North Carolina
240K-SF Office to Go North in Durham NC
Dirt work is set to begin this week at the corner of South Magnum Street and Jackie Robinson Drive, the… Read more
Trinity Capital, PCCP, Add 250K SF Industrial to Charlotte, NC
Trinity Capital Advisors has teamed with PCCP to develop a total of 250,000 square feet at Charlotte, NC’s Shopton Ridge… Read more
Obama Factory Sensor Institute Coming to L.A.
A new federally-funded institute focused on developing efficient sensors for the manufacturing process is set to be based at UCLA in… Read more
NJ-Based Monmouth Pays $28M for CO FedEx Center
Monmouth Real Estate Investment Corp., based in Freehold, NJ, spent $28.8 million to acquire a new, 225-362-square-foot FedEx distribution center… Read more
Partners Acquire 234 Units in NC, Plan Upgrades
ROSS Management Services has teamed with Cedar Grove Capital to snag the Colonial Village Apartments at 1010 Oak Grove Rd.… Read more
Pierce Education Now Owns Gainesville Student Housing
Pierce Education Properties acquired the Pavilion on 62nd, an off-campus student-housing property in Gainesville, FL serving the University of Florida… Read more
BofA Not Liable in Countrywide Case
A federal appeals court in Manhattan has ruled that Bank of America Corp. was not liable for fraud nor would… Read more
Lake Brandt Apartments in NC Sells for $20M
Boston-based Winthrop Realty Trust sold its 284-unit Lake Brandt Apartments in Greensboro, North Carolina for $20 million. The disposition was… Read more
Cary, NC Development Faces Historic Obstacle
Northwoods Associates LLC is interested in joining forces with the town of Cary, NC to build a 55,000-75,000-square-foot retail and… Read more
InvenTrust Acquires Stevenson Ranch Plaza for $72.5M
Oak Brook, IL-based InvenTrust Properties Corp. acquired Stevenson Ranch Plaza, a 187,035-square-foot grocery-anchored retail center located northwest of Los Angeles… Read more
Axiometrics’ Jay Denton: Multifamily Performing Well
The multifamily sector continues to be one of the strongest when it comes to commercial real estate. With Axiometrics Inc.… Read more
$284M Office Sale Breaks North Carolina Record
A joint venture between Starwood Capital and Vision Properties has sold Charlotte, NC’s One Wells Fargo Building for $284 million.… Read more
WaterWalk Targets TX, CO for Development
Wichita, KS-based WaterWalk Hotel Apartments, a model that expands mostly through franchising, has signed a $150 million agreement with Rockford… Read more
Dilweg Cos. Sells Office Buildings for $46M
Dilweg Cos. sold One SouthPark Center and Two SouthPark Center to CCP Commercial Real Estate. The Durham, NC-based Dilweg sold… Read more
$86M One City Center Planned by JV
Armada Hoffler Properties Inc. and Austin Lawrence Partners have joined forces to develop and own One City Center in downtown… Read more
BofA Rolls Out 3% Down, No FHA Loan Program
A new mortgage product unveiled by Charlotte, North Carolina-based Bank of America will allow borrowers to make as little as… Read more
Debbie Currier Optimistic About Retail in 2016
Debbie Currier was recently named president of the Retail Brokers Network (RBN), a networking group of 65-plus independent offices in… Read more
And the Winner of Super Bowl 50 – and MF Metrics – Is . . .
In its annual multifamily metric match-up of Super Bowl team cities, Axiometrics declared that both the Charlotte, NC and Denver… Read more