North Carolina
Rockpoint Snags Two Light Industrial Parks in North Carolina
Rockpoint, a Boston-based real estate private equity firm, said Monday it acquired six trophy-quality light industrial buildings in the Raleigh… Read more
Spectrum Bringing 267 Apartment Units to Trinity Park
The Spectrum Companies began construction on its latest multifamily community, Vara Trinity Park, providing 267 new residential units. The community,… Read more
Equus Acquires 19-Building Charlotte Warehouse Portfolio for $102M
Equus Capital paid $102 million for a 648,000 square foot industrial portfolio in Charlotte. The Greylyn Business Park, at 9535… Read more
EQT Divests Second Tranche of Industrial Portfolio to Ares Real Estate Fund
EQT said its EQT Real Estate Industrial Core-Plus Fund II has completed the sale of a 36-property, 7.3- million-square-foot portfolio… Read more
Pharma Giant Building $2 Billion Atlanta-Area Facility
Global biopharmaceutical giant UCB, Inc. is planning a $2 billion investment in Georgia to establish its first U.S. pharmaceutical biologics… Read more
Research Triangle Property Sells for $58.3M
An affiliate of TPG Real Estate Partners sold The Press, a 250,000 square foot industrial complex in Cary, NC, for… Read more
Capital Markets and Multifamily: A Q&A with Arcus Harbor’s Kristen Croxton
After a stagnant couple of years, capital has started to come off the sidelines to fund commercial real estate deals.… Read more
Portman Adding 330 Rental Units to Savona Mill Project
Portman Holdings is expanding its holdings at Savona Mill, an adaptive reuse project in Charlotte. In 2024, Portman delivered 319… Read more
Raleigh Highrise Hits the Market
World Wide Group is selling SkyHouse Raleigh, an apartment building across from Moore Square. The Triangle Business Journal reports World… Read more
Onetime Salisbury Ford Dealership Becoming Senior Housing
A number of government and non-profit agencies are collaborating on an inventive approach to housing. They are converting a shuttered… Read more
Eyeing Self-Driving Vehicles, Raleigh Developer Building $52M Automated Parking Lot
Capital City Urban Development will start construction of an underground parking facility that utilizes automated parking equipment. The Triangle Business… Read more
Tredway Takes on 16 Texas Rental Communities
Tredway closed on a $65.5 million 16-property portfolio across Texas, totaling more than 1,200 apartments. The transaction involves the acquisition… Read more
Alliance Secures Huntersville Site for 358-Unit Rental Community
Alliance Residential acquired a 20.4-acre site at 12420 Hambright Road in Huntersville from American Asset Corp. for $8 million. The… Read more
Aria Snags $53M Financing for Charlotte-Area Apartment Venture
Aria Communities obtained $42.7 million in construction financing and $10.2 million in preferred equity for Skyview at Aria, a 338-unit… Read more
Saks Fifth Avenue to Close Chicago Magnificent Mile Store
Chicago’s Saks Fifth Avenue store on the Magnificent Mile at 700 N Michigan Avenue is closing. The move to shutter… Read more
Trammell Crow Kicks Off Charlotte Foundry Redevelopment Project
Trammell Crow Co. pulled its first permit for a Charlotte mixed-use project featuring apartments, a hotel, office and retail at… Read more
Developer Picks Up Concord Site for 8-Building Industrial Park
McCraney Property Co. closed on the acquisition of 55 acres at 4518 Davidson Highway. The parcel sold for $5.45 million.… Read more
EastGroup Eyeing 1M-SF Frisco Industrial Venture
EastGroup Properties plans to build a 98-acre warehouse development along SH 121 received the blessing from the Frisco City Council.… Read more
Charlotte Developer Trio Breaks Ground on $67.1M Rec Center
Work began recently on Eastland Sports Campus, a 29-acre, 100,000-square-foot indoor sports center with space for 10 full-size basketball courts,… Read more