Charlotte
ExCap Picks Up Charlotte Rental Asset for $54.7M
Mesirow sold a 216-unit Charlotte apartment community to Expedition Capital Advisors (ExCap) for $54.7 million. Northmarq’s Andrea Howard, John Currin, Allan Lynch, Caylor Mark, Jeff… Read more
NASCAR Race Team Building Concord Manufacturing Plant
Hendrick Motorsports is proposing a $35 million investment to develop a 260,000-square-foot manufacturing facility adjacent to its Concord campus. The… Read more
Charlotte Tower Sells at Deep Discount
New England Investment Properties purchased the 342,162-square-foot 121 W. Trade Street building for $32 million. The Charlotte Business Journal reports… Read more
U.S. Apartment Rent Growth Eases to 1% in Q4 2024
National year-over-year asking rent growth eased to 1.0% in December 2024 compared to 1.1% at the end of September 2024,… Read more
MDH Completes 700K-SF Charlotte Industrial Center
MDH Partners recently wrapped up work on the Northcross Commerce Center Phase II in the Huntersville neighborhood of Charlotte. Phase… Read more
Developer Trio Teaming Up on $500M Charlotte Development
Levine Properties, Northwood Ravin and Horizon Development Properties are working together on a $500 million redevelopment of the former Providence Square… Read more
Lion Acquires 3rd Charlotte Rental Asset
Lion Real Estate Group acquired a two-property, 208-unit apartment portfolio in Charlotte that was rebranded as Creekside Canopy. The acquisition expands the… Read more
Crosland Eyeing Matthews for Mixed-Use Project
Crosland Southeast hopes to get permits for a project with residential and commercial uses in the Charlotte suburb of Matthews.… Read more
Dream Capital Building Dual-Branded Nashville Hotel
An Atlanta-based hotel developer bought the East Nashville site where it is planning a Marriott hotel. Dream Capital paid $5 million… Read more
70K-SF NC Shopping Center Flips to Ziff
The Camfield Corners shopping center in south Charlotte has sold for $11.2 million. Camfield purchased the center in 2015 for… Read more
100-Year-Old Charlotte Office Tower Converting to Hotel
KHP Capital Partners plans to convert the historic Johnston Building into a 245-room hotel. To be called The Beckwith Hotel,… Read more
Cousins Lands Austin’s Sail Tower for $521.8M
Cousins Properties is under contract to acquire 601 West 2nd Street, also known as Sail Tower, an 804,000-square-foot office property in Austin,… Read more
Cortland Adds to Atlanta Apartment Portfolio
Cortland bought the former Gardens at East Cobb in Marietta, a 484-unit apartment community previously owned by NALS Apartment Homes.… Read more
INDUS Snags Majority Share of $575M Carolinas Industrial Portfolio
INDUS Realty Trust, Inc. acquired a majority interest in a 4.3 million square foot logistics portfolio comprising 21 buildings (the… Read more
Owners Hope to Expand Birkdale Village
The owners of Birkdale Village in Huntersville want to add office space, a hotel, apartments and expand the retail offerings.… Read more
Newmark Lands 3-Member Nashville CBRE Office Team
Jay O’Meara, Justin Parsonnet and Ryan Reethof have left CBRE and joined Newmark to lead office investment sales in the… Read more
Two Charlotte Rental Assets Trade for $183.5M
Two heavyweight apartment investors have spent over $183 million gobbling up Charlotte commercial real estate. St. Regis Properties acquired Crown… Read more
Dune, TF Cornerstone Launch $1B Office-to-Residential Venture
Dune Real Estate Partners and development firm TF Cornerstone (TFC) said Tuesday they had created a $1-billion venture, Alta Residential,… Read more