Charlotte
Hines Trust Acquires Historic Charlotte Design Center
Hines Global Income Trust acquired the Design Center of the Carolinas from Asana Partners for $170 million. Once the Nebel… Read more
Charlotte Warehouse Investor Pays $41.4M for 4-Building Portfolio
Adler Real Estate Partners acquired four industrial assets in Arrowridge Business Park for $41.4 million. BankUnited provided a $25.6 million… Read more
Apartment Developer Pursuing Phillips Place for Multifamily Community
Mid-America Apartment Communities is seeking a zoning change to build a 275-unit apartment complex and 15,000 square feet of commercial… Read more
Charlotte’s Spectrum Companies Purchased by Lincoln Property Company
Dallas-based Lincoln Property Company (“Lincoln”), a global full-service real estate firm, acquired The Spectrum Companies (“Spectrum”), a Charlotte-based, full-service real… Read more
Mission Properties Adding 247 Apartment Units, Retail to Charlotte-Area Portfolio
Mission Properties purchased a 19-acre parcel in Huntersville to build an apartment complex and 40,000 square feet of retail. The… Read more
DLC Pays $36.6M for Charlotte Retail Center
DLC Management paid $36.6 million for Perimeter Woods, a 127,000 square foot retail center across from Northlake Mall in Charlotte.… Read more
Developer Buys Land Near Charlotte Transit Station, Apartments on Way
Arlington Properties acquired land at 7220 N. Tryon St. for $9 million. McKinney Holdings was the seller. The Charlotte Business… Read more
Fallon Co. Kicks Off $500M Charlotte Project
The Fallon Co. has broken ground on phase one of its mixed-use development called Centre South. The Charlotte Business Journal… Read more
Lowes Foods Tapped to Anchor Mooresville Development
Construction on a 52,000-square-foot Lowes Foods store is expected this fall. The store will anchor Pappas Properties‘ master planned community… Read more
Stonemont Taps Arman Fashandi as Vice President of Corporate Services
Stonemont, an Atlanta-based investment firm specializing in industrial real estate, has hired Arman Fashandi as vice president of corporate services,… Read more
South Street Partners Acquires Its First Tri-State Resort in Western NJ
South Street Partners, a private equity real estate investment firm headquartered in Charlotte, NC and Charleston, SC, acquired Crystal Springs… Read more
Flournoy Acquires Charlotte Parcel, 351-Unit Rental Community on Way
Cousins is foregoing its plans to build a 17-story office highrise and a 19-story apartment building at West Tremont and… Read more
Office-Using Job Growth Shifts to Southern and Western Metro Areas
U.S. office-using job growth has shifted south and west, Avison Young reported. Austin leads all major metro areas, up approximately… Read more
Asana Starts Transformation of Former Duke Energy HQ
Asana Partners, MRP Realty and Rockefeller Group completed the necessary demolition of the former Duke Energy facility. Headquarters at 526 S.… Read more
Renovations Underway on Discounted Charlotte Office Tower
Highland Ventures is updating a building that recently sold at a discount. The Charlotte Business Journal reports the company paid… Read more
Madison Capital Obtains $223M Bridge Loan for 5 SE USA Apartments
Madison Capital Group inked a $223 million bridge loan for five multifamily communities in the Carolinas and Florida. Walker &… Read more
Greystar Opens Doors to 402-Unit Huntersville Rental Community
Greystar has opened the remaining units of Archer Eastfield Station, a 402-unit apartment complex at 6615 Cerris Drive in Huntersville. Construction… Read more