North Carolina
Commercial Real Estate is . . . People
When seeking out the best commercial real estate opportunities, investors examine many factors. These include pro formas, supply, market and… Read more
Residential Rents Post 11th Consecutive Monthly Decline
Rents for residential units fell again in June, with especially large declines in the South, where there’s been an influx… Read more
Childress Klein Seeks Zoning for Charlotte Mixed-Use Project
Childress Klein is asking the city of Charlotte to rezone a 213,000 square foot office property at 2101 Rexford Road so… Read more
Affordable Housing Venture Opens in Charlotte
The Paces Foundation and Soho Housing Partners opened The Legacy at Carr Heights Senior Apartments, a 120-unit affordable senior housing… Read more
Raleigh Mixed-Use Highrise to Open in Early 2025
Capital Square will open its 20-story mixed-use building at the corner of Dawson and Lenoir streets near Red Hat Amphitheater in February… Read more
Charlotte Mixed-Use Project to Feature Sprouts as Anchor
A Sprouts Farmers Market Inc. will soon open at the base of a 383-unit apartment complex in Charlotte. The project… Read more
Fresh Market Expands Metro DC Presence with Two New Locations
Speciality food retailer The Fresh Market, Inc. is expanding within the metro Washington, DC market. Earlier this month, the Greensboro-based retailer… Read more
Standard Acquires Shelby Affordable Community
Standard Communities headed a group of partners that picked up a 100% affordable multifamily project in Shelby, NC. The company… Read more
Vista Building 277-Unit Holly Springs Project
Vista Residential Partners has broken ground on 11.7 acres on the corner of N. Main Street and Holly Springs Road… Read more
Developer Duo Begins Redevelopment of Former Duke Energy Building
The former Duke Energy building in downtown Charlotte is going down. It needs to be demolished so Asana Partners and… Read more
U.S. Multifamily Permits Down Nearly 30% from Pandemic Levels
Builders obtained permits to construct 13 multifamily housing units for every 10,000 people in the U.S. year to date, down… Read more
Fairfield Expanding Charlotte Apartment Portfolio
Fairfield Residential, along with Griffin Capital, started building 2300 North Tryon, a 307-unit, five-story apartment community north of uptown Charlotte.… Read more
Peak Construction Corporation Expands into Mississippi
Peak Construction Corporation has announced its recent expansion into Mississippi as Peak Construction Corporation of Illinois. This expansion marks the… Read more
Healthcare Realty Trust Spins Off Two Durham MOBs
Healthcare Realty Trust sold two Durham area medical office buildings for a combined $20 million. AW Property acquired both properties:… Read more
Foundry Converting Ft. Mill Office to Industrial
Foundry Commercial has acquired a two-building, 338,301-square-foot office campus in Fort Mill, South Carolina. The company purchased the campus for… Read more
Rise48 Equity Enters Charlotte Market with Two Acquisitions
Rise48 Equity acquired two Charlotte rental communities, the W Flats Apartments (247 units) and Matthews Pointe Apartments (100 units). Both… Read more
Spruce Properties Partners with New Urban Residential on MF Investment
Spruce Properties and New Urban Residential have announced a partnership to enhance value for investors at their existing properties and… Read more
Air Liquide Building $850M Baytown Facility
France-based Air Liquide Group is building four large, modular air-separation units at the Exxon Mobil facility in Baytown. The company… Read more
