North Carolina
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
Greenberg Gibbons Launches Fund Targeting $300M in Acquisitions
Greenberg Gibbons has launched its second private equity real estate fund, targeting $300 million in retail shopping center acquisitions across… Read more
Asana Starts Transformation of Former Duke Energy HQ
Asana Partners, MRP Realty and Rockefeller Group completed the necessary demolition of the former Duke Energy facility. Headquarters at 526 S.… Read more
Renovations Underway on Discounted Charlotte Office Tower
Highland Ventures is updating a building that recently sold at a discount. The Charlotte Business Journal reports the company paid… Read more
Ginkgo Acquires 483-Unit Greensboro Rental Property
Ginkgo Residential paid nearly $39 million for Edgewater Village, a Greensboro apartment complex at 5509 Weslo Willow Drive, for $38.75… Read more
Madison Capital Obtains $223M Bridge Loan for 5 SE USA Apartments
Madison Capital Group inked a $223 million bridge loan for five multifamily communities in the Carolinas and Florida. Walker &… Read more
Greystar Opens Doors to 402-Unit Huntersville Rental Community
Greystar has opened the remaining units of Archer Eastfield Station, a 402-unit apartment complex at 6615 Cerris Drive in Huntersville. Construction… Read more
Converted Belmont Mill Trades for $55.5M
Harbor Group International purchased Chronicle Mill at 96 Catawba St. in Belmont from Armada Hoffler Realty Trust (AH). The Charlotte… Read more
ARCTRUST Acquires Seven Triple-Net Properties for DST Offering
ARCTRUST Private Capital acquired a seven-property, single-tenant net lease portfolio comprised of two Pinnacle Bank locations, three CVS Pharmacy locations and two… Read more
South Street Acquires 249-Room Miami-Area Hotel
South Street Partners acquired Solé Miami, located in Sunny Isles Beach, Florida. Mast Capital was the seller. Berkadia’s Christian Charre… Read more
Amwins Starts Work on 250K-SF Charlotte HQ
Amwins is building a 15-story, 250,000-square-foot office tower at the former Sharon Station site, located at 4415 Sharon Road. It… Read more
Belgravia Converting Former Wake Forest Classrooms to Mixed-Use Project
Belgravia Management has chosen developer Revival Partners to convert 200 North College, a five-story, 458,169-square-foot building at 200 N. College… Read more
Red Oak Adds Key Executive to Charlotte Office
Red Oak Capital Holdings has brought on Jeff Pirhalla as Managing Director, Production. Based in the firm’s Charlotte headquarters, he… Read more
CenterSquare Acquires Four Retail Centers Across the Country
Conshohocken, Pennsylvania-based CenterSquare has acquired four retail properties, adding to the firm’s essential service retail portfolio. The latest additions bring… Read more
Finmarc Offloads Raleigh Shopping Center for $80.6M
Principal Financial Group paid $80.6 million for a 383,000 square foot Raleigh shopping center. Finmarc Management was the seller. Finmarc… Read more
CenterSquare Picks Up Three SW Retail Centers
CenterSquare has added to its Essential Service Retail (ESR) Portfolio. The retail investor picked up three retail centers in the… Read more
Blue Ridge Offloads 384-Unit Jax Apartment Community
Blue Ridge sold the Reserve at Jacksonville Commons apartment complex in Jacksonville for $54 million. The buyer was Southwood Realty.… Read more
Evolve Obtains Construction Loan for 210-Unit Burlington Rental Community
Northmarq Debt + Equity team led by Chris Hammel arranged the $38 million new construction financing for Evolve Crossing, a 210-unit, Class A… Read more