North Carolina
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
Raleigh Developer to Start Work on 269-Unit Rental Community
Blue Heron Asset Management and design firm Cline will begin work soon on a 269-unit apartment project in Raleigh. The project, called… 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
Life Sciences Employers Consider Areas Beyond Established Biopharm Hubs
In the labor market, life sciences hubs continue to rely on talent to drive innovation. According to Cushman & Wakefield’s… Read more
CMBS Special Servicing Rate Reverses May’s Monthly Decline
The Trepp CMBS special servicing rate increased by 34 basis points in June to 11.20%, reversing May’s decline. Special servicing… Read more
LBA Logistics Acquires 350K-SF Forsyth County Warehouse Pair
LBA Logistics recently purchased two industrial properties in the Union Cross Industrial Park near Winston-Salem for $38.16 million. The seller… 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
Turnbridge Eyeing Raleigh for Another Residential Tower
Turnbridge Equities is pursuing permission from the City of Raleigh to build a 20-story tower and single-story retail building near Nash Square.… Read more
Ascendant Capital Partners Acquires Virginia Hotel Portfolio
Ascendant Capital Partners has acquired an eight-hotel portfolio from Coastal Hospitality Associates, LLC. The Portfolio comprises 965 predominantly beachfront rooms… Read more
19-Story Raleigh Landmark to Reopen as Hotel Indigo
The round, 19-story structure on Hillsborough Street will officially reopen as Hotel Indigo Raleigh in October 2026. Following a $36… 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
Merritt Properties Secures $750M Investment Led by Centerbridge
Merritt Properties announced a $750 million strategic investment led by global investment firm Centerbridge Partners, L.P. This includes dedicated growth… Read more
Front Street Developing $250M Winston-Salem Mixed-Use Project
Front Street Capital, along with Carter, is developing The Grounds, a $250 million project in Winston-Salem. The Triad Business Journal… 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
Buc-ee’s Reveals Locations of Five New SE USA Stores
Since soccer tourists started arriving in the US from countries with World Cup teams, Buc-ee’s has become a social media phenomenon.… Read more
Atrium Health Opens $163M Greensboro MOB
Atrium Health Wake Forest Baptist (AHWFB) opened Medical Plaza Northwest Greensboro, at 2909 Horse Pen Creek Road. The $163 million,… 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