Charlotte
Crescent, GTIS Teaming Up on Charlotte Warehouses
Crescent Communities and GTIS Partners are working together on an industrial project planned in Huntersville. The local planning board is… Read more
Taylor Morrison Picks Up Fully Permitted 162-Acre Lake Wylie Property
Homebuilder Taylor Morrison paid $58 million for lakefront property outside of Charlotte. Taylor Morrison says it will deliver a mix… Read more
Belk Adding Outlet Concept to NC Stores
Belk is incorporating its outlet concept in two of its North Carolina stores. The Charlotte-based retailer will bring that concept… Read more
QuadReal, T5 Target $8B Data Center Platform
QuadReal Property Group and T5 Data Centers said Wednesday they had expanded their six-year partnership to fund its next phase… Read more
Barings to Acquire Artemis Real Estate Partners
Investment manager Barings has agreed to acquire Artemis Real Estate Partners, a real estate investment firm with $11 billion-plus of… Read more
Chicago/Midwest People & Company News, week of February 14, 2025
Newmark has hired Keely Polczynski, a respected retail investment sales professional with more than 20 years of experience, to its… Read more
KHP Reveals Timetable for Charlotte Office-to-Hotel Conversion
KHP Capital Partners is planning to convert the historic Johnston Building into a 245-room hotel with a fine-dining restaurant and… Read more
Westwood Financial Adds Retail Center to Growing Charlotte Portfolio
Westwood Financial acquired Eastway Square, a 130,156-square-foot grocery-anchored neighborhood center in Charlotte. In addition to Eastway Square, Westwood Financial owns… Read more
Penzance Acquires 380-Unit Residential Property in Charlotte
Penzance, along with partner TriWest Multifamily, completed the off-market acquisition of Stoney Trace Apartments, a 380-unit multifamily community in Charlotte,… Read more
Long-Running NC Beach Resort Gets New Look, Name
A Wrightsville Beach hotel that’s been open since 1964 has been given a full makeover and a new name. The… Read more
Developer Trio Eyeing Huntersville Mixed-Use Project
A high-profile trio of developers is trying to convince a Charlotte-area local governing board to okay a significant zoning request.… Read more
Penzance Picks Up Charlotte Apartments for $59.8M
Penzance, along with its partner TriWest Multifamily, acquired Stoney Trace Apartments, a 380-unit multifamily community in Charlotte. Penzance purchased Stoney… Read more
341-Unit Charlotte Rental Community Taking Tenants
Flournoy Development Group has wrapped up construction on the 341-unit, mixed-use community Ellison Mallard Creek in Charlotte. The community is… Read more
Blue Heron Spins Off Lake Norman Apartments
Blue Heron Asset Management sold The Linden Apartments to Continental Realty (CRC) for $49.5 million. Blue Heron paid $28.5 million… Read more
Charlotte Developer Gets Go-Ahead for Office Conversion
Childress Klein has been greenlighted to convert a Charlotte office complex into a mixed-use project. The company was granted a… Read more
Once-Planned Rock Hill Chip Plant for Sale/Lease
Not long ago, Pallidus had plans to build a $443 million semiconductor plant in Rock Hill. The company was eyeing… Read more
Multifamily Ends 2024 on the Downswing
Yardi Matrix’s December Multifamily Report pointed out a couple of things: Or, as Yardi Matrix’s Manager of Business Intelligence Doug… Read more
Battered Northlake Mall Sells for $39M
Northlake Mall opened in 1971, and like most malls from that era, few are still open as designed. Online shopping… Read more
NEIP Acquires Charlotte Highrise Office Building
IPA Capital Markets (a division of Marcus & Millichap (NYSE: MMI)) and Green Harbor Capital secured $18 million in financing for the $32 million… Read more