NEWS & PR

THE LUTGERT COMPANIES, A LUXURY DEVELOPER BASED IN NAPLES, FLORIDA, ENTERS CHARLOTTE MARKET

NAPLES, FLA. (January 22, 2019) — The Lutgert Companies announced today that it is entering the Charlotte, North Carolina market. Headquartered in Naples, Florida, the developerhas recently purchased an assemblage of 14 townhomes on Cherokee Road in the exclusive Eastover neighborhood, and will develop 38 luxury condominium homes under the current zoning laws.

The land purchase was brokered by Rob Pressley of Coldwell Banker Commercial MECA.Charlotte-based NarmourWright Architecture is designing the new building; local civil engineers LandDesign will provide design and planning services.

The Lutgert Companies is also the developer of Linville Ridge, a luxury 1,800-acre golf course community in Linville, N.C. Premier Sotheby’s International Realty, a division of The Lutgert Companies, will represent the developer on the sale of the 38 luxury residences in Eastover. The project will be released later this year.

QUOTE:“We are excited for the opportunity we have in Charlotte and look forward to developing a quality project that will be a source of great pride for both the community of Eastover and The Lutgert Companies.” — Howard Gutman, president, The Lutgert Companies.

About The Lutgert Companies
A prominent member of Southwest Florida’s business community since 1964, The Lutgert Companies has set the standard for creative, progressive and environmentally responsible development. The company’s projects include a portfolio of residential and commercial properties in Florida and North Carolina, each bearing the original trademark of its commitment to excellence. Holdings include Construction Contracting Services, Lutgert Construction, Lutgert Custom Home, Lutgert Title, Premier Sotheby’s International Realty and Premier Commercial.

About Premier Sotheby’s International Realty
Headquartered in Naples, Florida, Premier Sotheby’s International Realty has over 1,000 associates and employees in 40 locations throughout Florida and North Carolina. Premier Sotheby's International Realty also benefits from an association with the storied Sotheby's auction house, established in 1744. For more information, visit premiersothebysrealty.com.