I. Joe Wiley Stout Sr.
In the early 1900’s Joe Wiley Stout Sr. owned and operated a commercial building company (Joe W. Stout & Co) with headquarters in Sanford NC. The construction company operated successfully until Joe W Stout’s untimely death (early 50’s). Many buildings and Court Houses around the Carolinas stand to this day with the company name on the corner stone (built by Joe W. Stout & Co). Joe Stout Sr. was widely respected by his peers. He was a charter member, first VP and second President of the Carolinas Building Contractors Assn.
II. Joe Wiley Stout Jr.
After the Great Depression in the early 1940’s Joe Wiley Stout Jr. moved from Sanford to Fayetteville. He had only the experience of working for his father in Sanford and his father’s name. That must have been enough because his legacy to the greater Fayetteville community is monumental. Joe Stout Jr. died in 1988 at 73. Among his creations are Eutaw Shopping Center, Eutaw Apartments, Greenwood Homes, the Heart of Fayetteville Motor Inn and Bordeaux Shopping Center. All of these developments were accomplished through his company the Joe W. Stout Construction Company. In 1989 Joe Stout Jr. was presented posthumously the distinguished Methodist University’s Business Man of the Year award.
III. Dr. Frank Palmer Stout
Dr. Frank P. Stout is the son of Joe Wiley Stout Jr. He practiced Orthodontics in Fayetteville, NC from 1970 until 1998. He partnered with his father from 1970 until Joe Stout’s death in 1988. Together they expanded their real estate base creating Bordeaux Motor Inn and Convention Center, the Bordeaux Recreation Center, and the Apartel ( a 10 story high rise) to name a few. Dr. Stout’s fine reputation both as an Orthodontist treating over 10,000 patients in 28 years and as a respected business man is well known in the greater Fayetteville community. Methodist University acknowledged this by presenting him in 2007 the Business Man of the Year Award. In 2016 he was awarded the distinguished North Carolina Governors award the Order of the Long Leaf Pine.
IV. Cameron Wiley Stout
Cameron W. Stout is the son of Dr. Frank P. Stout. Cam joined his father at Stout Properties in 1990 after graduating from NC State with a degree in Business Management. With 27 years as the CEO of Stout Properties (the umbrella company for all of Dr. Stout’s holdings) Cam developed extensive experience in shopping center development and management, hotel development and management, and commercial leasing. He has a real estate broker’s license and an unlimited general building contractor’s license. The father/son development legacy continues with Cam and Dr. Stout creating Boone Trail Center, Ramsey Commons, and most recently the Shoppes at Boone Trail. In 2016 Cam Stout became a full partner with his father Dr. Stout.
Over the last 10 years Dr. Stout and Cam Stout transformed Stout Properties into a debt free, lean, focused Commercial Real Estate Development and Management Company. It is a company that primarily owns and operates strip shopping centers and office buildings. The company motto is Safety First / Profitability Second / and then Growth and only in that order.
4 GENERATIONS; 100 YEARS AND COUNTING.