North Carolina
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
St. John Properties Building 175K-SF Wake Forest Mixed-Use Project
St. John Properties broke ground on Wake Forest Exchange, a 30-acre mixed-use business community in Wake Forest, North Carolina. On… Read more
NRP Planning 377-Unit Matthews Rental Community
After spending $3.5 million on a 15-acre site in Matthews, NRP says it will begin work on a 377-unit apartment… Read more
Industrial Developer Bullish on Raleigh-Area Warehouse Market
Wake Stone Property Company increased the size of its seventh and final building by 30 percent in its Hinton Oaks… Read more
Driftwood Capital Closes $1.2B Consolidation of 18-Hotel Portfolio
Driftwood Capital closed on a $1.2-billion portfolio consolidation involving 18 Hilton, Marriott and Margaritaville-branded hotels across 10 states. The 4,203-key… Read more
Data Center Operator Buys 946K-SF Greensboro Yarn Factory
Enovum Data Centers Corp. has bought a Greensboro yarn factory for $53.2 million. The 946,000-square-foot building at 805 Island Drive… Read more
Flournoy Building 4th Charlotte Rental Community
Flournoy Development Group has been greenlighted for a multifamily/commercial project at 2200 Electrolux Way in Charlotte. The Charlotte Business Journal… Read more
Lamar, Real Capital Pick Up 456K-SF Burlington Retail Center
Real Capital Solutions and Lamar Companies acquired Alamance Crossing, a 456,742-square-foot regional open-air lifestyle center in Burlington, NC. Alamance Crossing… Read more
Holly Springs Hoping to Cash In on Sports, Entertainment District Craze
Sports and entertainment districts adjacent to the sports facility are the norm for most professional sports teams. Now, developers are… Read more
3,700-Bed Student Housing Deal is Sector’s Largest Year-to-Date
Newmark arranged the sale of a five-property student housing portfolio comprising 1,248 units and 3,693 beds across Florida, Texas, Indiana… Read more
LM Pays $48M for Mooresville Warehouses
LM Real Estate Partners acquired Oates Crossing, a four-building industrial park in Mooresville, for $48 million. The purchase included 237,734… Read more
Prominent Cary Parcel On the Market
The Grace Christian School property in Cary is back on the market. The property became available when the school decided… Read more