North Carolina
Greystone Closes $901M CRE CLO Backed by Multifamily Loans
Greystone has closed on Greystone CRE Notes 2025-FL4, LLC, a $901.3-million Commercial Real Estate Collateralized Loan Obligation (CRE CLO) backed… Read more
Notable Huntersville Retail Center Listed for Sale
The group of North American Properties, Nuveen and Jamestown purchased Birkdale Center last year. Now, the group is putting it… Read more
Durham-Area Topgolf Property For Sale
Durham’s Topgolf recently signed a long-term lease, but that didn’t stop the property owner from selling the land. The sports… Read more
McCraney Lands Financing for 1M-SF Savannah Warehouse Project
McCraney Property Company obtained an $84 million loan for Phase I of Logistics 16 at Ottawa Farms, a 1,007,800-square-foot, Class… Read more
Multifamily Construction Gains in April While Single-Family Declines
Overall housing starts increased 1.6% in April to a seasonally adjusted annual rate of 1.36 million units, the U.S. Department… Read more
Omni Eyeing Raleigh for 553-Key Hotel
Omni Hotels & Resorts has filed a site plan for a 27-story, 553-room hotel at 10 W. South St. The… Read more
Charlotte-Area Fiber Optic Cable Plant Sells for $60.6M
PRP acquired a Corning fiber optic manufacturing facility in Hickory, NC, for $60.6 million. Corning was leasing the facility from… Read more
Analyzing the Office Sector’s Patchwork Metrics
There’s little doubt that the officer sector has been hit by the one-two punch since 2020. First, there was the… Read more
Highland Set to Renovate Charlotte Office Tower
Highland Ventures plans a multi-million-dollar revamp of a dated office tower in Charlotte after buying it for $24 million. The… Read more
Harris Teeter to Anchor Planned Fort Mill Retail Center
A 61,000-square-foot Harris Teeter supermarket will be the centerpiece of a retail center planned for Fort Mill. Called the Catawba… Read more
Charlotte Retail Center Trades for $20M
Raptor Realty Investments has sold Carmel Village, a 53,615-square-foot retail center in Charlotte, for $19.9 million. Located at 7510 Pineville-Matthews Road,… Read more
Drugmaker Building $700M Holly Springs Venture
Genentech, a member of the Roche Group, plans to invest more than $700 million in a new 700,000 square foot… Read more
KBS Sells Nearly 500K-SF Charlotte Industrial Park
KBS sold Crossroads Distribution Center to Link Logistics for nearly $81.2 million. The four-building, 496,723-square-foot park is 100% leased. The… Read more
The Keith Corp. Building 244K-SF Spec Warehouse
The Keith Corp. is planning to build a 244,000-square-foot industrial building in Mebane. The site is off Interstate 40-85 on… Read more
Stotan Planning $70M Wake County Warehouse Venture
Stotan Industrial is scoping out a site in Wake County to build an industrial park. The Triangle Business Journal reports… Read more
Big Lots Back in Business in SE USA
Last September, Big Lots declared bankruptcy and shuttered its stores, liquidating all its merchandise. Soon after, Variety Wholesalers, a discount… Read more
Carroll Companies Adding to Greensboro Skyline
Carroll Companies has started work on a new hotel and mixed-use project in downtown Greensboro. The hotel will be built… Read more
Work Underway on 20-Story Raleigh Tower
Kane Realty Corporation, in partnership with Mitsui Fudosan America (MFA), broke ground on The Strand, a 20-story mixed-use residential tower… Read more
