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Business Today NC

August 2016 Published monthly

YEARS

Business Intelligence for the Golden Crescent: Lake Norman • Cabarrus • University City

Cabarrus

Economic development has been going strong since the political landscape Page 7 changed

Technology

Tapity, a cool app design studio, has opened in Cornelius, with plenty of room to grow Page 8

Small Business Toolbox

Segment your markets with email; plan for glitches in your sales Page 10-11 department

Car sales are on a roll Economists predict good election year By Erica Batten A recent Wells Fargo report analyzing the effects of election years on the U. S. economy trumps the conventional wisdom that economic uncertainty surrounding a changing of the guard leads to slowdown. On the contrary, a variety of measures, including real GDP, consumer spending, disposable income and business fixed investments showed growth during election years. The report, published in June by Wells Fargo Securities economist Michael Brown in Charlotte and economic analyst Michael Pugliese, looked at economic indicators including real GDP, employment, and industrial production on a quarterly basis from 1960 through 2015. The indicators are variables typically used by the National Bureau of EcoSee ELECTION YEAR Page 19

HOT PROPERTIES

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Non-profits

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18115 Sunset Cove Lane in Cornelius for $1,500,000

Tim Vaughn, general manager at Hilbish Ford in Kannapolis

By Erica Batten A downshift in auto sales since the first quarter of 2016 has led to questions about whether consumer spending is on the decline. According to a May report from Charlotte-based Wells Fargo Securities, car sales have been a crucial part of real consumer spending growth, particularly after the 2008 recession. Vehicle purchases and leases represent 3.5 percent of overall personal consumption expenditures since 2008. “We are preparing for a slowdown in 2017 and 2018,” said Robin Smith Salzman, owner of Lake Norman Chrysler Dodge Jeep Ram in Cornelius. “Not to the extent of 2008—that was the ‘perfect storm’ that we hope we

never see again.” Declining sales led to reduced production of automobiles, which further depressed the GDP. Real GDP growth during the recession would have been 1.5 percentage points higher if the contraction in auto output was excluded, said Wells Fargo. Tim Vaughn, general manager at Hilbish Ford in Kannapolis, described a shift in the industry’s focus during the recession. “Certainly we saw a [sales] decline,” Vaughn said. “However, business in the service department picked up as people were keeping vehicles longer and therefore paid close attention to maintain them in good working condition.” See CAR SALES Page 18

Cornelius buying land for old town arts center

Julia Telford King will open a new stand-alone real estate office in downtown Cornelius this fall. It could be the beginning of a resurgence in the historic downtown which once bustled with mill workers and farmhands. She has purchased a live-work unit where retail space is on the ground floor and owners KING live on the two floors above. Retail has not been buzzing here, with at least half the units in service businesses. But now, with the Town of Cornelius planning a $4 million cultural arts center downtown, it could bustle again soon. The town will pay $1.495 million for the old Farmers Co. warehouses and cotton gin property currently owned by Hall Johnston Heirs LLC. The property was assessed at $1.1 million during the 2011 revaluation, according to Mecklenburg County tax records. See CORNELIUS Page 18

RECORDS Transactions Cabarrus 14 Mecklenburg 14 Mooresville 14 Foreclosures Cabarrus 16

Mecklenburg 16 Mooresville 16 Corporations Cabarrus 16 Mecklenburg 17 Mooresville 17

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Business Today

2 August 2016

Bonus allocation funds are not as promised, town leaders say I-77 dissatisfaction remains rampant

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By Dave Vieser Even while the I-77 toll lane project continues to face significant opposition, the NCDOT has been quick to say more than $150 million in bonus allocation funds has been earmarked for the North Mecklenburg/Iredell County region. That seems to be quite a stretch, with some Huntersville officials questioning their effectiveness in reducing congestion. Meanwhile, the NCDOT has apparently ignored letters from the Cornelius and Huntersville town boards asking, among other things, for an economic impact study for the managed lanes. Without a study, the project should not go forward, the Cornelius letter said. “It was more than disappointing that Cornelius did not get a response or even an acknowledgement to what I thought was a respectful, thorough and well-written document which was signed by all the elected officials in our Town,” said Mayor Pro Tem Woody Washam. The Cornelius board also asked that trucks be allowed to use the toll lanes, thereby reducing congestion on general purpose lanes. The NCDOT also did not respond to Huntersville’s letter—even though they requested it. “They gave us two weeks to respond and now it’s about six months QUOTABLE

“It was more than disappointing that Cornelius did not get a response or even an acknowledgement to what I thought was a respectful, thorough and well-written document... —Woody Washam, Cornelius Mayor Pro-tem

and we’ve heard nothing back,” said Huntersville Mayor John Aneralla. The bonus allocation funds—called “bribe” money by critics—are looking more and more like a phony come-on, too. “It was pretty clear from the start that the bonus funds were given to our region as an incentive to ANERALLA accept the toll lanes,” said Anarella. But about half—$75 million— will be used strictly for toll lane projects: direct access ramps at the Hambright Road bridge in Huntersville, and the Lakeview Road bridge, which is just south of the Charlotte/Huntersville border. “I really think it’s rather disingenuous for the DOT to give the impression that the bonus allocation was a bag of new money,” said Mecklenburg County Commissioner Jim Puckett, who represents District One, the north side of the county. “Most of the projects being funded were in the pipeline already; the bonus funds simply moved them up.” Puckett said more than half of the funds are for two direct access ramps on I-77. “Those ramps wouldn’t be needed if the toll lanes weren’t being built,” he said. The direct access ramps are needed so that motorists traveling on the toll lanes, which are the inside lanes, won’t have to cross several lanes of traffic to reach the traditional exits. When contacted by Business Today, DOT’s Warren Cooksey said that the decision on which projects would be funded by the Bonus Allocation funds was actually made by CRTPO (Charlotte Regional Transportation Planning Organization). “CRTPO worked on the bonus allocation issue in several meetings in 2014 and 2015, and the vote to fund the direct ac- COOKSEY cess ramp connectors occurred on March 18, 2015,” Cooksey said. The vote was unanimous, including a “yes” vote cast by Huntersville’s representative on the CRTPO, Town Commissioner Sarah McAulay. McAulay was soundly defeated for reContinued on page 3


Business Today

August 2016

Continued from page 2

election in the fall. Huntersville officials also feel the money could be used in a more effective manner. “The benefit of these funds is very limited because the toll lanes won’t carry commercial vehicles,” said Huntersville Mayor Pro Tem Danny Phillips. “I would rather see the funds used to improve and, if appropriate, widen Highway 21. We need to apply those bonus funds in a manner which will have the most impact on reducing congestion.” As for stopping the toll lane project itself, town officials aren’t ready to give up, but they aren’t optimistic either. “Our only real hope is that some new legislation will emerge in next Spring’s long session, but I’m not sure what could PHILLIPS change to the extent that a project cancellation bill makes it to the floor of both houses next year when it couldn’t this spring,” Aneralla said. Puckett said this: “I think I-77 will have to wait for a new governor and only if we can get him to promise to cancel before he is elected so we have some chance of holding him to it.”

No response: Concerns posed by Huntersville, Cornelius Back in February NCDOT Secretary Nick Tennyson made news by asking for input on the contract with Cintra to widen I-77 between Lake Norman and Charlotte. John Aneralla, mayor of Huntersville, and Woody Washam, mayor pro tem of Cornelius, say the NCDOT never got back to them. The letter from the Cornelius town board is seven pages long; Huntersville, two pages. Here are excerpts.

Huntersville

• Will high occupancy vehicles without a transponder be charged a toll? How will this happen? If “yes”, why must high occupancy vehicles purchase a transponder in order to use the lanes for “free”? What is the cost of purchasing and maintaining this transponder? • The contract contains extensive provisions for taxpayer compensation in the event of developer default. Please explain how the contract “fully protects taxpayers of North Carolina” and how the North Carolina taxpayers are shielded “from any financial liability.”

• Toll rates of “14 to 40 cents per mile” would equate to a toll of up to $20.80 round trip if a driver were to use the managed lane its entire 26 mile length. Please explain why the cost would not be “$20 to use the additional lanes.” • Please explain the purpose of a public comment period prior to setting toll rates. It is our understanding that I77 Mobility Partners has been granted the unfettered right to set toll rates and therefore does not require any governmental approval or public comment. • In light of the Indiana Toll Road bankruptcy, the SH-130 technical bankruptcy, and the recent sale of the Chicago Skyway, please enumerate the Cintra projects in the U.S. that you consider to be successful, and what constitutes the definition of success.

Cornelius

• In order to minimize the period of time that the facility is managed and operated by a private entity, reduce the term of the contract from 50 years to 25 years, utilizing approaches such as a buyout clause and/or a future conversion of the managed lanes to general purpose lanes.

A WHITENING SERVICE WORTH SMILING ABOUT

• It is desirable to have available as many future financially feasible I77 cross-section design options as possible (by keeping future overall costs as low as possible). Therefore, add clear language to the contract that states there shall be no financial penalty paid to I77 Mobility Partners (via a “compensation event”, triggering an “unplanned revenue impacting facility” designation, or otherwise) for the construction of any general purpose lanes along I77. • To allow greater travel options for all types of vehicles (including commercial vehicles), and to remove vehicles from the general purpose lanes flow of traffic, remove the managed lanes restriction of vehicles 20 feet in length and longer; thus allowing 18-wheel and tractortrailer type vehicles to utilize the managed lanes. • Allow vehicles with at least two passengers to utilize the managed lanes at no cost.

Complete Letters online at BusinessTodayNC.com/wp/I77-dissatisfaction

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Business Today

4 August 2016

It’s Campbell vs. Bradford in NC District 98 election

Jane Campbell, 51, a retired career Navy officer, is taking on incumbent NC Rep. John Bradford in the District 98 race this fall. Bradford is a Republican and Campbell is officially an independent, although she will have the backing of Democratic party members. Bradford is a successful entrepreneur, who founded Park Avenue Properties in

Cornelius. Campbell completed a tour on an aircraft carrier, an assignment in Pearl Harbor, a tour on the staff of the National Security Council, a tour in Kabul, and two tours in the Pentagon before retiring to Davidson. Both say they have excellent business credentials. Both have concerns about the NCDOT/Cintra contract, which may

or may not be cancelled. A bill Bradford co-sponsored failed in the NC Senate in July. Campbell said this about the 50-year contract: “Can you imagine living with a contract that had been put in place when I was a 2-year-old? The US and North Carolina were a very different place in 1967, and I doubt we could have predicted things that are happening in 2016. Why should we think that we can make 50-year decisions that will still be in effect in 2066? And Bradford said this: “I believe the rules need to be changed around contract delegation authority as well as the way a local MPO (transportation planning organization) vote is calculated. For contract authority delegation I believe any state contract greater than $250 million should be signed, not just reviewed, by the Attorney General and then signed by the Governor.”

Small business mergers and acquisitions in the first half of 2016 are up nationally and in Charlotte. According to BizBuySell.com, an online brokerage service, asking prices are also up. The local data is based on 195 CharlotteVAGNONE area businesses listed by BizBuySell.com during the second quarter. The median asking price for a small business was $295,000; the median revenue was $533,016, down from $555,196 at this same time last year. Median cash flow this past quarter was $108,357, vs. median cash flow of $130,000 last year. Lake Norman area business broker Joe Vagnone says the market for breweries is hot, restaurants, not so much. Restaurants are a tough sale, partly because of the time involved in running a retail business with a fixed location and long hours. “It can consume your life,” he said, explaining that many buy-

ers want to be less tied down to a rigid schedule. Service businesses and “light” medical—not the heavy stuff—are also selling nicely. Vape stores, where profits are sizzling, are harder to sell because of uncertain government regulations, Vagnone says. Vagnone has around four dozen listings right now compared to less than two dozen two years ago. The number of days on market is also down, although “lifestyle” businesses— those where the owner has a particular interest in something that repreWILSON sents a specialized slice of life or leisure. Take Madison River Fly Fishing Outfitters in Cornelius. The business took four years to sell, Vagnone says. The new owner-operator, Ryan Wilson, is a life-long angler who enjoys the corporate challenges of the business.

“Madison River represents a significant career change for me,” says Wilson. His background is in sales and marketing for consumer product manufacturers, but a business ownership was a long-time personal goal. “My recent relocation to Charlotte with my fiancee was perfect timing and opportunity,” he says.

Incumbent John Bradford and challenger Jane Campbell

But they seem to be on opposite sides when it comes to HB2. Indeed, Campbell says the controversial law mobilized her to run for the Assembly. Campbell said none of the other pieces of HB2 had anything to do with the Charlotte bathroom ordinance. “Minimum wages didn’t have anything to do with the Charlotte ordinance. Workers’ rights to sue in state courts didn’t have anything to do with the Charlotte ordinance. The legislature stripped rights from every city, town and municipality in North Carolina,” she said. The business fallout from HB2 has made national news. Said Bradford: “I remain very open to compromise with a priority of ensuring the safety of women and girls in public accommodations.” Early voting begins Oct. 27. Election Day is Nov. 8.

Small business sales: It can take years to land the right buyer

His father, Alan D. Wilson, is executive chairman of McCormick & Co. Vagnone says sellers of small businesses should expect to pay a broker a commission of between 10 percent and 12 percent. If gross sales are over $4 million, look for commissions to ease up 1 percent or 2 percent as companies climb up the ranks in revenue.


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Business Today

6 August 2016

Cabarrus County

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Cabarrus County is moving up in the world of best technology practices. The Center for Digital Government and the National Association of Counties says Cabarrus moved up a notch in the 2016 Digital Counties Survey, to No. 6 this year for counties with a population of 150,000 to 249,999. While counties self-select around entering the contest, the survey recognizes leading examples of counties using technology to improve services and boost efficiencies. The Center for Digital Government said Mecklenburg did not enter. Cabarrus ranked eighth in both 2012 and 2013, seventh last year. The survey says shared services and a data center help Cabarrus infrastructure run as efficiently as possible. The county data center is shared with two local school districts, upgrading their reliability and disaster recovery capabilities, while the city of Concord subcontracts with Accela through the county’s hosted service agreement for its automation software. “The arrangement, outlined in an intergovernmental agreement, enables simple integration of city and county workflows for planning, zoning and inspections, improving service to citizens and making the most of the county’s IT investment,” according to the Center for Digital Government. The center also cites a responsive web design that can be used across platforms “The county also has demonstrated its commitment to responsive Web design with its ‘develop once for use on all’ approach to application development, simplifying updates and bringing a more consistent experience across mobile devices to citizens. It wants the same for its employees, with a mobile

strategy that includes virtual desktops and specialized productivity apps to maximize anywhere, anytime effectiveness. The top digital counties tend to evolve, recognizing the value of technology for innovation, using “new ideas to make life better for everyone who lives and does business in the county,” said Todd Sander, the center’s executive director. Wake County scored a first place win in the 500,000 or more population category. Wake launched an open data portal to allow citizens and businesses access to a broad array of county data. The county also hired a data scientist to analyze disparate data sets and enable it to make more informed business decisions. “This latest recognition of Cabarrus County just confirms what we already know and that is what an exceptional staff we have in our county. As a commissioner, I see every day their commitment and dedication that keeps this county performing at the highest level possible,” saic Cabarrus County Commissioner Diane Honeycutt.

Top Digital Counties

(150,000-249,999 population) 1. Arlington County, VA 2. Charles County, MD 3. Frederick County, MD 4. St. Tammany Parish, LA 5. Boone County, MO 6. Cabarrus County, NC 7. Davidson County, NC 8. Oneida County, NY 9. Delaware County, OH 10. County of Barnstable, MA


Business Today

August 2016

Cabarrus County

The ‘Carolina Comeback’ is spelled C-a-b-a-r-r-u-s By Katie Piccirillo Sherman Gov. Pat McCrory says North Carolina is experiencing an economic comeback, but it looks like Cabarrus County deserves much of the credit. Fifty-five counties throughout the state actually have fewer jobs than they did before the Great Recession and 75 counties have more people seeking work. But Cabarrus County is a star performer: The unemployment rate is now down near 4.3 percent, a massive decline since peaking around 12 percent in 2009. Diane Honeycutt, vice chair of the Cabarrus County Commission, is part of the new pro economic development majority on the board that has approved incentives HONEYCUTT for a wide range of new and expanding businesses. “One of our primary goals has been to let people know we are open for business and looking for quality job creation for our citizens,” she says. The County Economic Development Corp., which has split off from the Cabarrus Chamber of Commerce, announced 606 new jobs last year, and nearly $200 million in new capital investment. Requests for Information are up 36 percent from last year, a sign of good things to come. Meanwhile, the board of directors has plucked Robby Carney from Mooresville/South Iredell to lead the Cabarrus EDC. He took over as president and CEO CARNEY Aug. 1. “When we invest in these companies that come to the county or businesses in the county looking to expand, we benefit in several key ways,” said Honeycutt. “One, we build our tax base which helps keep our taxes lower for our citizens. Second, the job creation

helps our citizens have good jobs and provide a great quality of life for their families. Third, the money from those jobs becomes disposable income that goes back into local businesses for everyday needs of our citizens. And last but not least, the companies that come to the area usually become good corporate citizens giving back to the community. All in all it is a win-win for everyone.” Of course, small business and construction lending has loosened up, helping float all boats, not just Cabarrus. But observers say the county’s pro economic development approach since the defeat of anti-incentive commissioners Chris Measmer and Jason Oesterreich has done wonders. The Cabarrus County EDC started an “extensive search for new leadership late last year” immediately after Patrick Coughlin, who headed up both the chamber and the EDC, was terminated. Barbi Jones was hired to head up the QUOTABLE

“One of our primary goals has been to let people know we are open for business and looking for quality job creation for our citizens,” —Diane Honeycutt, Cabarrus County Commission

Cabarrus Chamber in May and took on the title of executive director when the organizations officially separated. The thinking was that the chamber was a membership-based organization, focused on members, while the EDC is about real estate, recruiting and retaining employers and nurturing a pipeline of economic de-

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Business Today

8 August 2016

App design studio Tapity expands in Cornelius

Jeremy Olson, lead designer at Tapity

By Dave Yochum A nationally recognized app design studio has moved into 3,500 square feet of space in a historic brick building in downtown Cornelius. Tapity—a word play on ‘tap into the possibility’—has six full-time employees and between three and five part-timers working at any given time, says founder Jeremy Olson. He is the lead designer at Tapity, which he started in 2009 while still a student at UNC-Charlotte. He incorporated in 2011, and rather than graduate from UNCC, opted to dive full-time into the fast-growing field of developing applications for smartphones and tablet computers. “The business took over my life and I had to choose between them, I chose to keep doing the business instead of graduating in 2012,” Olson said. One of the apps Tapity developed, Hours, helps freelancers and subcontractors keep track of their billable hours while on the go. Forbes magazine says it is the “perfect iPhone time tracking app.” Hours was recently sold for an undisclosed amount. Olson won’t disclose corporate revenue either, but Tapity apps have won multiple awards from Apple and have each been featured prominently on the App Store homepage. “All of our apps have at certain points in their lifetime been the No. 1 app in their category and have also gone up to No. 5 on the App Store overall,” Olson says. That’s no small accomplishment in the world of mobile phone and tablet apps where “Angry Birds” is a high-flyer on Amazon. Most apps are sold with several apps bundled as pre-installed software.

Tapity’s business is 70 percent mobile apps. “We have worked on web apps, desktop apps, Apple Watch apps, and we have even helped design a POS system,” Olson says. “Grades” is Tapity’s Apple Design Award-winning app that helps students better achieve their target grades, among other useful things for class. As of last fall, it had $45,950 in gross revenue. “Languages” is Tapity’s completely off-line language translation app, suitable for travel in areas with expensive or limited internet access. As of last fall, it had $428,268 in gross revenue. Grades was the first app Olson built. “It put us on the map,” Olson says, explaining that the app is essentially free for right now. Languages sells for $2.99. “We are actually in a big transition period since we were so heavily focused on Hours and that just recently sold,” says Olson, who moved Tapity out of 3,000 square feet of space in Birkdale Village. Right now he is looking to work on either a few smaller app projects or one or two bigger projects. “There are several opportunities we are evaluating but we are always especially interested in local companies and startups that we can work with,” Olson says. His father, Todd Olson, is CEO of Tapity. Young Olson credits his dad, an experienced business executive and attorney before coming on board with Tapity five years ago, for fostering his entrepreneurial spirit.

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Business Today

10 August 2016

S mall Business Toolbox

Keep sales in a safety net Vacations, illnesses, special project assignment and turnover of staff all create the potential to reduce sales due to insufficient customer coverage, unfamiliar processes, and customer dissatisfaction. All of these can be avoided by strategically planning well, and using a competent tactical communication plan for the times disruption occurs. To your customer, a missing salesperson should not be noticed-for long—if there is a strong, learning environment in place as a safety net for them.

Clear Orientation

When a new salesperson comes aboard the training they should receive includes clear product and service training, orientation to customers’ history and potential growth, organizational training and mentoring. This should not be the only point at which this occurs. Periodic Updates Periodic updates in customer accounts are important; occasionally

bringing all sales persons together is a perfect time to confirm organizational standards for sales processes, documentation, customer profile updates, and best practices are being adhered to. Allowing your sales professionals to present the highlights of their portfolio allows everyone to have a basic familiarity with your customer base.

Maintaining Standards

This review is a first step in ensuring doing business with your company can be seamless regardless who is working with the customer; it also helps identify rogue practices that are outside acceptable boundaries. Inconsistent sales practices are a sure way to annoy customers when they have to work with

Cheryl Kane

someone who is not familiar with “their account.”

Joint Accounts

Joint account responsibility increases the number of sales staff customers become familiar with, which makes it easier to cover when one is not available. As long as seamless collaboration is accomplished by those sharing this responsibility through structured, mutually shared goals and fair compensation, it can work well.

Rotation of Accounts

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Planned periodic rotation of accounts between sales staff using a clear, benefits-focused communication process with customers has several benefits to supporting growing sales. One, as sales professionals develop stronger skills they may “outgrow” a customer account, find it lacking in sufficient reward or attractiveness. A lack of interest or boredom could become a primary reason a salesperson may be slow to return a call, or short in patience with a customer as familiarity builds tiresome expectations from known annoying customer behaviors. Two, a fresh, inquiring, up-beat perspective in a new salesperson can allow a customer to find a refreshing sense of appreciation for their account. Three, as more sales people become familiar with more accounts, during a sales professional’s absence more people can be on-the-spot and knowledgeable, fast.

Communicate Early, and Repeat

When a planned (vacation) or unplanned (illness or firing) absence of a sales professional occurs your cus-

tomer communication plan should be ready-at-hand. These are processes that don’t change all that much—it may catch you off guard—but it should never catch you unprepared. A set of who, what, where, why, and how statements should be ready when you need to fill in the blanks and initiate the communication plan. The more valuable or complex the account the more steps you may need to use. Planned absences should be communicated in advance and instructions should be easy to follow. Unplanned absences may need to include personal contact, and periodic follow up and updates to make sure the sales processes are going smoothly for customers. Be Forward-Looking Absences will occur. Your customers should find doing business with your organization can continue forward with seamless processes. Creating a strong learning environment in the sales culture reduces opportunities for customers to find themselves unfamiliar with the sales processes or experience voids in their service quality. Internal planning, and timely communication when the sales professional is absent, together allow customers to continue to feel appreciated and remain confident in the sales process, the products and services, and your organization. Cheryl Kane, MBA, is a strategic business consultant, sales trainer, and professional speaker specializing in service quality. If you have a question you would like to see answered in this column, Cheryl welcomes your communication at (704) 595-7188 or through her web site, www.cherylkane.net.


Business Today

August 2016

11

S mall Business Toolbox

Email Marketing Segmenting for Success

Many small businesses share one segments over time. big mistake. They overlook segmenta- For example, if your tion as part of their email marketing business sells runstrategy. Segmentation is simple, pow- ning shoes, you may erful, and cost-efficient. start segmenting Did you know that marketing profes- by demographic insionals have proven segmentation to formation. Simply be effective at increasing email open separating by gender and click-through rates? allows a level of perI get questions all the time from sonalization through small business owners on how to im- messages and ofprove those very metrics. One of the fers to target men or best ways to achieve that is through women. Next, you may wish to gather personalized messages sent to group- data and segment by individuals with ings of subscribers. In marketing, it children which would enable targeted is always about getting the right mes- and timed messages to be sent promotsage to the right customer at the right ing kid’s sneakers just prior to the start time to drive action. of a new school year. You will find lots Use these tips and tactics to help of ways to group your customers, just you segment with be sure to remain QUOTABLE success. focused on your Review segmented goals. Determine your

goals before you launch your email campaigns

campaigns to determine what’s working and make observations on how additional segmentation can further improve subscriber engagement and bottom-line results.

Will the purpose be to educate, inform, offer discounts/sell, retain customers, etc.? Be sure to spend time identifying your desired outcome(s) and work backward to develop a strategy and identify the appropriate subscriber segments. Remember the key is to match messages to groupings of subscribers as personalized attention drives results.

Define the ways to segment subscribers

What variables will you use to segment your customer base and enable you to achieve your goals? Widely used attributes for segmentation include customer preferences (likes/ dislikes), demographics (age, gender, income level), psychographics (values, opinions, beliefs), behavior (prior purchases, email opens/clicks, etc.), customer value (current and future).

Keep it simple

If you are new to segmentation, begin with a single variable and build

Seek and gather subscriber data

Do keep the data collection minimal when asking individuals to join your email list. Once they’ve signed up, however, be creative in ways to gather more customer detail. Custom surveys or polls embedded into your email campaigns provide an opportunity to scout added data including insights into certain preferences or tastes. Surveys will generally gain more demographic information and polls can be designed to determine customer preferences. To boost your response rate on surveys, here’s a tip: offer respondents an incentive for completion ($10 off coupon, entry into a drawing, etc.).

Analyze and Evaluate

Review segmented campaigns to determine what’s working and make observations on how additional segmentation can further improve subscriber engagement and bottom-line results. Check within each segmented lists for bounces and remove non-existent ad-

Renee Hode

dresses and fix any noticeable typos in addresses marked undeliverable. Remember, today’s crowded marketplace means subscriber inboxes are packed full. Amid the clutter and competition for attention, segmentation is the tool you need to succeed. Now, it’s time to try it. Apply these tips to for relevant, targeted and re-

sults-driven email campaigns and to win subscriber engagement. Renee Hode is the executive director of Central Piedmont Community College’s Small Business Center. She has worked at CPCC eleven years with the goal of assisting entrepreneurs and small businesses. Renee welcomes you to contact the Small Business Center at 704-330-6736.


12 August 2016

Ei Pharma plans R&D space at NCRC

July 27. Ei Pharmaceutical SolutionWorks will put a 24-person R&D shop in the N.C. Research Campus. The team, which will include 12 master’s or PhD scientists, will go into a 10,000-square foot lab with office space on the third floor of the David H. Murdock Core Laboratory Building. Ei’s research and development team is currently housed three miles away on Cannon Boulevard in the company’s 140,000-square-foot semi-solids manufacturing facility. The move to the NCRC allows the company to enhance its scientific foundation for dermatological product development and add a significant skin biology research capability. Ei is a subsidiary of Product Quest Manufacturing. Ei specializes in the development and manufacturing of therapeutic, over-the-counter, and prescription skin care products for leading pharma and consumer goods companies. Ei also partners with customers to develop Abbreviated New Drug Applications for generic drugs.

NEWS - e

LKN Marine Commission postpones toll application

July 12. By Dave Vieser. The Lake Norman Marine Commission last night tabled an application from the NCDOT regarding the I-77 toll lane project. “We’ve requested additional informa-

tion and clarification from the DOT on this project,” said Executive Director Ron Shoultz. His motion was approved unanimously, meaning the next time the issue could come up on the commissions’ regular meeting schedule would be Monday August 8. The marine commission is reviewing the DOT’s proposal because the interstate crosses Lake Norman north of Exit 28. The LNMC works with Duke Energy on lake development as part of Federal Energy Regulatory Commission (FERC) license requirements. Prior to the motion to table, two residents spoke out about the project. Ron Vanderbilt of Huntersville expressed concern about the added lanes crossing the causeway between Exits 28 and 31. He asked if the structure can “handle the added asphalt and traffic volume” and if they have been tested for “added volume.” “I really am concerned about the integrity of the causeway section,” he said. Real estate agent Kathy Chenette questioned whether enough attention has been paid to watershed requirements in the region. Commission members said they would look into the comments raised by the speakers. The tabling of the measure pushes back the progress of at least part of the toll lane project by another month. The DOT had originally asked to be on the commission’s June 13 meeting agenda. However, commission procedures nor-

Business Today

mally require a minimum of 30 days’ notice for an item to be placed on a meeting agenda, and the DOT missed that deadline. Whether this amounts to a brief pause in the DOT’s high-speed race to toll I-77 or a real roadblock is anyone’s guess. According to Duke Energy spokeswoman Kim Crawford, the utility requires applicants to resolve comments they receive on draft conveyance applications or to demonstrate an agency was given at least 45 days to provide comments. “Resolve comments” means the applicant must address in its application the specific concerns the agency has, within the agency’s regulatory jurisdiction, with respect to the activity and its effect on the environmental, recreational, aesthetic, or cultural resources of the hydroelectric project (i.e., the reservoir). Typically, Duke Energy will not process an application until the applicant has demonstrated it has revised its plan to address the agency’s concerns. “If the Lake Norman Marine Commission ultimately objects, we would have to evaluate the specific objections the commission identifies with the proposed activity before we can assess whether our review can move forward,” added Crawford. According to Crawford, there is no set time frame for all of this to unfold. It depends on the complexity of the application request. “We do tell applicants to expect at least 30 days for us to process an application” she added. NC Sen. Jeff Tarte, a former mayor of Cornelius, said the Lake Norman Marine Commission may be just a speed bump. “Before folks get their hopes up or rages on commission members, everyone needs to understand the Marine Commission is not a decision-making body in this matter. I believe it can only make recommendations, and to my knowledge they are not binding. Albeit they have several serious concerns. Therefore, the Marine Commission does not have within its’ authority the ability to stop the managed lanes project on I-77,” Tarte said in a post on Facebook’s Exit 28 Ridiculousness page. “Remember many state elected officials, multiple county and town boards have grave concerns, have taken measures to shut this project down, and we have not yet been able to stop this project,” he said.


Business Today

August 2016

13

NEWS - e

Tom Davis likely to fill in for NC Rep. Charles Jeter who resigned “Being in Raleigh for four years has taken a toll (no pun intended) on our kids, our marriage, his health and our business. He has missed countless baseball games, dance per formances, beach trips, camping trips and even a family photo session. We decided for him to ser ve so he wants no sympathy for the things he missed out. But he has now made the decision to resign

and it makes complete sense to me,” she wrote. Sources in Nor th Meck GOP politics said it is a given that Davis will fill in for Jeter, and Davis said he is ready, willing and able. “It would be a great honor to ser ve the citizens of District 92 and I look for ward to receiving the suppor t of the Mecklenburg County Republican Par ty Executive Committee,” he said.

We’re more than a cleaning company... We’re a movement.

Jeter’s I-77 toll lane summit in November 2015 brought together top decision-makers

July 26. By Dave Yochum. It looks like Tom Davis, who opposed NC Rep. Charles Jeter in the GOP primary, will be appointed to fill Jeter’s District 92 seat in the General Assembly. He has already been endorsed by a wide variety of Republican leaders, including: Mecklenburg County Commissioner Jim Puckett; Huntersville Mayor John Aneralla; Huntersville Mayor Pro Tem Danny Phillips; Cornelius Mayor Pro Tem Woody Washam; and Cornelius Commissioner Dave Gilroy. DAVIS Charles Jeter resigned abruptly Monday and will not run for reelection, catching prominent electeds by surprise. Jeter came late to the anti-toll party; business and political leaders had sought to shore him up. With Rep. John Bradford, he was one of the sponsors of HB 954 which would have cancelled the I-77 contract with Cintra. While it passed overwhelmingly in the House, it never gained traction in the Senate and ultimately failed in June. Charles Jeter is the president of Intermodal FCL Inc., a trucking company, and a leader in the Republican-dominated legislature. As conference chairman in the NC House, Jeter helped marshal resources to elect Republicans. Chaz Beasley is the Democratic candidate for District 92, which includes parts of Huntersville, Charlotte, Pineville and Steele Creek, as well as Charlotte-Douglas International Airport. “My interactions with Rep. Jeter have

been positive, and he has maintained a level of respect for which I am grateful,” Beasley stated in an email to supporters. “Although Rep. Jeter and I do not agree on every issue, I appreciate and respect the fact that he has devoted four years of his life to District 92.” Beasley said the campaign is focused on the road ahead, despite not facing his expected opponent. “This race was never about who we’re running against – it’s about what we’re running for. We’re still running to ensure that everyone can participate in our economic success. We’re still running to guarantee every child has a quality public school education—and that we properly equip our teachers to accomplish that mission. And, we’re still running to ensure that everyone, BEASLEY regardless of background, can be embraced by our community.” Jeter, in a prepared statement, said this was “one of the toughest decisions I’ve ever had to make in my life.” “I love serving the people of North Carolina and I know today’s announcement will be letting my Republican colleagues down in a very tough election year fight. However, I simply cannot continue down a road that in the end forces me to make my wife and children anything less than the first priority in my life.” On Facebook, Jeter’s wife, Jennifer Cox Jeter, referred obliquely to the I-77 toll issue which has gripped North Mecklenburg for years.

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Business Today

14 August 2016

On The Record

THIS MONTH REAL ESTATE TRANsACTIONS . . . 14 FORECLOSURES . . . . . . . . . . . . . . . . . 16 NEW CORPORATIONS . . . . . . . . . . . . 16

REAL ESTATE TRANSACTIONS These are recent property transactions over $200,000 as recorded by the county Register of Deeds in Cabarrus, Iredell and Mecklenburg.

Cabarrus County 07/18/16 $290,000 Pradif & Anita Ghimire to Gregory & Elaine Allen, 5399 Harvest Hill Dr., Harrisburg 07/18/16 $270,000 Jonathan & Deanna Patterson to Victgor Huaman, 411 Vintage Hill Ln., Huntersville 28078 07/18/16 $367,000 Meritage Homes of the Carolinas, Inc. to Timothy Wilcox, 2875 Donegal Dr., Kannapolis 07/18/16 $285,000 Richard & Diana West to Kathryn Musano, 1468 Saint Annes Ct., Concord 07/19/16 $370,000 John & Teresa Mercer to

James & Victoria Killoren, 15024 Northgreen Dr., Huntersville 28078 07/19/16 $378,000 Blaine & Vicky Briggs to Jeffrey Ransom & Janet Newell, 5084 Ruff Rd., Concord 07/19/16 $275,000 Nathan & Martha Suri to Adam & Krista Wall, 5604 Berry Ridge Rd., Harrisburg 07/19/16 $258,000 Walter & Ola Bolter to Joseph & Aimee Tamarit, 3490 Alister Ave., Concord 07/19/16 $250,000 Gene & Lisa Edwards to Joshua & Hannah Brahm, 9676 Ravenscroft Ln., Concord 07/19/16 $280,000 Glenn Hays to Angel Flores & Raquel Vences, 767 Courtney St., Concord 07/19/16 $260,000 David & Wendy Champion to Jared & Susan Bromka, 2231 Elendil Ln., Charlotte 28269 07/19/16 $285,000 Minai & Denis Niculescu to Jeremy & Stephanie Burleson, 1267 Boswell Ct., Concord 07/19/16 $274,000 John & Alison Cipriani to Joseph & Moira Calandra, 3363 Brackhill St., Davidson 28036 07/19/16 $352,500 Bonterra Builders, LLC to Robert & Sally Brown, 506 Iron Horse Ln., Midland 07/19/16 $458,500 Taylor Morrison of Carolinas, Inc. to Jason & Joanna Lynn, 2506 Red Maple Ln., Harrisburg 07/19/16 $390,000 Meritage Homes of the

14 YEARS

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Carolinas, Inc. to Aurelio & Kristen Beiza, 2990 Donegal Dr., Kannapolis 07/20/16 $326,000 D.R. Horton, Inc. to Jason & Allyson Yanni, 1406 Overlea Pl., Concord 07/20/16 $285,000 The Ryland Group, Inc. to Zhaohan Li & Sixuan Wang, 7063 Founders Way, Harrisburg 07/20/16 $296,500 Eastwood Construction LLC to Bobby & Tabathia Benson, 1185 Hollis Cr., Concord 07/21/16 $349,000 M/I Homes of Charlotte, LLC to Abiskar Chand & Prashansa Rathour, 1375 Sandy Bottom Dr., Concord 07/21/16 $290,000 Billy & Linda Corzine to Roger & Stacey Neal, 35 Larkview Dr., Concord 07/21/16 $410,000 NVR, Inc. to Shaneka Boone, 7367 Millstone Cr., Concord

More Cabarrus Transactions online at www.BusinessTodayNC.com

Mecklenburg County 7/15/16 $722,500 Peachtree Residential LLC to Christopher & Paula Holland, 18428 Dembridge Dr., Davidson 7/15/16 $385,000 James & Heather Talmage toGolden & Leblanc II, 20419 Tanara Oak Dr., Cornelius 7/15/16 $270,000 Daniel & Melissa Arundell to James & Diane Renner, 14514 Colonial Park Dr., Huntersville 7/15/16 $255,000 Gregory & Brandy Honeycutt to Michael O’Boyle & Taylor Craven, 15903 Spruell St., Huntersville 7/18/16 $265,000 Joseph Klem to David & Brittany Wicker, 13209 Fremington Rd., Huntersville 7/18/16 $401,500 South Creek Homes to Robert & Nancy Mattes, 13322 Edenmore Ln., Cornelius 7/18/16 $859,000 H2 Holdings to Michael & Jennifer Dobson, 18121 Shearer Rd., Davidson 7/19/16 $330,000 Jeffrey Smith & Niu Qing Coco to Jay & Amy Claxton, 8610 Lake Pines Dr., Cornelius 7/19/16 $843,000 Robert & Mekora Driver to Brittany & Thomas Mayock III, 13804 Tributary Ct., Davidson 7/19/16 $612,000 JCB Urban Co. to Kathleen Dunn, 625 Hudson Pl., Davidson 7/19/16 $255,000 Jennifer Lawley to Steven & Lori Woolley, 8130 Parkton Gate Dr., Huntersville 7/20/16 $310,000 Martin White Sr. to Kristen Welborne, 13746 Bramborough Rd., Huntersville 7/20/16 $356,000 Robert & Joanna Kania to Robert & Carol Monaco, 8404 Sandowne Ln., Huntersville 7/21/16 $310,000 Craig & Lacey Valentine to Anthony Dazzo & Amy Wilkerson, 7802 Knox Ridge Rd., Huntersville 7/22/16 $3,100,000 KW Realty Fund I LLC to Taylor Leasing Enterprises, Lot 1 Huntersville Plaza, Huntersville 7/22/16 $320,000 Robert & Nancy Cooper to Jennifer Sorensen, 15418 Kennicott Way,

Huntersville 7/22/16 $262,000 Michael & Sandra Smith to Christopher & Stacey Smiley, 17132 Caldwell Track Dr., Huntersville 7/22/16 $385,000 Cheri & Glenn Lassiter II to Veronika Quintana, 21640 Old Canal St., Cornelius 7/22/16 $270,000 Cathy Weaver to Anne Loftin, 18741 Cloverstone Cir., Cornelius 7/22/16 $408,000 Mark & Marina Stapleton to Jonathan & Sheryl Theisen, 21308 Crown Lake Dr., Cornelius

More Mecklenburg Transactions online at www.BusinessTodayNC.com

Mooresville 7/15/16 $256,000 CalAtlantic Group to Ashley Cornett, 136 Avalon Reserve Dr. 28115 7/15/16 $332,000 Standard Pacific of the Carolinas to Jennifer & Christopher O’Connor, 121 Creekside Crossing Ln. 28117 7/15/16 $309,000 Danny & Cherie McGraw to Jason & Sheila Hoover, 120 Topaz Pl. 28117 7/15/16 $373,500 Kenneth & Laura Green to Keith & Pamela Brooks, 151 Northbridge Dr. 28115 7/15/16 $300,000 CalAtlantic Group to Osny & Fernanda Fabricio, 269 East Waterlynn Rd. 28115 7/15/16 $565,000 Michael & Nancy Levin to Lois Dack, 159 Hopkinton Dr. 28117 7/18/16 $1,125,000 Jeffrey & Stephanie Arnold to Michael & Kimberly Nelson, 121 Kelly Cove Ct. 28117 7/18/16 $270,000 Donald & Lou Angelini to Michael & Margaret Cox, 133 Chertsey Dr. 28115 7/18/16 $441,000 Timothy & Denise Condron to Nicholas & Susan Falotico, 185 Cove Creek Loop 28117 7/18/16 $1,170,000 Bradley & Kelly Horstmann to Kevin & Cindy Measel, 238 Milford Cir. 28117 7/18/16 $306,000 Pulte Home Corporation to Thomas & Pinar Stroozas, 147 Four Seasons Way 28117 7/18/16 $324,000 Pulte Home Corporation to Rajesh Gurusamy & Vijayalakshmi Srinivasan, 129 Four Seasons Way 28117 7/18/16 $870,000 Khaled & Jill Shahbo to Scott & Kimberly Clark, 19701 Stough Farm Rd., Cornelius 7/19/16 $502,000 Lakeshore Holdings to Nicholas & Ann Servos, 169 Blue Ridge Trl. 28117 7/19/16 $325,000 Randy & Mary Avery to Regina Rhoades, 116 Northhampton Dr. 28117 7/19/16 $368,400 Drakestone Properties to Stephanie & Dennis Killian, 286 Brumley Rd. 28115 7/19/16 $268,000 Charles & Morgan Efaw to Kristopher Ernsberger & Sandra Harris, 215 Laurel Glen Dr. 28115 7/20/16 $267,500 Jeffry & Nola Cooper to Anthony & Michelle Accola, 108 Fontanelle Dr. 28115 See TRANSACTIONS, Page 16


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Business Today

16 August 2016

On T he Record

TRANSACTIONS from page 14

7/20/16 $555,000 Gerald & Eileen Palmer to Gary & Rachel Campbell, 603 McKendree Rd. 28117 7/20/16 $750,000 Randy & Arlene Hobart to Michael Annett, 107 Tea Olive Ln. 28117 7/20/16 $530,000 Lisa & William Schohr to Ashley & David Stremme, 155 N. San Agustin Dr. 28117 7/21/16 $329,500 Standard Pacific of the Carolinas to Michael & Sharon Hourihan, 127 Creekside Crossing Ln. 28117 7/21/16 $443,000 Taylor Morrison of Carolinas to Spunky & Angela Baxter, 136 Eagles Landing Dr. 28117 7/21/16 $1,782,500 William & Elizabeth Waller to Gregory & Valori Gantt, 154 Attleboro Pl. 28117 7/21/16 $1,300,000 J-KEL LLC to Infield Court, 134 Infield Ct. 28117 7/21/16 $253,000 James & Anne Loftin to David & Andrea Packett, 103 Foxtail Dr. 28117 7/22/16 $281,000 Frank & Deborah Pakay to William Wilder & Michelle Lash, 245 Golden Valley Dr. 28115

More Mooresville Transactions online at www.BusinessTodayNC.com

FORECLOSURES

Foreclosure actions have been started on the following properties. Items show the date foreclosure documents became public, owners, property address, lien holder, lien amount. After required notices are published, the property is sent to auction. The property then can be sold, not sold (examples: bankruptcy files or action dismissed without prejudice) or the sale postponed.

Cabarrus County 06/07/16 Chris and George Jarrett, 1915 Birchbrook Dr., Harrisburg, Nationstar Mortgage, $308,306 06/08/16 Sherry Horne, 668 Magnolia Crossing Cir., Concord, Habitat for Humanity Cabarrus County, $95,000 06/10//16 Tamara and Glenn Gamble, 108 Easy St., Concord, Wells Fargo Bank, $60,000 06/10/16 Floyd and Leah Carr, 2324 Sundale Ave., Concord, U.S. Bank National Association, $99,000 06/15/16 James and Susan Wages, 3599 Farm Lake Dr., Concord, JPMorgan Chase Bank, $86,148 06/16/16 Ruth and Lon DeMarcus, 5542 Randolph Rd., Kannapolis, Nationstar Mortgage, $153,000 06/17/16 Michael Lovitt, 6418 Kee Ln.,Concord, Nationstar Mortgage, $99,500 06/17/16 Gerald Maness, 14378 Hopewell

Church Rd., Midland, Branch Banking and Trust Company, $342,000 06/20/16 Thomas McLaughlin, 281 Eastover Dr., Concord, Nationstar Mortgage, $221,522 06/21/16 Jay and Ramona Jenkins, 811 Irene Ave.,Kannapolis, Nationstar Mortgage, $44,250 06/21/16 Rodney Robinson, 2177 Galloway Ln., Concord, Wells Fargo Bank, $204,107

More Cabarrus Foreclosures online at www.BusinessTodayNC.com

Mecklenburg County 7/14/16 Criag & Linda Huston, 5137 Autumn Oak Dr., Charlotte 28269, CitiMortgage $138,791 7/14/16 Arthur Farmer & Ethel Deloatch, 15726 Sagefield Dr., Huntersville, SouthStar Funding $164,000 7/18/16 Marilyn S. Aberle, 6217 Red Clover Ln., Charlotte 28269, RBC Mortgage $145,141 7/19/16 Tina A. Moore, 2939 Nevin Place Dr., Charlotte 28269, Sun America Mortgage $86,450 7/21/16 Mose & Marilynn Rison, 12721 Netherhall Dr., Charlotte 28269, Broker Solutions $198,484 7/22/16 John & Tina Dufresne, 12719 Candle Leaf Ct., Charlotte 28269, Wachovia Mortgage $136,487 7/22/16 Carlos & Miranda Brown, 10934 Clauda Freeman Dr., Charlotte 28262, Pulta Mortgage $180,743

More Mecklenburg Foreclosures online at www.BusinessTodayNC.com

Mooresville 6/24/16 Brian & Caroline Blackburn, 183 Fremont Loop 28115, SunTrust Mortgage $111,075 6/27/16 Christopher & Melissa McFarland, 172 Spring Run Dr. 28117, HSBC Mortgage $300,000 7/11/16 Ronald & Sharon Rodecker, 121 Blackbeard Ln. 28117, Acopia LLC $206,552 7/11/16 John & Shelly Sullivan, 154 Lakeland Rd. 28117, Wachovia Mortgage $397,000

More Mooresville Transactions online at www.BusinessTodayNC.com

NEW CORPORATIONS These businesses have registered with the N.C. Secretary of State.

Cabarrus County 7/21/16 Ashley Bailey Aesthetics LLC, Ashley Lauren Bailey, 5160 Poplar Tent Rd., Concord 7/21/16 E&S Renovations LLC, Romona L. See NEW CORPORATIONS, Page 17


Business Today

August 2016

17

On The Record

NEW CORPORATIONS from page 16

Matthews, 536 Gatsby Pl., Concord 7/21/16 JDA Ventures LLC, Joseph D. Antinucci Jr., 622 Channing Cir. NW, Concord 7/21/16 Kensco Enterprises LLC, Francisco Cuellar, 1401 Wildwood Dr., Kannapolis 7/21/16 Westbrook 1001 Condominium Association Inc., Benjamin C. Karb, 37 Union St. S, Ste. B, Concord 7/22/16 D & E Real Estate LLC, Eric Moser, 8800 Bayberry Trl., Concord 7/22/16 The Outside Chase LLC, Melia Terrain Gordon, 99 Pitts School Rd. NW, Concord 7/22/16 Pediatric Speech Inc., Leigh Anne Kurtz, 2297 Fairport Dr. SE, Concord 7/22/16 The Smoke Pit Group LLC, James Devin Barbee, 796 Concord Pkwy. N, Concord 7/22/16 Speedway Tint LLC, Francesco Crimaudo, 590 Concord Pkwy. N, Concord 7/22/16 Spencer’s Lawn Service Inc., James R. Spencer, 3365 Chadbury Dr. NW, Concord

More Cabarrus New Corporations online at www.BusinessTodayNC.com

Mecklenburg County 7/21/16 Alliance of Personal Care LLC, Adrienne George, 10116 Baxter Caldwell Dr., Charlotte 28213 7/21/16 DQ Network Inc., Ron Odugbesan, 759 Mountain Water Dr., Charlotte 28262 7/21/16 Education for All, Mitul Patel, 1204 Heathers Mist Ave., Apt. 301, Charlotte 28213 7/21/16 Full Scope Business & Credit Solutions LLC, Damiayon Mitchell, 1001 E WT Harris Blvd., Ste. P68, Charlotte 28213 7/21/16 HRA Solutions LLC, Richard G. Hobbs Sr., 11132 Amherst Glen Dr., Charlotte 28213 7/21/16 Keeping It Klean LLC, Kelly L. Roy, 7108 Sweetfield Dr., Huntersville 7/21/16 Marius Media Inc., Marius Henry Hoyo, 1610 Ivy Meadow Dr., Apt. 725, Charlotte 28213 7/21/16 Nace IT Solutions LLC, Jonathan Nace, 6110 Goldenfield Dr., Charlotte 28269 7/21/16 Narsi Development Raleigh LLC, Deven N. Patel, 10000 Tallent Ln., Huntersville 7/21/16 NC Buckeyes LLC, Nicole Peterson Sheehan, 445 S. Main St., Ste. 210, Davidson 7/21/16 Service on Point LLC, Marlene Joshua Henderson, 12469 McGrath Dr., Charlotte 28269 7/21/16 Sognare Consulting LLC, Kerry Shawn Devinney, 18021 Kings Point Dr., Unit F, Cornelius 7/21/16 Torrence Chapel Boat LLC, David Modlin, 22625 Torrence Chapel Rd., Cornelius 7/21/16 Vet Management Inc., David S. Hoe, 13644 Cotesworth Ct., Huntersville 7/21/16 Wheeler Motorsports Inc., Michael Wheeler, 5034 Eliza Long Wilkie Dr., Huntersville 7/22/16 2RWB LLC, Christian P. Alegria, 748

Cotton Gin Alley, Davidson 7/22/16 A+ Testing Center LLC, Joshalynn Martin, 4004 Chandler Haven Dr., Charlotte 28269 7/22/16 CJM Properties of the Carolinas LLC, United States Corporation Agents, 20311 Chartwell Center Dr., Unit #2142, Cornelius 7/22/16 CPR, Safety & Health Instruction LLC, Devin Latrice Reynolds, 4323 Kobuk Ln., Charlotte 28269 7/22/16 Crimson Edge Press LLC, Joshua Robertson, 400 Gilead Rd., #684, Huntersville 7/22/16 Goblin Horde LLC, Diane Ilinca, 400 Gilead Rd., #684, Huntersville 7/22/16 Information Marketer LLC, Kyle William Shermer, 1605 Van Dyke Dr., Charlotte 28213 7/22/16 Integra Building Services LLC, Nickolas Lee, 3445 Spring Terrace Ln., Charlotte 28269 7/22/16 Laura Wolff Photography LLC, Laura A. Wolff, 6926 Cascade Dream Ct., Huntersville 7/22/16 The Law Office of Chris Clark PLLC, C. Christopher Clark, 3902 Conner Glenn Dr., Huntersville 7/22/16 Legacy Property Holdings LLC, Robert Zamoch, 14111 Lea Point Ct., Huntersville 7/22/16 Nighthawk Systems LLC, Thomas Bryant, 9911 Rose Commons Dr., Ste. E178, Huntersville 7/22/16 Property Solutions Corporation LLC, Mark Williams, 10204 Edgecliff Rd., Huntersville 7/22/16 Puffpack Company LLC, Daniel Cordero, 5225 Deerton Rd., Charlotte 28269 7/22/16 Tee Nuts LLC, Kiron Scott Johnson, 1347 Charidge Ln., Charlotte 28262 7/22/16 THR Design Build Inc., R. Lee Robertson, 2730 East WT Harris Blvd., Ste. 101, Charlotte 28213 7/22/16 Turchese Inc., John C. Kazmer, 17209 Green Dolphin Ln., Cornelius 7/22/16 Wellness Connection LLC, Catherine Yaeger, 16311 Holly Crest Ln., Apt. 310, Huntersville

7/20/16 Pro Hobbies & Toys Inc., Jack A. Hunt, 168 Norman Station Blvd., Ste. W 28117 7/21/16 FLIV LLC, Francis A. Lee III, 706 Normandy Rd. 28117 7/21/16 Pattar Logistics LLC, Rajwant Kaur, 104 River Birch Cir. 28115 7/21/16 SouthCore Construction Inc., Ash Patel, 132 Meadow Hill Cir. 28117 7/22/16 Atlas Appraising LLC, Lisa A. Stround, 199 Bells Crossing Dr. 28117 7/22/16 Family Video Employees LLC, Bill Solomon, 120 Brockton Ln. 28117

7/22/16 JXT LLC, Lauren Tiura, 175 Carriage Club Dr., Unit 7-108 28117 7/22/16 The Place for Saints, Mooresville NC, The Place of Saints – Mooresville, 112 Holly Oak Way 28115 7/22/16 SLS Company Inc., SLS Real Estate LLC, 132 Joe V. Knox Ave., Ste. 100 28117

More Mooresville New Corporations online at www.BusinessTodayNC.com

SOUTH MAIN DISTRICT - DAVIDSON

South Main Square Commercial Condos AVAILABLE For Lease or Sale! 120 South Village Lane - Building C Ground Floor - Retail/Office, 1,145+/- s.f. per unit

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More Mecklenburg New Corporations online at www.BusinessTodayNC.com

Mooresville 7/18/16 TBI Education Service NC Inc., YiHeng Francis Shen, 116 Longboat Rd. 28117 7/19/16 Harkey Heating and Air Conditioning LLC, Ryan Harkey, 119 Bradberry St. 28115 7/19/16 Old Iron Management LLC, Todd Jason Farlow, 114 Morlake Dr., Ste. 203 28117 7/19/16 Raj Datatek LLC, Jayanthi Naresh Rajan, 269 Montibello Dr. 28117 7/19/16 VL Director Land Holdings LLC, Kenny Habul, 192 Raceway Dr. 28117 7/20/16 Chipthink Games LLC, Matthew Granson, 119 Meandering Way Ln. 28117 7/20/16 June’s Craftmanship Inc., Robert June, 185 Oliphant Rd. 28115 7/20/16 LKNAT2 Inc., Sarah J. Hill, 153 Oakwood Meadow Dr. 28115

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Business Today

18 August 2016

CAR SALES

CORNELIUS

from page 1

Right now, both Vaughn and Smith Salzman say sales are trending upward. Jeeps, including the Wrangler and Grand Cherokee, are top-sellers at the Lake Norman dealership. At Hilbish, trucks and SUVs are outselling small cars. This echoes the Wells Fargo report, which puts light trucks, a category encompassing minivans and SUVs, in the fastest-growing sales slot. Relatively low gasoline prices over the past two years have bolstered sales of these larger vehicles. As for overall car sales, Wells Fargo predicts a robust close to 2016. Salzman Auto sales have been steadily rising since 2010, the report said, appearing to have peaked in October 2015 at 18.1 million units nationwide that quarter, which the report’s authors call “unsustainable.” By comparison, first quarter sales from 2009 were 9.4 million. But despite a slight downturn at the beginning of 2016, interest rates and other factors will maintain sales levels. “The consumer’s ability to borrow money seems to affect auto sales the most,” said Smith Salzman. “At this time interest rates are low, allowing more people to borrow greater amounts.” Automobile manufacturers have added financial incentives, which should keep auto loan rates low even if the Federal Reserve raises interest rates, said Wells Fargo. Interest rates for auto loans have stayed close to the historical low of 4 percent. The slow but steady rise in the job market should also support strong demand for vehicles. During the last 12 months, nationwide employment grew an average 224,000 jobs per month, and real disposable income has grown at a yearly average

QUOTABLE

“Cabarrus County officials and officials in our municipal governments are probusiness, pro-jobs, pro quality of life. All that adds up to positive momentum now and in the foreseeable future.” —Tim Vaughn, Hilbish Ford of 3 percent over recent years. Because leases have been more heavily utilized over the past several years, sales in the auto market could shift more toward used vehicles as those leases expire. That’s a trend Vaughn has already seen at Hilbish Ford, where around 1.4 used cars are sold for every new one. Smith Salzman said their used cars sales have grown, too—especially the certified preowned sector. All this is good news for both the auto industry and the overall consumer spending outlook. The Wells Fargo report predicts GDP growth over the next two quarters as “fundamental drivers” of automobile demand remain strong. Locally, the outlook is much the same. “Cabarrus County officials and officials in our municipal governments are pro-business, pro-jobs, pro quality of life,” said Vaughn. “All that adds up to positive momentum now and in the foreseeable future.”

from page 1

Cornelius Commissioner Jim Duke expects the arts center land deal to close in January

Old-timers still refer to this suburban lake town as a mill town. Old-old-timers are quick to point out that Cornelius was first and foremost a farm village. A virtually intact land-grant plantation sits less than a mile from the arts center site. Mayor Pro Tem Woody Washam said the planning and construction of an Arts and Performance Center in Old Town Cornelius will provide a “monumental economic uplift” to downtown Cornelius. “This facility will bring an element of entertainment and culture that will enhance our quality of life for decades to come,” Washam said. Cornelius commercial real estate broker Tom McMahon says the town investing in its own downtown is a good thing. “Municipalities have to invest in their own growth and react to whats happeing in their own community. One may question where they invest their dollars, should the dollars be invested in infrastructure needs, but this will be a good community investment,” he said. While there are no quick fixes for declining downtowns, public officials need to be on board as well as existing merchants. Lenore Cuyler, owner of The Style Merchant downtown, said the town needs to focus on adequate parking for a cultural arts center as well as pedestrian safety. The nearby intersection at Main Street and Catawba Avenue is a daunting experience for people walking from Antiquity, a transit-oriented mixed-use development just east of downtown. Sales of residential properties are booming; retail stores are just now opening after a new Harris Teeter was completed late last year. Cornelius Town Commissioner Jim

Duke expects the arts center land deal to close in January. Meanwhile, the town is behind efforts to organize a 501(c)3 for fundraising purposes as well as naming a board of directors for the new cultural arts center. An Arts Task Group is handing off “great ideas and implementation” to the new Arts Board which is under consideration, Washam said. Duke said he hopes the cotton gin building can be somehow restored and incorporated in the arts center project. It is said to be the only remaining cotton gin in Mecklenburg County. Duke said there is also a scale for weighing cotton that could be part of a long hoped for permanent history museum. The distinctive blue warehouses will be removed or torn down. Cornelius voters in 2013 approved a $20.4 million bond package that included $4 million for town center redevelopment, which included a community arts center. King says NextHome Choice Realty, a franchise real estate agency, will open this fall with a couple of agents. “I like that its growing...the whole locatioan seems to be up and coming,” she says.

Cornelius will pay $1.495 million for the old Farmers Co. warehouses and cotton gin


Business Today

August 2016

ELECTION YEAR

from page 1

nomic Research to date business cycles. Median GDP growth was 1.25 percentage points higher during election years, while industrial production was 1.9 points higher. As politicians seek voter support by promising policy changes such as greater infrastructure spending and tax cuts, the economy experiences a boost based on these prospects, the report’s authors suggested. Both presidential contenders, Hillary Clinton and Donald Trump have proposed changes to the tax code. Clinton plans to increase taxes on the wealthy, adding a 4 percent surcharge to the current top rate. She also wants to increase the estate tax, which Trump has proposed eliminating. Trump’s plan includes reducing the tax rate on the wealthiest Americans from 39.6 percent to 25 percent and capping taxes on dividends and capital gains at 20 percent. The Tax Foundation, a nonpartisan research group, has estimated that Trump’s proposed tax cuts would grow

the GDP by 11 percent and wages by more than 6 percent over the next 10 years. The cuts would also decrease tax revenues by more than $10 million. Clinton would use the tax code strategically to incentivize employee profitsharing. And she proposes tougher restrictions on businesses seeking to move overseas. Both candidates have come out against the Trans-Pacific Partnership and other trade deals. Both candidates have said they’ll push for infrastructure projects. In his 2015 book, “Crippled America,” Trump alludes to New Deal-type infrastructure spending as a strategy for boosting the economy. Clinton wants to increase spending on broadband networks and clean energy as well as job-training programs. Despite the candidates’ similar stances on some issues affecting the economy, Trump and Clinton’s differences on policies regarding immigration, the national debt and the minimum wage could have significant effects on busi-

(704) 938-3121 HilbishFord.com

ness and household income. The Wells Fargo report said a new president and Congress can make changes to regulatory policy, trade and fiscal policy, but that, paradoxically, such uncertainty may result in electionyear economic growth. “Households or businesses may anticipate a major policy change following an election, which could cause them to pull forward their spending plans into the election year,” Brown and Pugliese said in the report. “If businesses anticipate the elimination of a tax credit based upon the election’s outcome, for example, they might pull forward investment plans.” Studies cited in the report found that a statistically insignificant difference between real total government spending in election and non-election years. In other words, policy makers aren’t boosting government spending in election years to support growth of the GDP. Brown and Pugliese controlled for several outside factors that could have

skewed the results of their study. They looked at the numbers of quarters spent in recession during election and non-election years and found them to be roughly equal. And the median rate of quarterly year-over-year GDP growth during recessions between election and non-election years was statistically insignificant. The report’s authors also considered the effects party control of the White House, but found that the time period they studied was split evenly between Democratic and Republican control. “Our results suggest that the general argument that uncertainty during presidential election years results in slower economic activity does not hold water,” said Brown and Pugliese. “In fact, based on our analysis, we find that real GDP growth, real consumer spending growth, real business fixed investment growth, real disposable income growth and industrial production growth are actually stronger during presidential election years compared to non-election years.”

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19


Business Today

20 August 2016

Hot Properties

Upward trend continues for high-end properties House values in the Charlotte area posted a healthy 5 percent gain during May, according to the latest S&P CoreLogic Case-Shiller Indices, a national survey of residential sales in 20 major cities. Values in Charlotte rose at about the same rate as the national average, according to the report. S&P says nationwide prices are rising at about a 5% annual rate over the last 12 months. Prices in Portland, Ore., and Seattle rose 12.5 percent and 10.7 percent, respectively. For May over April, Charlotte prices rose .8 percent, vs. 1.2 percent nationally.

In Cornelius

A large lakefront home with an old world flair has sold for near list price after being on the market for less than three weeks. The home, at the end of Sunset Cove in The Peninsula, was listed at $1.565 million by Dixie Dean of Allen Tate Co. in Cornelius. The 4,885 square foot house has a charming lakeside gazebo, a pergola and luxury finishes throughout. The house is at 18115 Sunset Cove Lane and closed at $1.5 million. Lance Carlyle of Cornelius-based Carlyle Properties represented the buyers. º º º A landmark lakefront property has sold after nearly two years on the market. The 11,000 square foot house at 16920 Harbor Master Cove has sold for $3.8 million after being listed at $4.4 million by Reed Jackson of Ivester Jackson. The house has sunset views, a two story foyer and great room, a li-

18115 Sunset Cove Lane in Cornelius for $1.5 million

brary, an outdoor kitchen, a resort pool and spa and a private putting green. The tax assessment of the property is $2.8 million. Jackson also represented the buyers. º º º A right-size golf course home in The Peninsula has sold for $750,000 after being on the market for three months. The house, at 1920 Peninsula Shores Drive, was listed at $799,000 by Dixie Dean at Allen Tate. Built by Augusta Homes, the house has a large master suite, two additional bedrooms and an office on the main level, as well as a bonus room and half-bath upstairs—all in 3,900 square feet of space. The tax value of the property is $599,600. Reed

800.315.3655 www.LakeNormanRealty.com

Jackson of Ivester Jackson represented the buyers.

In Mooresville

A four-bedroom, six-bath home on six acres in Teeter Farms Estates has sold for $1.065 million after being listed at $1.15 million by Jason Reiner of Lead 2 Real Estate Group. On the market 10 months, the house sits in a private gated community off Highway 150 about 10 miles east of I-77. The 6,863 square-foot house at 1047 Teeter Farms has a beach-entry salt water pool, a wine room, an elevator and a four-car garage with a back-up generator. Sheri George of Lake Norman Realty brought the buyers to the closing table. º º º A 5,435 square foot house on the lake in The Harbour at the Point has sold for $1.265 million after being listed at $1.3 million by Kent Temple at Keller Williams’ Mooresville office. The house, which sold as soon as it was listed, has a master on the main level, as well as an office, two family rooms and another private bedroom. There is a media room upstairs, and a pool outside. The tax value of the property is $1.123 million; it sits on nearly three-quarters of an acre. Debbie Jackson, also with

Keller Williams in Mooresville, represented the buyers.

In Davidson

A 4,547-square-foot house at 2735 Grey Road has sold for $875,000 after being listed at $899,000 by Beth Sullivan of Allen Tate nearly a year ago. The house, on one acre two miles from downtown Davidson, is in a land conservancy area. The tax value of the property is $405,000. The house feacontinued on page 21

131 Sanibel Lane in Mooresville for $1.265 million


Business Today

August 2016

Hot Properties Continued from page 20

Hot Properties

Hot Properties is all about the deal. If you’re an agent with a high-end, closed deal, usually $750,000 and above, let us know. Email us at nebiztoday@gmail. com or call 704-895-1335.

16920 Harbor Master Cove in Cornelius for $3.8 million

tures granite counters in the kitchen and baths, a first-floor master and an architectural niche for the jetted tub and a tiled walk-in shower. Dawn Lassiter of Lake Norman Realty represented the buyers.

In Cabarrus

A 4,707 square foot house at 12165 University City Blvd. in Harrisburg has sold for $800,000 after being listed at $995,000 by Pat Allen of Allen Tate. Located on 10 acres with a barn and a 1.5 acre lake, the four-bedroom house has water views from almost every room. Kevin Fu of Paragon Real Estate Group represented the buyers. The tax value is $1.3 milion. The house was on the market 256 days. º º º A house on 5 acres on Lake Howell, just off Hwy. 73, has sold for $763,175 after being listed at $749,000 by Heather Littrell, with Keller Williams in Concord. The house has a 47-acre bird sanc-

tuary on one side and nature reserve on the other, a three-car garage and a gated entrance. The selling agent of the 4,494-square-foot, five-bedroom home was Lori Love, with Remax Leading Edge. It was a short sale; the tax value of the property is $1.132 million according to Cabarrus County records.

2735 Grey Road in Davidson for $875,000

Beautiful Cornelius Gated Community

Olde World English style home in Shadowcreek - Brilliantly appointed home with exquisite detailing and finishes. Boasting natural privacy, fire-pit, water falls and covered screen porch with fireplace and prep-station.

21324 Olde Quarry Lane | Cornelius | $815,000 | MLS| 3165919

Neal A. Crites

Crites Properties, LLC Nine Year Five Star Real Estate Agent

Jan Sipe

Jan@critespropertiesllc.com 704.453.4677

704.840.4004 Neal@critespropertiesllc.com www.critespropertiesllc.com 1047 Teeter Farms in Mooresville for $1.065 million

21


Business Today

22 August 2016

Editor’s Notebook

Thank you for supporting Big Day at the Lake

Editor Dave Yochum nebiztoday@gmail.com Sales & Marketing Director Gail Williams gail.todaypubs@gmail.com General Manager Stephen Nance production.todaypubs@gmail.com Contributing Writers Erica Batten, Cheryl Kane, Marty Price, Dave Friedman, Dave Vieser, Cathryn Piccirillo Sherman Phone 704-895-1335 The entirety of this newspaper is copyrighted by Business Today, LLC 2016 with all rights reserved. Reproduction or use without permission of any content is prohibited. Business Today is an Equal Opportunity Employer. Business Today P.O. Box 2062 Cornelius, N.C. 28031

In a region that ranks dead last in upward mobility among 50 cities, bringing people together like this is good for everyone. Big Day at the Lake does just that, thanks to sponsors, Boat Hosts and volunteers. This year was a recordbreaker: More than $103,000 for Big Brothers Big Sisters of Greater Charlotte. This the most ever raised for BBBS since Big Day at the Lake began 12 years ago. The Presenting Sponsors this year were Champion Tire, based in Cornelius, and PayPal, based in San Jose, Ca. Big Day at the Lake “lays some foundation for kids to gain a brand-new perspective” on the world, says Kevin Mahl, co-founder of Champion Tire, a trucking and logistics company that supports the motorsports industry. “We have always subscribed to the idea that every kid deserves a chance,” Mahl says, explaining that the experiences at-risk kids have at Big Day at the Lake can take them anywhere. ‘After hearing some of the stories, it seems like Big Day at the Lake provides a lot of perspective to more than just the kids.” John McCabe, PayPal’s senior vice president for global operations, said the company’s core mission is making it easy for consumers and merchants

to reach their financial dreams. “Strong family values and strong community values are the fundamental foundation of an individual’s success,” he said. “Big Day at the Lake and Big Brothers and Sisters creates that foundation.” Lake Norman Chrysler Jeep Dodge and Duke Energy were the first sponsors of Big Day at the Lake in 2004. Since then, Big Day at the Lake has in some form or another impacted the lives of thousands of children. “To know that this wonderful event has touched the lives of so many children in our community makes this ever so important to us,” said Robin Smith Salzman, co-owner of Lake Norman Chrysler Dodge Jeep Ram in Cornelius and Gastonia Chrysler Dodge Jeep Ram. Big Day at the Lake is a nearly year-long effort—run by an organizing committee and hundreds of volunteers—that culminates in a full day on Lake Norman and Mountain Island Lake for hundreds of at-risk children served by BBBS from all over Mecklenburg County. Kids swim, tube behind boats and interact with an entirely different set of people, thanks to Boat Hosts, police, firefighters and volunteers. The day culminates in a picnic for some 600

children and adults from all walks of life at Duke Energy Explorium. Pat Golden, a financial advisor at GCG Wealth Management, has been a Boat Host for 10 years. “I get more out of it than the kids. I had a great mentor-father-coach growing up and it truly influenced my life. To see the smiles on these young children’s faces when they experience a boat ride or a tube ride is second to none,” he said. July 23 was officially Big Day at the Lake Day as well, thanks to elected officials in North Carolina, Mecklenburg County and Cornelius who issued proclamations. Big Day at the Lake has three simple goals: • Provide a day of fun on the lake for at-risk kids in Big Brothers Big Sisters • Recruit “Bigs,” or mentors for BBBS kids. • Raise money for an effective, wellrun organization. Donna Dunlap, CEO of Big Brothers Big Sisters, said BBBS is on a “quest to bring our one-to-one purposeful mentoring experience to more children. We feel 1,552 children currently served is great, but there are so many more children in need in our community.” Thank you sponsors and friends of Big Day at the lake. —Dave Yochum

BACK ISSUES Payable by VISA & MASTERCARD ONLY. $1.50 (if available); $4 to mail FAXED ARTICLES - $5 per page PHOTOS - $100 REPRINTS - Reprints on high-quality , framable stock are available, starting at $65. NEWS AND CALENDAR ITEMS Business Today is a local business publication. If you have news items, they may be e-mailed to businesstodaync@gmail.com. Business Today is published on the first Friday of every month to qualified small business owners in the Golden Crescent. SUBSCRIPTIONS May be purchased for $36. LETTERS TO THE EDITOR Do you have an opinion you’d like to share? We offer a forum for ideas, opinions and dissenting opinions. You can e-mail your thoughts to nebiztoday@gmail.com or mail to Business Today at P.O. Box 2062, Cornelius, N.C. 28031. Your letter, or a longer opinion piece, may be edited for brevity and/or clarity. Please include a phone number.

www.businesstodaync.com


Thank you

2016

Sponsors!

• Provide a day of fun for kids in Big Brothers Big Sisters • Raise money for an efficiently run non-profit • Recruit mentors for children

ADMIRAL SPONSOR

PRESENTING SPONSORS

CAPTAIN SPONSORS

COMMANDERS: AlphaGraphics Lake Norman, Alton’s Kitchen & Cocktails, AMTdirect, Law Firm of Bentz & Associates, Charlotte Eye Ear

Nose & Throat Associates, Dan & Donna Brown, Nancy & Randy Cameron, Chris & Robbie Davis, Dobi Financial Group, John Donoghue, Carolyn & Jim Duke, Julia Holyfield and Thomas Hansen, KS Audio Video, Mama’s Pizza Express, Chris Moen, The McIntosh Law Firm, Novant Health, Lake Norman Kiwanis, Lake Norman Realty, Lake Norman Sporting Arms and Range, Park Avenue Properties, Payroll Plus, Port City Club, Rotary Club of North Mecklenburg, Art Sabates, Daniel Schubert, The Range at Lake Norman, Dr. Nancy & Sen. Jeff Tarte

FRIENDS: John & Nancy Aneralla, Arrendale Associates, Chris & Sally Ashworth, Rod Beard, Chantal & Denis Bilodeau, Margaret & Blair Boggs, Crafty Burg’r, Stanley and Shirley Bush, John Cherry, Pat Cotham, Dixie and Mike Dean, Thomas & Ann Dutton, David Fieg, Lapis Financial, Bell & Bell Law Firm, Diane & Dave Gilroy, Griffin Brothers, Dr. Akiba Green, Carol Houle, Tom Hilb, James Hicks, Martin & Bernadette Fox, Jewish Communal Fund, Martin & Cheryl Kane, Lauren Kimsey, Charles & Shelly Knoedler, Nikolai and Kristin Kruger, Rhonda Lennon, Dan & Lindsay Long, Sandy & Mac McAlpine, Maria & Kurt Naas, Vickie & Donald Payne, JD & Ronni Phillips, Robert & Ivonne Reed, Copeland Richards, Dressler’s Restaurant, John & Traci Roberts, Thurman Ross, Modern Salon & Spa, Troy & Della Stafford, DeVore, Acton & Stafford, Tracey & Dan Stehle, Thom & Susan Tillis, Master Title, Sharon & Woody Washam, Lois & Bob Watson, Donald and Patricia Warren, Todd & Pam Wiebusch, Gail Williams in honor of Bob Williams. Tracy & Dave Yochum. RESTAURANTS: Port City Club, Alton’s Kitchen & Cocktails, Mama’s Pizza, Brickhouse Tavern, Tenders Fresh Food, Brixx Pizza, Big Bitez, Brusters Ice Cream, Jack’s Corner Tap, Laketown Tavern, Rusty Rudder

Supported by

and

for 12 years


SOLD!

PRICE REDUCED!

JUST LISTED $1,895,000 | Waterfront | The Peninsula Golf Course Views | Peninsula Club Drive | 3 Levels

$2,020,000 | Waterfront | The Peninsula Pool | Private Dock | Outdoor Fireplace

$1,875,000 | Cornelius | 1.18 acres Waterfront | Private Dock

$3,299,000 | Waterfront | Cornelius | Pool & Spa Huge Master | 3 Car Garage| 70.000lb boat lift

$2,399,000 | Waterfront | 1.87 acres Amazing Covered Porches | Private Dock

$3,499,000 | Waterfront | Cornelius Private Dock | 4 Car Garage

PRICE REDUCED!

UNDER CONTRACT!

UNDER CONTRACT!

$665,000 | Cornelius | Private Boat Slip Renovated Kitchen | Master on Main

$3,950,000 | Waterfront | Pool | Private Dock | Huge Covered Veranda

$899,000 | River Run | 3 Levels | Master on Main| 3 Car Gararge | Amazing Kitchen

UNDER CONTRACT!

$1,160,000 | 5261 sq ft | Waterfront| Overlook Built in 2006 | Master on Main

$370,000 - $629,000 3 Waterfront Lots Available

JUST LISTED $719,000| Waterfront | Cornelius | Amazing Kitchen | Open Floor Plan

Lance Carlyle 704-252-0237

Jim Carlyle 704-252-3047

Terry Byars 704-728-9775

Al Strickland 704-201-7244

Tammy Godwin 704-650-0296

Traci Roberts 615-946-8708

John Roberts 704-507-4960

Terry Donahue 321-402-8543

Jim Grywalski 704-236-9899

Michael Green 704-954-4489

19520 W Catawba Ave Suite 113 | Cornelius, NC 28031 | 704-895-4676 Office | www.CarlyleProperties.com

Business Today - August 2016  
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