Charlotte
Nuveen Arranges C-PACE Loan for Converted Gastonia Cotton Mill
Lansing Melbourne Group obtained a $6.5 million C-PACE loan from Nuveen for the Trenton Mill Lofts, an 85-unit apartment complex… Read more
Canadian Manufacturer Buys Charlotte Warehouse
Toromont Industries Ltd., owner of AVL Manufacturing, bought a 232,310-square-foot building at 13006 Sam Neely Road this week. Public real… Read more
AvalonBay, Spectrum Open Lake Norman Apartment/Townhome Venture
AvalonBay Communities Inc. (NYSE: AVB) and The Spectrum Cos. have delivered Avalon Lake Norman, a 345-unit apartment and townhome community… Read more
Charlotte Developers Adding 110K Square Feet to Longstanding Retail Project
Charlotte-based developer Aston and Branch Properties are working together on Phase III of a project at Highway 84 and Waxhaw… Read more
Charlotte Developer Ready to Go on $160M Apartment Project
Panorama Holdings says they are just days away from starting work on a 434-unit rental community in Charlotte. Construction will… Read more
McCraney Continues Prep Work on 1.3M Charlotte Warehouse Project
It hasn’t been the easiest project to get going, but McCraney Property Co. is moving closer to building a 1.3… Read more
NC Boat & Storage Investors Form $250M JV
Charlotte-based BlueGate Boat & RV Storage formed a $250 million joint venture with GEM Realty Capital to accelerate acquisitions and… Read more
JV Lands Refi for Charlotte Adaptive Reuse Portfolio
Third & Urban and TPG Angelo Gordon have obtained a $51.4 million loan to refinance Lower Tuck, a mixed-use portfolio… Read more
Grandview Sells Nearly 800K-SF Statesville Warehouse
Grandview Partners sold a 798,000-square-foot warehouse in Statesville for $139 million. Eaton Vance, an investment group owned by Morgan Stanley,… Read more
Charlotte Apartment Developers Close on $48M Construction Loan
Capital City Real Estate and Pennington Real Estate Partners obtained a $48 million construction loan for The Mill, a 281-unit… Read more
Charlotte Scores Large Canadian Manufacturer
Canadian-based AVL Manufacturing will open its first U.S.-based mobile machine manufacturing plant in Charlotte, creating more than 325 new jobs and investing… Read more
PRP Acquires 265K-SF Fiber Optic Manufacturing Facility
PRP, a real estate investment management company headquartered in Washington, D.C., has acquired a Corning fiber optic manufacturing facility in… Read more
Charlotte-Area Fiber Optic Cable Plant Sells for $60.6M
PRP acquired a Corning fiber optic manufacturing facility in Hickory, NC, for $60.6 million. Corning was leasing the facility from… Read more
Analyzing the Office Sector’s Patchwork Metrics
There’s little doubt that the officer sector has been hit by the one-two punch since 2020. First, there was the… Read more
Highland Set to Renovate Charlotte Office Tower
Highland Ventures plans a multi-million-dollar revamp of a dated office tower in Charlotte after buying it for $24 million. The… Read more
Charlotte Retail Center Trades for $20M
Raptor Realty Investments has sold Carmel Village, a 53,615-square-foot retail center in Charlotte, for $19.9 million. Located at 7510 Pineville-Matthews Road,… Read more
KBS Sells Nearly 500K-SF Charlotte Industrial Park
KBS sold Crossroads Distribution Center to Link Logistics for nearly $81.2 million. The four-building, 496,723-square-foot park is 100% leased. The… Read more
Industrial Developer Bullish on Raleigh-Area Warehouse Market
Wake Stone Property Company increased the size of its seventh and final building by 30 percent in its Hinton Oaks… Read more