North Carolina
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
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