North Carolina
Jet Maker Inks Incentive Deal for $4.7B Greensboro Manufacturing Venture
JetZero, the aerospace start-up pioneering an all-wing design airplane, has chosen Greensboro as the location for its first advanced manufacturing… Read more
Durham Offices Slated for Major Makeover
Durhamite SouthCourt, a newly rebranded Class-A office building in Durham, is underway with extensive renovations, including changes to the amenity… Read more
Charlotte Developer Ready to Go on $160M Apartment Project
Panorama Holdings says they are just days away from starting work on a 434-unit rental community in Charlotte. Construction will… Read more
Live Nation to Spend $1B on Venues for Underserved Markets
Live Nation Entertainment said it would invest $1 billion to build 18 new and revitalized live music venues with the… Read more
Apex Mixed-Use Venture Adding Hilton-Branded Hotel
The Sweetwater Town Center is adding a hotel to its mixed-use project in Apex. The Triangle Business Journal reports that a… Read more
McCraney Continues Prep Work on 1.3M Charlotte Warehouse Project
It hasn’t been the easiest project to get going, but McCraney Property Co. is moving closer to building a 1.3… Read more
NC Boat & Storage Investors Form $250M JV
Charlotte-based BlueGate Boat & RV Storage formed a $250 million joint venture with GEM Realty Capital to accelerate acquisitions and… Read more
JV Lands Refi for Charlotte Adaptive Reuse Portfolio
Third & Urban and TPG Angelo Gordon have obtained a $51.4 million loan to refinance Lower Tuck, a mixed-use portfolio… Read more
Durham Life Sciences Company Eyes $20M Expansion
BioAgilytix, a bioanalytical laboratory that works with pharmaceutical and biotechnology companies on drug development, is expanding on its already robust… Read more
Empire Teeing Up Atlanta Apartment/Townhome Deal Near Topgolf
Empire Communities hopes to get Atlanta city approval to build a 455-unit multifamily community next to a Topgolf at 1280… Read more
Grandview Sells Nearly 800K-SF Statesville Warehouse
Grandview Partners sold a 798,000-square-foot warehouse in Statesville for $139 million. Eaton Vance, an investment group owned by Morgan Stanley,… Read more
Trepp: Volume of CMBS Loan Losses Rises in April
The volume of CMBS loan losses increased slightly in April, although the average loss severity declined, reported Trepp. The 12-month… Read more
Rental Home Leader Buying Up Wake County Townhomes
Home rental company Invitation Homes has bought 152 townhomes in the Glennon at Wendell development in Wake County. The Triangle… Read more
Graycliff Picks Up Asheville Rental Community
Carlisle Residential has unloaded Highline North, a 168-unit multifamily property in Asheville. Graycliff paid $43.75 million for the property. Berkadia’s… Read more
Seattle-Based Weyerhaeuser Acquires Timberlands in NC, VA
Weyerhaeuser, a Seattle-based timber company, has agreed to acquire approximately 117,000 acres of high-quality timberlands in North Carolina and Virginia… Read more
Charlotte Apartment Developers Close on $48M Construction Loan
Capital City Real Estate and Pennington Real Estate Partners obtained a $48 million construction loan for The Mill, a 281-unit… Read more
Lowes Foods Adding, Remodeling Triangle Region Stores
Lowes Foods, a Carolinas-based grocer headquartered in Winston-Salem, is expanding in the Triangle and the Low Country. Lowes Foods will… Read more
Charlotte Scores Large Canadian Manufacturer
Canadian-based AVL Manufacturing will open its first U.S.-based mobile machine manufacturing plant in Charlotte, creating more than 325 new jobs and investing… Read more
Williams Sells Greensboro Warehouse for $41M
Williams Development Group sold a 400,000-square-foot building within the Young Mills Industrial Center to EQT Exeter for $41 million. The… Read more