Case Result
$1.6M
Condemnation
2007
Trial Verdict
Charlotte, NC
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Case Details
Jury verdict in a condemnation case involving the taking of several parcels of land on Charlotte's South Boulevard for the city's light-rail project. The defendant, 6214 South Boulevard Holdings, LLC, owned a long-term ground lease on the subject properties.
Additional Notes
Verdict was in the exact amount of the expert's opinion of value based on a cash-flow analysis. Related to an inverse condemnation opinion issued in 2006.
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