23 million to Cole MT Salisbury, a subsidiary of American Realty Capital Properties, in two separate transactions — one in 2012 and the other in 2014.
The Wallaces, along with Collett and Associates of Charlotte, still own a vacant parcel next to the one that was just sold.
Belk has two events in March
Speaking of Wallace Commons, the Belk department store at the shopping center has two events coming up. The first is a “Girl’s Night Out” on Thursday from 5 p.m. to 8 p.m. It will be a “Garden Party Style” event with 20 percent off limited merchandise.
On March 28, the store will have a “Kidfest.” The children’s department will have an island theme and fashion show to showcase the spring selection. Children in the fashion show will get s 15 percent shopping discount.
Foundation partnering with Habitat for Humanity
The State Employees Credit Union Foundation and Habitat for Humanity North Carolina have signed an agreement structured to assist Habitat affiliates with the SECU Foundation challenge (SECU Habitat Challenge) of building and selling a home in each county of North Carolina over the next three years.
“The SECU Habitat Challenge is a magnificent opportunity for Habitat affiliates across North Carolina and will be a catalyst for increasing their support for one another, and expanding our reach to unserved areas,” said Habitat’s N.C. board Chairman Bill Cooke. “We are excited, honored and humbled to partner with State Employees’ Credit Union members via their foundation to provide homes for deserving families in all 100 counties of the state.”
State Employees Credit Union Foundation Chair McKinley Wooten said, “SECU members are proud and excited to join Habitat for Humanity of North Carolina in their mission to create affordable homeownership opportunities for the citizens of our state. The SECU Habitat Challenge will provide a major boost to the efforts of Habitat supporters and volunteers, increasing HHNC’s capacity to help additional families obtain homes in many areas of North Carolina without current Habitat services.”
‘Chick Days’ at Southern States
Southern States of Salisbury will host “Chick Days” from 8 a.m. to 8 p.m. on Tuesday. There will be dozens of baby chicks in the store, as well as a poultry seminar at 6 p.m. to educate customers on how to raise backyard chickens.
“With the recent influx of people buying food locally and the desire to want to know exactly what’s in their food, more and more people are choosing to raise backyard chickens. They’re able to collect their own eggs or produce their own poultry meat,” a Southern States spokesman said. “And with Easter just around the corner, the sight of the cute baby chicks gets people in the spirit of the holiday!”
Southern States is at 1710 Jake Alexander Blvd. W. For more information, visit www.southernstates.com/salisbury or call 704-636-4290.
An economic policy advisor to the Southern Governors’ Association will speak March 25 at the second Rowan County Community Forum... read more