North Carolina
$45M Greensboro Park Deck to Serve Downtown Users, Hotel
The new February One Park Deck, at 110 S. Davie St., is now open and accepting hourly and monthly parkers.… Read more
Work Underway on Charlotte Mixed-Age, Mixed-Income Apartments
Multifamily residential developer Laurel Street started work on Springhouse Square, a new mixed-income, multi-generational apartment development located at 3800 Shamrock… Read more
$700M NC Tribal Casino Begins Construction
The Catawba Nation will break ground on a new $700 million casino complex, Two Kings Casino Resort, in Kings Mountain,… Read more
B of A Consolidating in Charlotte
Bank of America Corp is leaving its space in Fifth Third Center at 201 N. Tryon St., where it occupies… Read more
Managing Climate-Change Insurance Costs
It’s not exactly news that the United States (or the world) has been in the grip of climate-change-driven weather hazards.… Read more
The Ongoing Evolution of American Cities
Consider Manhattan. Once a quaint Dutch village, the city today boasts mile after mile of high-rise buildings, crowded streets and… Read more
Ross Corrals $45M in Government Aid for NC Distribution Center
Ross Dress for Less has been assured $45 million in government incentives should it build a 1.7 million-square-foot distribution center… Read more
KBS Scores Refi for 500K-SF Charlotte Business Park
KBS has secured a $38 million loan to refinance Crossroads Distribution Center, a four-building, 496,723-square-foot industrial property in Charlotte, North Carolina.… Read more
Former Charlotte Tire Plant Sells for $97M
LM Real Estate Partners has acquired Premier Distribution Center, an almost 1.4 million-square-foot industrial facility in Charlotte, N.C., for $97… Read more
Wigeon Capital Sells 3 Raleigh-Area Warehouses for $47M
Wigeon Capital has sold Greenfield 27, a three-building, 260,000-square-foot Class A industrial park in Garner, N.C., for a combined $47.3… Read more
Charlotte’s Trinity Partners Buys Atlanta’s APG Real Estate Services
Trinity Partners, a full-service commercial real estate firm headquartered in Charlotte, North Carolina, is establishing operations in Atlanta with the acquisition… Read more
Charlotte BTR Units Convert to Platted Homes
Tower Capital helped arrange a $19 million loan to refinance 99 townhomes developed in the first phase of Poplin Glen,… Read more
Wake County ABC Pays $27.5M for New Warehouse
The Wake County Board of Alcoholic Beverage Control (ABC) has purchased an industrial building in Garner at 600 S. Greenfield… Read more
$100M Driving Resort Planned for Robbins
A company called Autoport is under contract to purchase a 400-acre timber tract owned by Jordan Lumber where it plans to… Read more
KHP Likely to Convert 100-Year-Old Charlotte Office to Hotel
KHP Capital Partners has purchased a historic Charlotte building. The company paid $19.3 million for The Johnston Building, a 100-year-old… Read more
Report: Five Lab Sector Trends Point to Opportunity
Life sciences real estate has struggled in recent years due to falling demand, increased deliveries of space and a decline… Read more
Fortune Holdings Acquires 3 Class-C Charlotte Apartment Projects
Fortune Holdings has picked up three Class C multifamily properties in West Charlotte. Fortune paid $49.6 million for the group.… Read more
John Deere Spending $70M on Kernersville Upgrade
John Deere will invest about $70 million to build a new 380,000-square-foot factory in Kernersville, an expansion of its John… Read more
Eastgroup Pays $54M for Durham Warehouse
Publicly traded Eastgroup Properties (NYSE: TPX) announced it purchased a 275,000-square-foot newly constructed industrial property just outside Raleigh for approximately… Read more