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<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
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 Land / Multifamily / Special Purpose / Retail / Hotel &amp; Hospitality 
 
 Farmville Acres
 
 Farmville, NC 
 By Avison Young

 <a href="/user/2b968fa6-c4ed-4411-914a-5a3409e51676" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Steven Peden</a>
 
 Principal
 
 
 <a href="tel:(919) 719-8198" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(919) 719-8198</a>
 

 <a href="https://platform.reverecre.com/project/84bdfb3e-5b7a-4750-ac63-5b24c2108ad2" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
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Avison Young offers a comprehensive suite of commercial real estate services, including transaction, management, financial and advisory services. We’ve designed our corporate structure to best serve our clients by enhancing collaboration across our organisation.

Whether you are a user/occupier or an owner/investor, Avison Young is organised to deliver truly integrated solutions to meet your unique needs.

Because we recognise that, for most occupiers, the property burden represents the second highest cost and tends to be the biggest contingent liability, we focus on helping occupiers create property and workplace solutions that improve performance, increase competitiveness, adapt to changing markets and provide the optimum workplace environment for their staff.

- Consulting Services, Facility Management, Occupier Project Management, Occupier Solutions, Occupier Valuation and Advisory Services, Tenant Representation, Transaction Management

We add value right through the property lifecycle, from acquisitions to disposals, in a wide variety of sectors including: offices, retail, industrial and alternative sectors.

Our collaborative approach means we gain a more intimate understanding of the needs of owners and investors.  As a result, we can provide customised advice that underpins intelligent and informed decisions.

Agency Leasing, Capital Markets, Consulting Services, Debt and Mortgage Services, Investment and Asset Management, Investor Project Management, Net Lease, Property Management, Valuation and Advisory Services

Flexible Solutions, Hospitality, Industrial, Multi-Family, Office, Retail

Associations and Nonprofits, Automotive Properties, Data Centers, Healthcare, Life Sciences, Private Equity, Project Management Specialty, Senior Housing, Sustainability

Principal

Principal, Capital Markets Group

Senior Vice President, Capital Markets Group Development Industrial Land

Sales Team

Avison Young is pleased to present this 5.07 acre development opportunity located at the intersection of Interstate 587 and U.S. Highway 258 in Farmville, North Carolina.

The property is currently zoned RMHB, providing the opportunity to develop for a variety of uses including Travel Center, C-Store, Retail, Restaurant and Low-Density Residential.

The property is currently being operated as a mobile home park, with positive cash fl ow that can be continued during planning and pre-development. Details upon request.

As a principal with Avison Young’s Capital Markets team, Steven leads the firm’s North Carolina multi-family investment practice. He focuses on the marketing, disposition, acquisition and financing of multi-family assets. Steven’s expertise stems from having represented private and institutional owners of multi-family real estate for more than 25 years. His years of experience give him an in-depth understanding of the market and the ability to navigate the issues that are most important to investors during the acquisition and disposition process. During his career, he has negotiated the sale of more than $500 million worth of multi-family assets, including student housing, market-rate multi-family, senior housing and development land.

Before joining Avison Young, Steven served as executive vice president of the multi-family team at Colliers International. Since 2014, his team closed more than 3,100 units with a value of over $240 million. Prior to joining Colliers, Steven was a senior vice president with Cushman & Wakefield where he specialized in land brokerage and student housing.

Steven is active in the real estate community and has garnered multiple industry awards and accolades including the Triangle Commercial Association of Realtors (TCAR) Sales Transaction of the Year (2016) and the Triangle Business Journal Deal of the Decade and Heavy Hitter honors (2007) for the sale of a $47.5 million multi-family community. Steven is an active member of TCAR and has served on its board and several committees. In addition, he sits on the board of CASA, a not-for-profit organization that combats homelessness by providing affordable, permanent housing solutions for individuals experiencing poverty and disability.

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