Charlotte
Publix Spends $25M on Durham Shopping Center Lot
Publix purchased land in a Durham shopping center for more than $25 million. The grocery chain purchased two lots at… Read more
S2 to Revamp, Rebrand Newly-Acquired Charlotte Rental Property
S2 Capital is planning renovations after acquiring an apartment community in Charlotte’s Collingwood neighborhood. The firm closed on a $49… Read more
Crescent Planning Lake Norman Multifamily Project
Crescent Communities plans to break ground this month on a 237-unit apartment complex north of Charlotte, on the Lake Norman… Read more
FCP Spins Off Douglasville Rental Community
FCP sold Stewart’s Mill Apartments in the West Atlanta suburb of Douglasville, GA to Viking Capital for $28.2 million. The 188-unit apartment community… Read more
Belmont Business Park Trades for $70M
An industrial project in Belmont has been sold by Tribek Properties for $70.1. RiverWest, an industrial park with two buildings… 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
Eaton Vance Picks Charlotte Rental Community for $65.8M
JLL Income Property Trust has sold Presley Uptown, a 230-unit community in Charlotte, for $65.8 million, nearly $300K/unit. The JLL REIT… Read more
Providence Group Expands Reach with Charlotte Land Purchases
Providence Group Capital recently purchased a 6-acre parcel to add to its already sizable holdings in Charlotte. The site is… Read more
Charlotte Apartment Project Fetches $107M
A Northmarq team led by Allan Lynch brokered the sale of Alta Filament, a 352-unit luxury multifamily property, for $107 million.… Read more
Decades-Old Charlotte Mill Recast as Office, Retail, Housing Project
Developers are finding that hundred-year-old flour mills and textile factories are too tough to die. A nationwide trend to renovate… Read more
Novant Pays $2.4B for 3 S. Carolina Hospitals
Novant has signed an agreement to purchase three South Carolina hospitals and associated physician practices and other related operations from… Read more
Charlotte’s Lower Tuck Filling Up Fast
The bet on the Lower Tuck development has paid off. Third & Urban has spent $140 million to redevelop six… Read more
Century-Old Charlotte Mill Reopens as Mixed-Use Project
A renovated 100+ year old Charlotte textile mill is ready for tenants. The $70 million revamp of the Savona Mill… Read more
Charlotte Office Building Trades at Steep Loss
AEW Capital Management bought Three Water Ridge in Charlotte for $35 million in 2016. They recently sold the 107,545-square-foot asset… Read more
Red Oak Capital Holdings Adds Finance Experts in Southwest, Northeast
Charlotte-based Red Oak Capital Holdings, LLC has added two seasoned finance experts to its growing team. The company has brought on Will… Read more
Onetime Charlotte-Area Cigarette Plant Site Attracting Multiple Users
The Carolinas are littered with abandoned cigarette manufacturing plants. One of those sites, a former Philip Morris plant outside Charlotte,… Read more
Carowinds Owner, 6 Flags Merge, to Make Charlotte HQ
Cedar Fair, the owner of Carowinds and Schlitterbahn amusement parks, has merged with Six Flags Entertainment. The new company will… Read more
Karis Cold Eyes Opening of Spec Charlotte Facility
Karis Cold is speculatively developing a 277,785-square-foot cold-storage facility in Rock Hill off Lazy Hawk Road. The $80 million project… Read more