North Carolina
SoftBank Affiliate Acquires Dunwoody-Based Krystal Restaurants
Fortress Investment Group, an affiliate of Japan-based multinational holding company SoftBank Group has agreed to acquire Dunwoody-based fast food restaurant… Read more
Design Workshop Moves to New Office in Raleigh
International landscape architecture, planning and urban design firm Design Workshop has moved into a permanent office in Raleigh. Previously, the… Read more
CushWake Brokers $59M Sale of Charlotte Office Property
Cushman & Wakefield has arranged the $58.5 million sale of Corning Optical Communications’ headquarters, a recently-constructed, 182,169-square-foot office building in… Read more
Atlanta’s Stove Works Under Redev by Asana Partners
Asana Partners plans to renovate Atlanta’s Stove Works, following the closing of Rathbun’s Restaurant and Krog Bar, victims of the… Read more
JLL Closes Sale-Leaseback of Charlotte-Area Industrial Facility
Wilbert Plastic Services (WPS) executed a sale-leaseback with AIC Ventures for a 126,363-square-foot, single-tenant, fully leased manufacturing facility in the… Read more
NKF Arranges $49M Sale, Financing of Greensboro, NC MF
NY-based White Eagle Property Group entered the Triad market with the acquisition of Brassfield Park, a 336-unit multifamily community in… Read more
Crown Claims Corning HQ Facility in Charlotte for Record Price
Corning Optical Communications’ headquarters, a newly-constructed, Class A office building totaling 182,169 square feet in Charlotte, traded hands for $58.5… Read more
Akridge, Kettler Expand SE Footprint, Plan to Develop 400-Unit MF in Charlotte
Akridge has partnered with Kettler to purchase a 2.5-acre parcel of land at the corner of Dunavant and Distribution in… Read more
NKF Secures $35M Refi for Newly-Built North Carolina MF
Comet Westgate Apartments, a newly-completed, 304-unit, Class A, garden-style community located in Wilmington, NC, has been refinanced. The $35 million Freddie… Read more
Davis-Gemini JV Divests Durham MF for Nearly $66M
The Lodge at Croasdaile Farm, a 320-unit, garden-style and townhome apartment community in Durham, NC was acquired by Virginia-based RST… Read more
Edgewater Ventures Lands Wilmington, NC Industrial Asset
Raleigh, NC-based Edgewater Ventures acquired a 240,000-square foot multi-tenant property located at 421 Landmark Dr. Wilmington, NC for $9.2 million.… Read more
Flagship Healthcare Expands VA Footprint with Newly-Built MOB
Flagship Healthcare Properties expanded its Virginia footprint with the acquisition of a 15,457-square-foot, newly-constructed medical office building in Prince George, just south of… Read more
Domain Capital, Simpson Housing Form $1B JV with PFA Pension
Atlanta-based Domain Capital Group, LLC’s subsidiary, Domain Capital Advisors, and Simpson Housing LLLP completed a joint venture with PFA Pension… Read more
CushWake Arranges Four-Building Office Campus Sale for Macfarlan
Macfarlan Capital Partners divested Consolidated Center, a four-building office campus totaling 174,000 square feet, located in Winston-Salem, NC. Deep River… Read more
Cushman & Wakefield Arranges Asheville Sale for Carlisle
Greenville, SC-based Graycliff Capital Partners acquired The Reserve at Asheville, a 380-unit apartment community located in Asheville, NC from Carlisle… Read more
Flagship Healthcare Expands Portfolio with Charlotte Acquisition
Flagship Healthcare Properties expanded its Charlotte, NC portfolio with the acquisition of Charlotte Surgery Center, Museum Campus. The 19,767-square-foot ambulatory… Read more
Turnbridge Equities Takes Raleigh’s The Creamery MXU
New York-based Turnbridge Equities acquired The Creamery, an 82,000-square-foot mixed-use property at 400-410 Glenwood Ave., Raleigh, NC, from Northpond Partners,… Read more
Cousins Completes $455M Sale of Hearst Tower to Truist
Atlanta-based Cousins Properties completed the sale of Hearst Tower, a 966,000-square-foot Class A office tower in Uptown Charlotte, to Truist… Read more
Seefried, Clarion Partners Claim 50 acres near Charlotte
Seefried Properties, and development partner Clarion Partners, LLC, acquired nearly 50-acres of land for development of a five-building spec warehouse… Read more