North Carolina
Arden Group, Arcapita Target $2B of Acquisitions with Industrial JV
Bahrain-based Arcapita Group Holdings and Philadelphia-based Arden Group have formed a joint venture to acquire multi-tenant industrial properties in urban centers across major… Read more
Marcus & Millichap Arranges $2M Sale of Net-Leased Childcare Facility in Virginia Beach
Marcus & Millichap has arranged the sale of Childtime Learning Center, a 42,689-square-foot net-leased childcare property located in Virginia Beach,… Read more
Middleburg Communities Sells Wilmington, NC, Multifamily for $64M
Vienna, VA-based Middleburg Communities has sold Mosby at Riverlights, a 250-unit Class A apartment community in Wilmington, NC, for $63.8… Read more
Tech Sector Leads Rebound in U.S. Office Demand
The tech industry led a rebound in U.S. office-leasing activity in 2021, fueled by increased hiring and demand for tech… Read more
Blue Heron Sells Raleigh-Durham Apartments for Company Record of $122M
Blue Heron Real Estate Opportunity Fund III has closed on the sale of the Indigo Apartments, a 489-unit, 2005-built multifamily… Read more
Colliers Secures 20K-SF Lease Renewal For Law Firm Client in Columbia
Colliers has assisted law firm Gallivan White & Boyd complete a long-term renewal of their 19,765-square-foot office space in Columbia,… Read more
NC Car Wash Buyers Clean Up with $5M Purchase and 6.40% Cap Rate
Matthews Real Estate Investment Services has brokered the sale of a Caliber Car Wash in Wilmington, NC, for $5,108,140. The… Read more
Velocis Anticipates Growth with San Antonio, Nashville Buys
Velocis recently purchased two multifamily assets, Highline, a 208-unit multifamily community in San Antonio, and Station 40, a 246-unit multifamily… Read more
NC Triad Posts Positive Q3 Office Stats Despite Overall Cooling
Mirroring the national trend, rent growth in the North Carolina Triad (Burlington, Greensboro, and Winston-Salem) has cooled since the onset… Read more
Mohr Hires Carson Horn to Increase Industrial Focus
Mohr Capital continues to increase its focus on speculative and build-to-suit industrial development, welcoming analyst Carson Horn to its recently… Read more
Swinerton Office Building in Charlotte Reflects Regional Commitment
Swinerton has secured an 8,585-square-foot office space in Station West, Charlotte’s innovative, adaptive reuse development located in the FreeMoreWest neighborhood.… Read more
Bluestone Properties Adds Louisville Multifamily to Portfolio
Louisville-based Bluestone Properties has acquired a 274-unit multifamily property, The Ivy, also in Louisville, KY. The Ivy is located off… Read more
JLL Acquires Two Life Sciences Properties in Durham for $67M
JLL Income Property Trust has acquired 5 & 47 National Way, two life sciences properties located in Durham, NC. The… Read more
Andy’s Custard Scoops Up First Alamo City Location
Springfield, MO-based Andy’s Frozen Custard is opening its first San Antonio location in front of the Bass Pro Shop at… Read more
American Landmark Acquires 449-Unit Apartment Community in Charlotte
American Landmark Apartment has acquired Celsius Apartment Homes, a 449-unit apartment community located in the Wedgewood submarket of Charlotte, NC.… Read more
Fifth Third, Enterprise Partner on Community Revitalization
Fifth Third Bank and Enterprise Community Partners launched a $180-million neighborhood program to accelerate revitalization in nine key majority-Black communities… Read more
The Providence Group Welcomes Carolinas Leasing Team of Darrell Palasciano and Matt Henry
The Carolinas leasing team of Darrell Palasciano and Matt Henry have joined The Providence Group’s landlord division. Palasciano and Henry… Read more
Clarion Fund Closes on Multifamily Property in Charlotte
Clarion Partners Real Estate Income Fund, Inc., has expanded its property portfolio with the diversifying acquisition of a multifamily property… Read more
Adaptive Reuse to Residential Sets a Record, with More in the Pipeline
A record number of more than 20,100 apartment conversions nationwide are slated to be finalized in 2021, a total of… Read more