North Carolina
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
Developer Eyeing South End for 263-Unit Apartment Complex
Avery Hall is seeking Mecklenburg County approval for a 263-unit apartment project at 2801 S. Tryon St. in the South… Read more
Hurricanes Building $1B Sports and Entertainment District
The NHL Carolina Hurricanes have been granted approval by the Raleigh City Council to develop a sports and entertainment center… Read more
Developer Trio Proceeding with Brooklyn Village Affordable Apartments
BK Partners is moving ahead on its affordable housing project in Brooklyn Village in Charlotte. The Charlotte Business Journal reports… Read more
Winn Transforms Charlotte-Area Mill into Affordable Apartments
WinnCompanies completed its first-ever adaptive reuse project in North Carolina, a $36 million development that created 139 affordable apartments in… Read more
Brookfield Properties Takes On 349-Unit Charlotte Rental Community
Brookfield Properties acquired a Charlotte multifamily community, Beacon Hill, for $43 million. Completed in 1986, the 349-unit Beacon Hill apartments… Read more
Asana Adds to Tampa Portfolio
Asana Partners has purchased a Carrollwood retail center for $36 million. CPI Limited was the seller. The Tampa Bay Business… Read more
Dalfen Spins Off High Point Life Science Building
Starwood Property Trust purchased the 107,408-square-foot High Point Clinical Trial building at 4160 Mendenhall Oaks Parkway from Dalfen Industrial for $12.5 million.… Read more
5 Property, 652K-SF Industrial Portfolio Trades in Charlotte, Raleigh-Durham
LM Real Estate Partners has sold a five-building, 652,647-square-foot industrial portfolio in Charlotte and Raleigh-Durham to the Lightstone Group. Earlier… Read more