North Carolina
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
Charlotte Retail Center Lands Target
The CrossRidge Center is expected to include 270,000 square feet of retail space along US 521 and Dobys Bridge Road.… Read more
BWE Lands $32M for Two Shopping Centers
BWE, a national commercial and multifamily mortgage banking company, has secured financing for two retail centers: Morganton Park South Phase… Read more
Vertical Cold Storage Picks Second DFW Facility
A subsidiary of Platform Ventures has acquired a 400,000-square-foot cold storage facility in Burleson. The Dallas Business Journal reports the… Read more
Drug Maker Chooses Sanford for $200M Plant
Kyowa Kirin, a Japanese life sciences company, has selected Sanford, North Carolina, for its new pharmaceutical manufacturing complex. The $200… Read more
Luxury Medspa Opening Newest Location in Indiana
A new luxury wellness and skin rejuvenation center is slated to open in Indiana, serving Granger and neighboring communities in… Read more
Affinius Capital Originates $150M Loan for 1.8M-SF Industrial Portfolio
Affinius Capital LLC has originated a $150 million loan on a cross-collateralized industrial portfolio consisting of six Class A assets… Read more
GXP Building $80M Nash County Life Sciences Campus
GXP-Storage is developing an $80 million, 30-acre campus in Middlesex Corporate Centre that it plans to use as its international… Read more
Madison Lands $80M Construction Loan for LoSo Project
Madison Communities secured an $80 million construction loan for its latest project, a 320-unit multifamily community in the Lower South… Read more
16 Pickleball Courts Slated for Cornelius
The Pickleball craze shows no sign of abating. The Serve Pickleball + Kitchen is seeking rezoning approval for a $15-plus… Read more
CRE Firm Franklin Street Opens Austin Office
Franklin Street, a Tampa-based commercial real estate brokerage, has opened a regional headquarters office in Austin as the firm’s Texas… Read more
Moxy Coming to Raleigh
Vision Hospitality has purchased a quarter-acre lot in Raleigh’s Glenwood South in order to build a Moxy hotel. The Triangle… Read more
Sanford Picked for $200M Pharma Project
A lot is known about the requirements of a Japanese life sciences project slated for Sanford, NC. Besides the expected… Read more
Core Spaces to Add 4,000 BTR Units in Six Markets
Core Spaces has announced the continued growth of Oxenfree, the company’s Build-to-Rent (BTR) brand. Chicago-based Core has a portfolio of… Read more
Elmwood Corrals Last Parcel for Raleigh Rental Project
Elmwood Development has completed its assemblage of Downtown Raleigh lots, and now it can get moving on a 12-story building.… Read more