North Carolina
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
PRP Acquires 265K-SF Fiber Optic Manufacturing Facility
PRP, a real estate investment management company headquartered in Washington, D.C., has acquired a Corning fiber optic manufacturing facility in… Read more
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