North Carolina
Purina Opens $450M NC Plant
Nestle Purina has opened its 300-worker, $450 million dry pet food factory in the former Miller-Coors brewery. It’s in Eden,… Read more
Grubb Adding Phase II to Charlotte Multifamily Project
Thorofare Capital and Pearlmark combined to raise $40 million in financing so Grubb Properties could build out Link NoDa Phase… Read more
NorthPoint Ushers In Next Phase of $370M Gastonia Business Park
By the time the dust settles, NorthPoint believes it will invest $370 Million in its Gateway85 project in Gastonia, about… Read more
Boston Tied for Lowest Retail Vacancy with Miami, Raleigh
The Boston retail real estate market is tightening, with a 2.9% vacancy rate, matching Miami and Raleigh for the lowest… Read more
Statesville Moves on Mixed-Use Project
Statesville City Council has given initial approval to a Huntersville developer’s plans for a large mixed-use project. The town, about… Read more
Q&A with SIOR Global President and Colliers’ David Lockwood: The Future of Industrial
Connect CRE recently hosted our Connect Industrial Midwest 2024, which gathered leaders from across the industrial real estate spectrum to… Read more
Pappas Properties Green Lighted for Charlotte Venture
Pappas Properties received approval from the Charlotte City Council to move ahead on Phase III of its mixed-use project on… Read more
German Pharma Supplier Building $371M NC Plant
German syringe maker Schott Pharma is going ahead with a $371 million manufacturing plant in Wilson, North Carolina, 50 miles… Read more
Providence Group Sees Strong Retail Momentum
Charlotte-based The Providence Group executed 22 retail transactions totaling more than 250,000 square feet in more than 20 markets across… Read more
Daniel Corp. to Move on Charlotte Multifamily Property
Daniel Corp. has acquired two parcels at 306 N. Graham St. and 420 W. Sixth St. in Uptown Charlotte that… Read more
Hilton Acquires Graduate Hotels for $210M
Hilton has announced the acquisition of the Graduate Hotels brand from Adventurous Journeys Capital Partners (“AJ Capital”) for $210 million.… Read more
Yale Picks Concord Retail Center for $49M
Yale Realty Services Corp. has acquired a nearly 300,000 square foot retail center in Concord. The company paid $49.25 million… Read more
W&D Arranges $108M for Four-Property Office Portfolio
Walker & Dunlop has orchestrated a $108 million financing deal for the equity recapitalization of a four-property office portfolio across… Read more
Atrium Health Confirms Open Date for N. Charlotte Medical Complex
Atrium Health is installing equipment into its new hospital in Cornelius and expects to begin accepting patients summer of 2025.… Read more
Equus Spends $124M on NC Industrial Portfolio
Equus Capital Partners acquired a nine-building portfolio near Charlotte and Greensboro for $124 million through a sponsored value-add fund called… Read more
Nordstrom to Open More than 20 New Rack Stores in 2024
Nordstrom plans to open 22 new Rack stores this year, focusing on solely growing its discount Rack department stores as… Read more
Work to Begin on $100M, 2.6M SF Rowan County Business Park
Red Rock Developments has put off building a six-building, 2.6 million square business park in Rowan County, blaming market conditions.… Read more
Pfizer Abandons $350M Plant in Everett After Seagen Acquisition
New York City-based pharmaceutical giant Pfizer Inc. has stopped its $350 million manufacturing plant project in Everett, marking a pivot… Read more
Life Time Building Raleigh Fitness Facility, Residential Tower
It’s the seventh time Life Time has blended the concept of a high-end fitness facility and a residential rental community.… Read more