North Carolina
ATCO Forms JV with Shorenstein on Charlotte Adaptive Reuse
ATCO Properties & Management formed a joint venture with Shorenstein Properties LLC to undertake the adaptive reuse of five buildings at the… Read more
New Glazing Becomes Turnpike 4 Tenant
New Glazing Industries, Ltd. leased 39,696 square feet at Turnpike 4, 2130 French Settlement Rd. in Dallas. Younger Partners’ Carter… Read more
Anchor Health, Morgan Stanley Acquire Trio of MOBs Totaling 250K SF
Anchor Health Properties formed a joint venture with a Morgan Stanley Real Estate Investing advised fund to acquire three East… Read more
How Millennials Drive Tomorrow’s Real Estate Trends
As Millennials in the U.S. settle into their 20s and 30s, affordable mid-sized tech hub cities, select city-center neighborhoods and… Read more
KBS Legacy Partners Divests MF Portfolio for $480M
KBS Legacy Partners Apartment REIT, Inc. divested 11 multifamily communities totaling 3,039 units located in core markets in Minnesota, Illinois,… Read more
Ross Stores Takes Space at Charlotte’s LegacyPark West
A 431,035-square-foot lease was signed at a newly developed, Class A distribution facility within LegacyPark West, a master-planned, industrial business… Read more
Wood Partners Divests NC MF for $42M
Altera North Pointe, a 320-unit, garden-style apartment community in Durham, NC, traded hands for $42.1 million. HFF advised the seller,… Read more
FCP Acquires 574-Unit MF in Charlotte for $60M
Maryland-based FCPSM acquired the Reserve at Providence, a 574-unit, garden and townhome-style apartment community in Charlotte, NC, from an unnamed California entity for… Read more
44 Acres in Metro Atlanta Slated for 600K-SF Spec Industrial Development
McCraney Property Company acquired more than 44 acres on Georgia State Route 13 in Buford, GA from Northeast Georgia Health… Read more
Accesso, Torchlight Nab Durham, NC Buildings for $108M
Florida-based Accesso Partners LLC and capital partner Torchlight Investors acquired 10 office buildings in Meridian Corporate Center, an office park… Read more
Tommy Crozier Re-Joins CBRE to Lead Hotel Valuations
CBRE added Tommy Crozier to its valuation and advisory service business line as EVP and leader of CBRE Hotels’ valuation… Read more
Federal Tax Reform Package to Provide Boost in California
The recently-enacted federal Tax Cuts and Jobs Act reform legislation is expected to drive interest in knowledge-center markets, spur investment… Read more
ARA Newmark Closes $500M in Student Housing Sales in Seven States
ARA, A Newmark Company, completed more than $500 million in student housing investment sales since February. The transactions totaled more… Read more
JLL Explains What’s Driving Investor Appetite for Grocery-Anchored Retail
By Dennis Kaiser Grocery expansions slowed in 2017, as brands took a step back to examine existing footprints and reevaluate… Read more
Amazon’s Not Alone: Retail Investment Happened Here, Too
Although grocery store openings declined by 29% in 2017, investment in grocery-anchored shopping centers witnessed an increase of 5.3% since… Read more
KBS, Kane Sell Raleigh, NC Asset for $127M
Newport Beach, CA-based KBS Realty Advisors and Raleigh, NC-based Kane Realty Corp. divested Midtown Plaza to an undisclosed party for… Read more
Gaslamp Quarter Retail Asset Goes for $20M
A 17,462-square-foot retail property, located on the corner of 5th Avenue and G Street in San Diego’s Gaslamp Quarter, sold to… Read more
The Best State Capitals in America
Out of all the state capitals in America, only 17 represent the largest population in their state, but there’s more… Read more
Heitman Acquires Multistate, 1.4M-SF MOB Portfolio
Chicago-based Heitman LLC acquired a 1.4-million-square-foot medical office portfolio comprised of 17 buildings in seven states on behalf of an… Read more