North Carolina
Mission Properties Adding 247 Apartment Units, Retail to Charlotte-Area Portfolio
Mission Properties purchased a 19-acre parcel in Huntersville to build an apartment complex and 40,000 square feet of retail. The… Read more
Merritt Properties Secures $750M Investment Led by Centerbridge
Merritt Properties announced a $750 million strategic investment led by global investment firm Centerbridge Partners, L.P. This includes dedicated growth… Read more
Front Street Developing $250M Winston-Salem Mixed-Use Project
Front Street Capital, along with Carter, is developing The Grounds, a $250 million project in Winston-Salem. The Triad Business Journal… Read more
DLC Pays $36.6M for Charlotte Retail Center
DLC Management paid $36.6 million for Perimeter Woods, a 127,000 square foot retail center across from Northlake Mall in Charlotte.… Read more
Buc-ee’s Reveals Locations of Five New SE USA Stores
Since soccer tourists started arriving in the US from countries with World Cup teams, Buc-ee’s has become a social media phenomenon.… Read more
Atrium Health Opens $163M Greensboro MOB
Atrium Health Wake Forest Baptist (AHWFB) opened Medical Plaza Northwest Greensboro, at 2909 Horse Pen Creek Road. The $163 million,… Read more
Developer Buys Land Near Charlotte Transit Station, Apartments on Way
Arlington Properties acquired land at 7220 N. Tryon St. for $9 million. McKinney Holdings was the seller. The Charlotte Business… Read more
Fallon Co. Kicks Off $500M Charlotte Project
The Fallon Co. has broken ground on phase one of its mixed-use development called Centre South. The Charlotte Business Journal… Read more
Lowes Foods Tapped to Anchor Mooresville Development
Construction on a 52,000-square-foot Lowes Foods store is expected this fall. The store will anchor Pappas Properties‘ master planned community… Read more
Two Salisbury Non-Profit Developers to Helm Mill-to-Housing Conversion
Two non-profit housing developers have been greenlit by the city of Salisbury to convert a former textile mill into affordable… Read more
Stonemont Taps Arman Fashandi as Vice President of Corporate Services
Stonemont, an Atlanta-based investment firm specializing in industrial real estate, has hired Arman Fashandi as vice president of corporate services,… Read more
Work Begins on First NC Buc-ee’s
Town leaders often don’t come out for the groundbreaking of a convenience store or gas station, but if it’s a… Read more
South Street Partners Acquires Its First Tri-State Resort in Western NJ
South Street Partners, a private equity real estate investment firm headquartered in Charlotte, NC and Charleston, SC, acquired Crystal Springs… Read more
Alterra IOS Secures $244M Financing from Blackstone for Industrial Outdoor Storage
Alterra IOS announced the closing of a $244 million loan from Blackstone Real Estate Debt Strategies. The initial funding was… Read more
Novant Building $300M Rock Hill Medical Campus
The City of Rock Hill sold a parcel to Novant Health so it can build a $300 million medical campus.… Read more
Flournoy Acquires Charlotte Parcel, 351-Unit Rental Community on Way
Cousins is foregoing its plans to build a 17-story office highrise and a 19-story apartment building at West Tremont and… Read more
Office-Using Job Growth Shifts to Southern and Western Metro Areas
U.S. office-using job growth has shifted south and west, Avison Young reported. Austin leads all major metro areas, up approximately… Read more