North Carolina
Jamestown Granted Approval for Major Addition to Birkdale Village
The $200 million plan to add significant new development to Birkdale Village has received a critical approval. The Charlotte Business… Read more
Raleigh Student Housing Project Trades for $44.35M
Timberline Real Estate Ventures bought The Wilde student apartments in Raleigh for $44.35 million. The seller, Cardinal Group, acquired the… Read more
Raleigh Tower Acquired by Highwoods
Highwoods Properties a publicly traded REIT, acquired Advance Auto Parts Tower, a 20-story highrise. Lionstone Investments, who developed the building… Read more
Rise48 Adds to Charlotte Portfolio
Arizona-based Rise48 is finding success in Raleigh. Less than a year after entering the market, the company made its third… Read more
AVR Spins Off Two Atlanta Hotels
AVR Realty and investor partner Dimension Hospitality unloaded two Marriott-branded hotels near Truist Park for $66 million. The sale includes… Read more
Data Center Supply Surges with AI and Digital Services Demand
North America’s data center sector doubled the amount of supply under construction in 2024 from the previous year to a record 6,350.1 megawatts… Read more
Northwood Ravin Delivers “Multiple Choice” Charlotte-Area Rental Units
Multifamily developer Northwood Ravin has something for everyone just outside Charlotte. The Lodges at Fort Mill, a 261-unit rental community… Read more
JLL Advises on $467M Sale-Leaseback of SouthState Banks
JLL has arranged the $467 million sale and leaseback of 165 retail bank branches across six southeastern states, occupied by… Read more
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