We Get Results
- Achieved a pre-trial settlement of $1,040,000 for a Craven County property after NCDOT initially deposited $530,000 for a full taking. Our lawyers successfully established the property owner’s co-development intent with adjacent parcel for national brand retail tenants in order to maximize settlement value. In our representation of the adjacent parcel, our lawyers obtained a settlement of $844,600 after NCDOT initially deposited $370,850.
- Successfully prosecuted a “Map Act” lawsuit against NCDOT for damages on behalf of a southern Wake County couple whose home was impacted by the Southern Wake County Expressway Highway Corridor Map originally recorded in 1997. Ultimately, CED achieved a settlement in excess of $400,000.
- Achieved a total settlement of $1,500,000 for the owners of two adjacent western Wake County parcels after NCDOT
initially deposited $977,000 for a partial taking. Our lawyers successfully established a joint development intent for the parcels which, through planned reciprocal easements, would provide vehicular access to two thoroughfares.
- Obtained pre-litigation settlement of $985,000 from local municipality for full taking of residential dwelling after initial offer of $550,000. CED’s lawyers successfully established the increased market value of the subject property in obtaining a favorable resolution for the property owner.
- Obtained pre-litigation settlement of $865,000 from City of Raleigh for full taking of two undeveloped lots after initial offer of $369,000. The City of Raleigh paid full value for the subject property after CED’s lawyers successfully established the original partial taking plan would result in leaving the owner with an uneconomic remnant.
- Obtained settlement of $420,000 for the owner of a Johnston County convenient store after NCDOT initially deposited $227,500. CED’s lawyers successfully argued to NCDOT that the taking of one of the property’s access drives changed its highest and best use from convenience retail to destination retail.
- Achieved a settlement of $240,000 for the owner of a Wake County mixed used/flex building after NCDOT initially deposited $40,600. Our lawyers successfully argued for additional compensation based upon the property’s reduced access and parking.
- Obtained a settlement of $150,000 for the owner of a Wake County retail building after NCDOT initially deposited $18,125. Our lawyers successfully argued for additional compensation based upon the property’s reduced access and parking.