North Carolina
Places to Go for Development and Investment
The recently released “Emerging Trends in Real Estate, United States and Canada 2017” ranked Texas cities — Austin and Dallas/Fort… Read more
REPORT: DFW ID’d as “New City of Finance”
The Dallas-Fort Worth area has been identified as one of several “new cities of finance” in a report issued by… 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
OC Among Top Tech Office Markets for Rent Growth
An analysis of the 30 leading U.S. and Canadian tech markets reveals that Orange County ranks No. 3 for office… Read more
Northcross Commons Center Bought for $31M
InvenTrust Properties Corp. acquired the 61,000-square-foot, Whole Foods-anchored Northcross Commons Center in Huntersville, NC. The Oak Brook-based buyer paid the… Read more
CBRE Arranges $720M Sale, $500M Acquisition Financing for SE MF Portfolio
Los Angeles-based CBRE Group, Inc. arranged the sale of the Southeast Residential Portfolio (SERP), a 24-property multifamily portfolio, to San… 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
Inland Grabs 204-Unit Vanguard Northlake for Portfolio
Inland Real Estate Acquisitions Inc. struck a deal to acquire the 204-unit Vanguard Northlake Apartments at 11010 Northlake Landing Dr.… Read more
Nucor Spending $230M to Build Arkansas Cold Mill
Nucor Corp. is supersizing its presence in Blytheville, AR by investing $230 million to build an additional cold mill at… Read more
Amazon to Build West Texas Wind Farm
Seattle-headquartered Amazon Inc. is planning to build a large wind farm in Scurry County of West Texas, one that will… 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
Wells Fargo Manufactures $115M Loan for Manufactured Homes
The Carlyle Group, based in Washington, DC, obtained a $115 million loan from Wells Fargo to refinance 32 manufactured home… Read more
Crescent Scottsdale Quarter MF Acquired for $87M
A pension fund advised by Dallas-based Invesco Realty Advisors acquired Crescent Scottsdale Quarter for $87 million. The transaction represents the… Read more
Two NC Multifamily Deals Yield $93M
Two separate apartment buildings in the Brier Creek area of Raleigh, NC, recently sold for a combined value of $93… Read more
Applied Predictive to Remain, and Expand in VA
Applied Predictive Technologies will keep its Ballston, VA headquarters, despite being wooed by Washington, DC and North Carolina. The software… Read more
Preferred Pays $158M for Hines REIT Grocery Portfolio
Preferred Apartment Communities, Inc. (PAC) struck a deal with Hines non-listed Real Estate Investment Trust to acquire seven grocery-anchored shopping… Read more
JV Acquires 288-Bed Student Housing Asset in Greenville, NC
Campus Advantage and Waypoint Residential teamed to buy the 288-bed First Street Place Apartments in Greenville, NC. The seller, Blue… Read more
Amazon Signs 324K-SF Warehouse Lease in NC’s Research Triangle Park
Amazon.com signed a lease to take down the 324,838-square-foot lease Centerpoint I industrial building on T.W. Alexander Drive, in Durham,… Read more