North Carolina
Curt Grantham Tapped to Lead CBRE’s Global Project Management Group
Los Angeles-based CBRE named Curt Grantham to a new role as Global President of Project Management. Grantham will drive strategy, growth… Read more
$800M MXU Planned in North Carolina
Montgomery Carolina and Lee-Moore Capital Co. formed the Eco Group, a joint venture to develop Mosaic, an $800-million mixed-use project… Read more
Ally Takes 400K-SF at Planned Charlotte Tower
Ally Financial Inc. and Crescent Communities struck a lease agreement at a planned 26-story, 742,000 square-foot office tower that will… Read more
Starwood, Trinity, Vanderbilt JV Divests North Carolina Portfolio for $105M
A joint venture between Starwood Capital Group, Trinity Capital Advisors and Vanderbilt Partners divested a seven-property office portfolio in Raleigh-Durham,… Read more
First Residential Development Planned in Charlotte’s URP
Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register. North America’s largest… Read more
Alexandria Creating 1M-SF AgTech Mega-Campus in NC
Pasadena, CA-based Alexandria Real Estate Equities, Inc. plans to create the Alexandria Center for AgTech, RTP, the initial phase of… Read more
Trader Joe’s-Anchored Shopping Center in Charlotte Acquired for $25M
Los Angeles-based Westwood Financial LLC acquired The Arbors at Mallard Creek, a 55,323-square-foot, Trader Joe’s-anchored neighborhood center in Charlotte, NC… Read more
Bell Closes MF Fund with $600M in Equity Commitments
Greensboro, NC-based Bell Partners Inc. completed its second and final close of Bell Apartment Fund VI, LLC. The Fund was… Read more
ARA Newmark Brokers $61M MF Sale in Raleigh, NC
Baltimore-based Continental Realty Corporation acquired The Edison Lofts, a 223-unit, multi-housing community located in Raleigh, NC from Cleveland, OH-based NRP… Read more
Charlotte’s Rotunda Building Trades for $42M
HFF arranged $42.4 million in acquisition and improvement financing for the Rotunda Building, a 230,790-square-foot office building in Charlotte, NC’s… Read more
Northwood Investors Nab $350M in Acquisition Financing
Northwood Investors obtained combined acquisition financing totaling $350 million for a mixed-use portfolio in Ballantyne Corporate Park in Charlotte, NC.… Read more
Passco Adds 240 More Units to Portfolio
Passco Cos. paid $38.5 million to add the 240-unit Woodfield South Point apartment community in West Ashley, SC to its… Read more
Office Development Coming to South End of Charlotte
A Class A, 83,000-square-foot office development will soon break ground at 2100 S. Tryon St., in Charlotte, NC’s historic South… Read more
Pure Industrial Pays $81M for Southeast Portfolio
Pure Industrial Real Estate Trust acquired a six-property portfolio from STAG Industrial Inc. The Canadian REIT paid $81 million for… Read more
Dilweg Cos. Expands Portfolio With $41M Buy
Dilweg Cos., based in Durham, NC, acquired four Class A buildings totaling 264,410 square feet in Chapel Hill, NC. Dilweg… Read more
More than 1M SF of Office Coming to Charlotte
Charlotte, NC’s uptown area hasn’t had much in the way of office space during the past several years. But that… Read more
Barings Completes $93M buy of ACRE Capital
Barings Real Estate Advisors, once known as Cornerstone Real Estate Advisors, has completed the acquisition of ACRE Capital Holdings LLC.… Read more
Highwoods Expands Raleigh NC Footprint by 243K
Highwoods Properties closed on the acquisition of the Charter Square Building on Fayetteville Street in downtown Raleigh, NC. The local… Read more
Armada Hoffler to Partner on 225-Unit MF in North Carolina
Armada Hoffler entered into an agreement with Southern Apartment Group to develop and own a Class A, 225-unit apartment complex… Read more