Cary
Hines REIT Buys Durham IBM 500 Campus
Hines Global Income Trust, Inc. (“HGIT”) has acquired the IBM 500 Campus, a 774,000-square-foot property located at 4205 South Miami… Read more
Weidner Pays $81.5M For Charlotte Apartment Community
Weidner Apartment Homes closed on the $81.5 million purchase of Retreat at McAlpine Creek Apartments from Waterton. The 400-unit, garden-style… Read more
TA Realty Pays $105M for Cary Apartments
TA Realty has laid out $105 million for a Cary apartment complex. The company spent $329,000 a unit for Novel… Read more
Raleigh-Area Office Sells at Auction
Sometimes, good intentions are not enough in this challenging lending environment. Despite transforming a building into a Class A office… Read more
Cary, NC Shopping Center Sells for $13M
Chicago-based real estate investment firm Northpond Partners, operating as NP Preston Corners LLC, has acquired the Preston Corners shopping center… Read more
ShopOne Centers REIT Enters VA with Acquisition of Woodbridge Shopping Center
ShopOne Centers REIT, Inc., together with its joint venture partners Pantheon and a leading global institutional investor, has acquired Lake… Read more
National Real Estate Management Acquires Cary Retail Center with $21M Via Northmarq
St. Louis, MO-based National Real Estate Management has acquired the Bradford Square retail center in the Raleigh submarket of Cary,… Read more
Partnership Pays $70M for 344-Unit Residential Community in Cary
A partnership between Wellington, FL-based The Bainbridge Companies, LLC, and Austin, TX-based Virtus Real Estate Capital has secured $69.8 million… Read more
Portman Holdings Taps Dotan Zuckerman as Head of Retail and Activation
Atlanta-based Portman Holdings has appointed Dotan Zuckerman as head of retail and activation. He is responsible for the retail programming,… Read more
TerraCap Management Acquires Second Raleigh-Durham Mutlifamily
Naples, FL-based TerraCap Management LLC, has acquired The Lex at Brier Creek, a 1999-built, 346-unit apartment complex located in the… Read more
Aventon Begins Construction on 293-Unit Apartment Community in Cary
Raleigh, NC-based Aventon Companies has broken ground on its second apartment community within the Raleigh-Durham-Chapel Hill metro. Aventon Kit Creek,… Read more
L&B Realty Advisors Buys Twin Lakes Center, Only Wegmans in Cary
JLL has closed the sale of Twin Lakes Center, a fully leased, 18,594-square-foot, multi-tenant retail building anchored by the only… Read more
GI Partners Acquires Two Life Science Properties in Boston, Another near NC’s RTP
San Francisco, CA-based GI Partners has acquired three East Coast life science properties representing 419,000 square feet on behalf of… Read more
Space Shop Clears Out Some Stuff with $137M Sale of Two Portfolios
Atlanta, GA-based Space Shop Self Storage has sold two self-storage portfolios encompassing nine locations for $137 million to REIT Extra… Read more
Divaris Real Estate Adds Raleigh Office, Names Principal Managing Broker
Virginia Beach, VA-based Divaris Real Estate, Inc., has named Jessica Johnson as principal managing broker of its new office expansion… Read more
Avanath Completes First OZ Fund Acquisition, Buys $19M Workforce Community in Cary
Avanath Capital Management, LLC, has completed the $19.2-million acquisition of the Arbors at Cary, a 248-unit affordable housing community in… Read more
JLL Brokers $24M Sale of North Carolina Office Property
JLL has arranged the $24 million sale of 6501 Weston Parkway., a 93,582-square-foot office property in Cary, North Carolina. The… Read more
Newmark Brokers $49M Sale of Metro Raleigh Apartment Community
Newmark has arranged the $49.4 million sale and $35.8 million Freddie Mac financing of The Reserve at Cary Park, a… Read more
Metro Raleigh Grocery Property Trades for $35M
JLL has arranged the $34.8 million sale of Wegmans, West Cary, a 103,000-square-foot, single-tenant retail property in Cary, N.C. Tom… Read more