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Reeling from the reval (access required)

By Sam Boykin, staff writer
Published: April 8,2011

Alec Polites said it’s like hitting a man when he’s down. Having slashed rents to hang on to tenants in his struggling shopping center on East Independence Boulevard, he couldn’t believe his eyes when he received his 2011 revaluation from Mecklenburg County’s assessor’s office last month. The tax value for Independence Park, which is divided into [...]


Is Wal-Mart Independence Boulevard’s salvation? (access required)

By Sam Boykin, staff writer
Published: December 10,2010

Surrounded by vacant and decrepit-looking shopping centers, hotels, restaurants and car lots, Independence Park is one of the last places still showing signs of life along a blighted stretch of highway just minutes from uptown. But Alec Polites said the shopping center is barely limping along. Polites, president of Polites Realty Co., and his father, [...]