North Carolina
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
Investor Group Building Concord 750K-SF Spec Business Park
Greenberg Gibbons Properties (GGP) is working with Tribek on a 750,000-square-foot industrial park off Pitts School Road in Concord. The… Read more
Boston Financial Closes LIHTC Fund at $170M
Boston Financial, reportedly the largest syndicator of U.S. Low-Income Housing Tax Credits, has closed Boston Financial Institutional Tax Credits 60… Read more
Cary Mall Owners Moving Ahead on Transformation
South Hills Mall will finally get its new look. Three years after spending $38.4 million to buy the mall in Cary,… Read more
Atrium Health Building $163M Greensboro MOB
Atrium Health Wake Forest Baptist (AHWFB) is kicking off a Greensboro medical campus by building a $163 million medical office… Read more
Crosland Helming Publix-Anchored Mixed-Use Project
A Publix supermarket will anchor a 30-acre Durham mixed-use development that will feature 176 for-sale townhouse units, a 10-acre retail… Read more
Lake Norman Rental Asset Trades for $76M
Blue Heron Asset Management acquired a Lake Norman apartment complex for $76 million. RL West and Langtree Development were the… Read more
Construction Underway on New $206M Raleigh City Hall
Work is heating up at the site for the East Civic Tower, the new city hall complex at the corner of… Read more
Crescent Moving Forward on 31-Story Charlotte Tower
Crescent Communities is hoping to get final approvals from Mecklenburg County to build a 31- story high-rise at 1102 S.… Read more
Pinnacle Partners Raises $90M for Multi-Asset Opportunity Zone Fund
Real Estate investment management firm Pinnacle Partners announced the closure of its twelfth Qualified Opportunity Zone Fund (QOF), securing $90… Read more
Development Team Revamping Historic Charlotte-Area Hotel
The developers behind the Empire Hotel are embarking on a $25 million remake of the building. The project calls for… Read more
Brookhill Village Developers Looking at Mixed-Use Project
A development team of Griffin Brothers Property Services and Quore Real Estate Advisors is trying to get the city of… Read more
Winston-Salem Food Distribution Building Flips for $23.5M
Fresh-food distributor, Foster, has purchased a distribution warehouse in Winston-Salem. Food company Purple Crow sold the 157,878 square foot building… Read more
JV Procures $134M Refi on Raleigh Mixed-Use Project
Barings provided a $134 million loan to refinance the existing loan on Smoky Hollow in Raleigh. The mixed-use development was… Read more