North Carolina
Decades-Old Charlotte Mill Recast as Office, Retail, Housing Project
Developers are finding that hundred-year-old flour mills and textile factories are too tough to die. A nationwide trend to renovate… Read more
Samet Chosen to Manage 1,100 Acre NC Mixed-Use Project
RXR, the master planner of Veridea, the 1,100-acre mixed-use development in Apex, N.C., has announced that Samet Corporation will manage construction… Read more
Novant Pays $2.4B for 3 S. Carolina Hospitals
Novant has signed an agreement to purchase three South Carolina hospitals and associated physician practices and other related operations from… Read more
Lendlease, IHG Building NC Army Base Hotel
Lendlease and IHG Army Hotels have broken ground on a 207-room Candlewood Suites hotel at Fort Liberty (formerly Fort Bragg),… Read more
Austin Leads U.S. for STEM Job Growth; Denver and DC in Top Five
Austin, Denver, Seattle, Raleigh and Washington, DC are the top markets for momentum in STEM jobs growth, according to RCLCO Real Estate Consulting,… Read more
Tanger Buys Asheville Outlets
Tanger has acquired Asheville Outlets, a 382,000-square-foot open-air shopping center, for $70 million. Originally built in the late 1980s as… Read more
Winston-Salem Hospital Gets State Approval for Addition
Atrium Hospital Winston Salem Baptist (AHWFB) has begun site preparation work for an ambulatory surgery center – a project that… Read more
Charlotte’s Lower Tuck Filling Up Fast
The bet on the Lower Tuck development has paid off. Third & Urban has spent $140 million to redevelop six… Read more
Shelby Seeking Takers for Historic Hotel Site
Century-old brick buildings are the rage. Numerous developers and towns are doing what they can to rehabilitate and re-establish the… Read more
Report: An Increase in Multifamily Underwriting
Higher interest rates, sidelined capital and economic uncertainty have put a crimp in commercial real estate deals. Despite this, data… Read more
Century-Old Charlotte Mill Reopens as Mixed-Use Project
A renovated 100+ year old Charlotte textile mill is ready for tenants. The $70 million revamp of the Savona Mill… Read more
Charlotte Office Building Trades at Steep Loss
AEW Capital Management bought Three Water Ridge in Charlotte for $35 million in 2016. They recently sold the 107,545-square-foot asset… Read more
Leasing Veteran Drew Netherton Joins Cresa in OC
Drew Netherton has joined Cresa as a principal with its Orange County office. An industry veteran and native of Southern California,… Read more
Red Oak Capital Holdings Adds Finance Experts in Southwest, Northeast
Charlotte-based Red Oak Capital Holdings, LLC has added two seasoned finance experts to its growing team. The company has brought on Will… Read more
Onetime Charlotte-Area Cigarette Plant Site Attracting Multiple Users
The Carolinas are littered with abandoned cigarette manufacturing plants. One of those sites, a former Philip Morris plant outside Charlotte,… Read more
Carowinds Owner, 6 Flags Merge, to Make Charlotte HQ
Cedar Fair, the owner of Carowinds and Schlitterbahn amusement parks, has merged with Six Flags Entertainment. The new company will… Read more
Karis Cold Eyes Opening of Spec Charlotte Facility
Karis Cold is speculatively developing a 277,785-square-foot cold-storage facility in Rock Hill off Lazy Hawk Road. The $80 million project… Read more
Toyota Makes 3rd Addition to N. Carolina EV Battery Plant
Toyota announced a new investment of nearly $8 billion that will add approximately 3,000 jobs at Toyota Battery Manufacturing North… Read more