MidAtlantic Real Estate and Development Completes Construction on The Magnolia

Raleigh, NC, January 29, 2008 --(PR.com)-- Jason Stegall, president and managing partner of MidAtlantic Real Estate and Development, a general brokerage that locates sites, space and development opportunities throughout North Carolina, has announced the firm’s completion of construction on The Magnolia, a home located at 2319 Lake Drive, inside Raleigh’s Interstate-440 Beltline. The Magnolia is an elaborate Greek Revival and Georgian style home with an approximate area of 10,400 square feet in four levels, and it sits on a 1.17-acre lot with formal gardens. Facing the street is the formal façade, a two story veranda with six square Tuscan columns and large entablature. The home offers five bedrooms, five full bathrooms and two half-baths.

Jerry Stoltz of Divine Stoltz Development, LLC in Raleigh built the home, and Jorge Andres Abad of Smith Sinnett Architecture in Raleigh served as architectural designer and attributes his influence for the home to Louisiana architect A. Hayes Town. For more information, call Natalee Choby at (919) 264-4977.

“We are excited to announce the completion of The Magnolia,” said Stegall. “This home has amazing custom features throughout and is located in one of the most sought after areas of Raleigh.”

About MidAtlantic Real Estate and Development:
MidAtlantic Real Estate and Development is a general brokerage that locates sites, space and development opportunities throughout North Carolina. The firm specializes in land assemblage, development and investment property brokerage and currently has more than $128 million in development. President and managing partner, Jason Stegall, and the MidAtlantic team can assemble, entitle, develop and broker property throughout the state of North Carolina. The firm focuses on traditional master planned communities, coastal communities and urban mix use development. For more information, call (919) 264-4977 or visit www.midatlanticred.com.

Patty Briguglio
MMI Associates, Inc.
PR Firms Raleigh, NC
Real Estate PR

MidAtlantic Real Estate and Development
Patty Briguglio