East West Partners, the firm behind downtown’s River Place development, recently purchased just over an acre of land near Wrightsville Beach for $2.7 million.
The 1.3-acre site, which is zoned for multifamily development, is slated for Villa Point, an 18-unit luxury townhome project. The development is a joint venture between East West and Hardison Building Co.
EWH Allens Lane LLC, an entity that lists East West Partners Management Company, Inc. as its initial registered agent, purchased the property at 1729 Allens Lane in a $2.7 million transaction, according to a deed recorded on July 14…