LELAND, N.C. — Hathaway Cos. has sold Exchange at Westgate in Leland to Argyle Real Estate Capital for $58.7 million. JLL represented Hathaway in the transaction. The 312-unit property is located at 5214 Browning Lane about 9 miles west of Wilmington. Completed in 2023, Exchange at Westgate features studios, one-, two- and three-bedroom units averaging 931 square feet. The community offers a saltwater pool, fitness center, cyber cafe, clubhouse and grilling areas. Unit interiors are outfitted with granite countertops, stainless steel appliances, wood-style flooring and ceramic tile backsplashes. JLL Capital Market’s investment and sales advisory team representing Hathaway was led by John Mikels, John Gavigan, Chase Monroe, William Martin and McCullough Campbell. Brian Gaswirth and Brad Woolard secured the financing.
Atlanta-based Hathaway Cos. has sold Exchanged at Westgate in Leland, N.C., for $58.7 million. JLL arranged the sale and financing for the buyer, Tampa, Fla.-based Argyle Real Estate Capital.
Hathaway Cos. Sells Exchange at Westgate in Eastern North Carolina for $58.7M
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