North Carolina
Shea Homes’ Peter Shea Passes Away, Age 88
Peter Owens Shea passed away at his Newport beach home on Oct. 23 after a long battle with Parkinson’s disease.… Read more
$18M Food Court Debuts in Charlotte
The developers say there is something for everyone. The Charlotte Observer reports the developer, Crescent Communities, will open the Monarch… Read more
Friedlam Lands Two More Charlotte Rental Properties
European Investment Management Corp sold the two communities for $34 million. The 172-unit Jade Charlotte and the 120-unit Slate Charlotte… Read more
Coworking Space Q3: Continued Demand, Consistent Supply
The nationwide coworking space inventory stabilized in Q3 2023, following an impressive 10% growth between this year’s first and second… Read more
$460M Charlotte Pipe Factory Open Doors
After decades of planning, Charlotte Pipe and Foundry has finally opened the doors of its new plant. The factory represented… Read more
Raleigh-Area BTR Project Bought Before Completion
An under-construction 172-unit Raleigh-area build-to-rent community has been bought by joint venture partners Barings and Foulger Pratt. The partners purchased… Read more
Thorofare Capital Adds Three Execs Nationwide
Thorofare Capital, Inc., an affiliate of asset management platform Collidine Group, LLC, has added three senior investment professionals to its Charlotte,… Read more
TA Realty Pays $105M for Cary Apartments
TA Realty has laid out $105 million for a Cary apartment complex. The company spent $329,000 a unit for Novel… Read more
Dominion Gearing Up for 270-Unit Charlotte Apartment Project
Dominion Realty Partners is ready to get moving on the Perimeter Pointe Apartments, a 270-unit project in Charlotte. The developer… Read more
Providence Group Inks Six Retail Lease Deals
The Providence Group, a Charlotte-based boutique retail real estate brokerage firm, executed six retail transactions totaling more than 72,000 square… Read more
Blue Ridge Buys $105M Triad-Region Industrial Portfolio
Blue Ridge Industrial has bought a batch of area industrial properties from Dogwood Propco. The Triad Business Journal reports they… Read more
Charlotte City Council OKs Three Rental Communities
Homebuilder NVR Inc. recently received zoning from the Charlotte City Council for 319 for-sale homes and 330 multifamily rental units.… Read more
Trinity Capital Spins Off Charlotte-Area Logistics Park
Trinity Capital Advisors has sold Interchange Logistics Park, a 224,979-square-foot industrial building in Huntersville, to Clarion Partners. The building was… Read more
Raleigh-Area Office Sells at Auction
Sometimes, good intentions are not enough in this challenging lending environment. Despite transforming a building into a Class A office… Read more
$200M Charlotte Plastics Plant Opens Doors
Ipex announced the opening of its $200 million, 200,000-square-foot manufacturing facility in Pineville. The facility is at 10320 Rodney St.… Read more
St. John Properties Moving Ahead on Wake Forest Mixed-Use Project
St. John Properties has acquired a 30-acre site in Wake Forest, North Carolina with intentions to develop Wake Forest Exchange,… Read more
BPR Planning Charlotte Hotel Project
BPR is awaiting approval from the Charlotte City Council to build a $25 million, 139-room Residence Inn. The four-story, extended-stay… Read more
Raleigh Senior Living Center to Undergo $385M Makeover
PruittHealth is redoing and expanding The Oaks at Whitaker Glen – Mayview, an independent living and skilled nursing facility on… Read more
