If you think home prices have skyrocketed over the past decade, listen to this: The price for the nearly 50-acre South End Business Park jumped from $10 million to $110 million since it was last sold in 2013. Records show Florida-based Ram Realty Advisors bought the property near the intersection of I-77 and Clanton Road last month. For more, Morning Edition host Marshall Terry talks with Tony Mecia of the Charlotte Ledger business newsletter for our segment BizWorthy.
Marshall Terry: Tony, I know property values go up over time. But $100 million more in just under a decade?
Tony Mecia: Yeah, it’s a pretty big increase, Marshall, for this business park near I-77 and Clanton Road. It’s called the South End Business Park. I think you’d be a little bit hard-pressed to say that it’s South End. I mean, it’s basically, you know, north of Clanton Road between I-77 and South Tryon Street. But yeah, it…
