North Carolina
Former Duke Energy HQ Transforming to Apartments
MRP Realty, Asana Partners and the Rockefeller Group announced the first joint venture between their firms and the final close of funding… Read more
Crescent, GTIS Teaming Up on Charlotte Warehouses
Crescent Communities and GTIS Partners are working together on an industrial project planned in Huntersville. The local planning board is… Read more
Bob’s Discount Furniture to Take Over 6 NC Bed, Bath & Beyond Locations
Filling up the 900 shuttered Bed, Bath and Beyond stores will take some time. One retailer is doing its best… Read more
Taylor Morrison Picks Up Fully Permitted 162-Acre Lake Wylie Property
Homebuilder Taylor Morrison paid $58 million for lakefront property outside of Charlotte. Taylor Morrison says it will deliver a mix… Read more
63-Parcel Durham Assemblage to Become Rental Community
A group of property owners is working together on a 402-unit apartment community in Durham. The property, off Hoover Road… Read more
Belk Adding Outlet Concept to NC Stores
Belk is incorporating its outlet concept in two of its North Carolina stores. The Charlotte-based retailer will bring that concept… Read more
BWE Secures $20M to Finance Retail Centers in Chicago, Asheville
BWE has secured $20 million in financing for two retail centers, Mayfair Plaza, located in Chicago, and River Ridge Marketplace,… Read more
Posh Raleigh Seniors Facility Opens Doors
Liberty Senior Living’s high-end senior living complex is taking residents. The Triangle Business Journal reports that the 5-story complex in… Read more
8-Story High Point Office Building Converting to Apartments
Echelon Resources Inc. and LBD Investments are taking over Showplace West/One Plaza Centerin High Point, North Carolina to redevelop it… Read more
QuadReal, T5 Target $8B Data Center Platform
QuadReal Property Group and T5 Data Centers said Wednesday they had expanded their six-year partnership to fund its next phase… Read more
Peak Construction Expands into Connecticut
Illinois-based Peak Construction Corporation has received its general contractor’s license in the state of Connecticut. The licensure grows the company’s… Read more
Barings to Acquire Artemis Real Estate Partners
Investment manager Barings has agreed to acquire Artemis Real Estate Partners, a real estate investment firm with $11 billion-plus of… Read more
Dominion Pares Back Raleigh Highrise Plans
Dominion Realty Partners of Raleigh has submitted plans for the first phase of its Salisbury Square project, which is across… Read more
Atlanta Preferred by CRE Investors
A recent survey of commercial real estate investors ranked Atlanta as a top 10 target among U.S. metros. The market… Read more
Chicago/Midwest People & Company News, week of February 14, 2025
Newmark has hired Keely Polczynski, a respected retail investment sales professional with more than 20 years of experience, to its… Read more
Phoenix Ranks 10th in Investor Survey
A recent survey of commercial real estate investors ranked Phoenix as a top 10 target among U.S. metros. Phoenix slipped… Read more
Barclay Group Delivers 6 Arizona Fry’s Stores
Over the last fifteen months, Barclay Group has delivered six Arizona Kroger-anchored shopping centers, and two more will open later… Read more
Pfizer Unloads Durham R&D Facility
Pfizer sold its flex building at the Imperial Center in Durham to Lightstone Group for $41.1 million. The property is… Read more