North Carolina
Mirae Spins Off 200K-SF Charlotte Warehouse
Goldrich Kest purchased a 200,000-square-foot warehouse at 413 Goodman Road in October for nearly $52 million. The site is home… Read more
Food Lion Building $860M Burlington Distribution Center
Food Lion’s parent company is building an $860 million distribution center on N.C. 61, approximately one mile south of Interstate… Read more
Costco Eyes Rock Hill for $240.3M Distribution Center
Costco is considering a $240.3 million investment in a distribution center at a 173-acre site in Rock Hill, South Carolina.… Read more
CIP, Almanac JV Secures $820M Industrial Refi
JLL’s Capital Markets group arranged an $820-million refinancing for a national industrial portfolio comprising 42 shallow bay industrial properties totaling… Read more
Hillridge Picks Up 298-Unit Charlotte Rental Asset for $94M
Hillridge Capital paid $94 million for the Loft One35 apartments, located at 135 W. Morehead St. in Charlotte. Warfa was… Read more
Macy’s Opens $640M, 2.5M-SF Charlotte-Area Fulfillment Center
Macy’s debuted its new customer fulfillment and store replenishment center in China Grove, North Carolina. Outfitted with the latest automation… Read more
Hines Eyes Charlotte for Major Redevelopment Project
Hines has its sights set on a 3.87-acre property in SouthPark to redevelop into something much larger. The site, currently… Read more
Harrison Street, Morningstar Acquire 21-Property Self Storage Portfolio
Harrison Street Asset Management has acquired a 21-property self storage portfolio totaling 1.3 million net rentable square feet and over… Read more
Developer Targeting I-40/I-85 Interchange for Apartments, Convenience Store
Impeccable Development is looking to develop a mixed-use project near the interchange of I-40 and I-85 in Greensboro. The Triad… Read more
$149M Bond Okayed for South Fulton Housing Project
Develop Fulton’s Board of Directors approved a $149 million bond for Hutch Development to develop a major mixed-use project along… Read more
Walmart Pays $121.5M for Gaston County Warehouse
It took the Kings Mountain Corporate Center two years to become an overnight success. After sitting vacant since the industrial… Read more
Walker Webcast: The Fed, the Housing and Other Things—a Discussion with Economist Peter Linneman
The Oct. 8 Walker Webcast—“The Most Insightful Hour in CRE”—saw host Willy Walker (Chairman and CEO of Walker & Dunlop)… Read more
11-Story Durham Offices Trade for $72M
Accesso acquired 555 Mangum, a Class A office property located at 555 S. Mangum St. in Durham, North Carolina, for… Read more
KBS Sells Raleigh Apartments for $132.5M
KBS sold Park Central Apartments, a luxury high-rise apartment community with ground-floor retail in Raleigh, North Carolina, for $132.5 million.… Read more
Hawthorne Adds to Triad Holdings
Equus Capital Parnters has sold the Reserve at Bridford apartment in Greensboro for $41.5 million. Hawthorne Residential Partners was the… Read more
Ares Planning Apartment Venture at Plaza Midwood
Ares Management Corp. closed on the Plaza Midwood property in Charlotte. Ares paid $18.5 million for the 2.5-acre site at 1817… Read more
Buckingham Inks Refi on Durham Rental Community
Buckingham Cos. has obtained $36 million in refinancing for the 240-unit Plat 4 at Research Triangle in Durham, N.C. Commercial… Read more
Walmart Investing $300M in Charlotte-Area Warehouse
The N.C. Economic Investment Committee approved incentives for a $300 million project from Walmart Fulfillment Services LLC. The Charlotte Business… Read more
