North Carolina
Skanska Creates New Mid-Atlantic Region to Focus on Key Markets
Skanska has created a new Mid-Atlantic Region to enhance its building operations in four important markets: Washington D.C., Maryland, Virginia… Read more
NMHC Applauds Creation of Bipartisan Congressional YIMBY Caucus
A bipartisan group of lawmakers in the U.S. House of Representatives has launched the Congressional Yes In My Back Yard… Read more
Concord Apartments, Retail Okayed by Town Council
Besides approving the project which will permit Hood Ventures to build a 210-unit multifamily community, the Concord City Council approved… Read more
First Project Completed at Former Eastland Mall Site
The old Eastland Mall is now called Eastland Yards, and the developer, Crosland Southeast, has delivered its first project. Evoke… Read more
Duke Health Building $235M Cary Medical Campus Expansion
Eight years ago Duke Health began acquiring land to build out the campus in Cary. In 2022, the health system opened its… Read more
Waxhaw Mixed-Use Project Attracts Anchor Tenant
The Shops at Prescot Village is an 83,000-square-foot neighborhood shopping center in Waxhaw. The Widewaters Group is developing the 100-acre,… Read more
Fallon Company Breaks Ground on $100M Charlotte Apartments
The Fallon Company started work on The Colwick, a $100 million, 234-unit multifamily rental project at Colwick and Chiswick roads in Charlotte.… Read more
Investor Fund to Focus on Sunbelt Self-Storage Deals
Madison Capital Group launched the Go Store It Opportunity Fund, LP, a $250 million self-storage investment initiative aimed at acquiring… Read more
Chicago/Midwest People & Company News, week of November 15, 2024
The Opus Group announced the promotions of Paul Robertson and Mike Robinson to vice president of real estate development in… Read more
$260M Secured for MF Portfolio with Portland Property
BWE has secured a $260 million loan to refinance a portfolio of six multifamily properties, including the Victory Flats apartment… Read more
AW Spends $55.2M on 9-Property NC Medical Portfolio
AW Properties obtained $55.2 million in financing for a nine-property medical portfolio totaling 297,500 square feet in Burlington, Durham and… Read more
Charlotte Office Complex Trades for $328.5M
Cousins Properties purchased Vantage South End, a 639,000-square-foot office complex in Charlotte, for $328.5 million. The sellers were Invesco Real… Read more
Microsoft Buys Person County Megasite
Microsoft acquired the 1,350-acre Person County Mega Park. The company paid nearly $27 million for land which the county has been… Read more
MAA Sells Charlotte Apartments for $41.8M
MAA sold the 216-unit South Tryon Apartments in Charlotte for $41.8 million. The buyer was McDowell Properties. Northmarq’s team of … Read more
Hospitality Bears the Brunt of Hurricane Helene’s Devastation
Hurricane Helene made landfall in Florida’s Big Bend area as a category 4 storm on Sept. 26, 2024. But the… Read more
255 Big Lots Leases Come to Market
A&G Real Estate Partners is now accepting bids on 255 Big Lots store leases nationwide as part of the retailer’s… Read more