North Carolina
Armada Hoffler Pauses 3 Projects, Pushes Ahead with 2
Armada Hoffler Properties said it would defer its previously announced Charlotte-area Chronicle Mill and Ten Tryon developments, and the Atlanta-area… Read more
Greensboro Retail Center Trades for $3M
Stan Johnson Co. has brokered the $2.6 million sale of a multi-tenant retail center in Greensboro, NC. Located at 1314… Read more
NKF Arranges $163M Debt for Arden’s Industrial Portfolio
NKF arranged a $163-million floating-rate loan for the Arden Group’s acquisition and recapitalization of a 12-asset industrial portfolio located in… Read more
Top Broker Honoree: Marcus & Millichap’s Nate McDaniel
Nate McDaniel and his team of agents at Marcus & Millichap had a successful 2019 that included more than $125… Read more
Top Broker Honoree: Cushman & Wakefield’s Sunbelt Multifamily Advisory Group
Cushman & Wakefield’s Sunbelt Multifamily Group experienced a profitable 2019, with more than $7.1 billion in deals and 317 transactions.… Read more
MJM Group Opens New Aloft Charlotte Airport Hotel
Hotel developer MJM Group has opened the Aloft Charlotte Airport hotel, the firm’s sixth Marriott- branded hotel in North Carolina.… Read more
Starwood Retail in Default of Shops at Willow Bend’s $136M Loan
Starwood Retail is in default on its loan for the Shops at Willow Bend. The company has been unable to… Read more
JLL Brokers Sale of 226K-SF Office Portfolio in Charlotte
JLL has arranged the sale of LakePointe Corporate Center 3 and 5, a 226,863-square-foot office portfolio in Charlotte. The sales… Read more
Avison Young Hires Three from Colliers in Raleigh-Durham
Avison Young has announced the hiring of Kathy Gigac, Baxter Walker and Thomas Kenna as Principals, Enterprise Solutions, in the… Read more
Slate Retail REIT Acquires Mid-Atlantic Retail Portfolio for $107M
Slate Retail REIT has entered into an agreement to acquire a seven-property, grocery-anchored retail portfolio in the Mid-Atlantic and Southeast… Read more
NC State Office Assets Trade for $80M
JLL has arranged the $80 million sale of two office assets totaling 175,444 square feet on the Centennial Campus of… Read more
Charlotte Office Property Trades for $102M
Charlotte-based South Street Partners has acquired Coliseum Centre III, V and VI, three office buildings totaling 511,344 square feet in… Read more
Alidade Capital Snags Raleigh-Durham Life Science Portfolio for $41M
JLL has arranged the $40.9 million sale of Bradford Center and Berrington Center, two fully-leased single-story office and research buildings… Read more
Hunt Provides $38M Acquisition Financing for Winston-Salem MF Property
Hunt Real Estate Capital has provided a $38.2 million Freddie Mac Conventional Lease-Up Multifamily loan to finance the acquisition of… Read more
North State Express Signs 157K-SF Industrial Lease in Durham
Cushman & Wakefield has arranged a 157,000-square-foot industrial lease for trucking company North State Express at Regional Commerce Center in… Read more
JLL Brokers Sale of 67K-SF Value-Add Office Property in Charlotte
JLL has brokered the sale of a 67,949-square-foot, value-add office property in Charlotte. The sales price was not disclosed. Located… Read more
Walker & Dunlop Provides $45M Financing for SE Multifamily Portfolio
Walker & Dunlop has provided $44.8 million in financing for the Ambling Portfolio, an eight-property, 741-unit multifamily portfolio in South… Read more
Fast Absorption of New Industrial Tempers Concerns About Oversupply
Developers completed construction of 289 million square feet of industrial and logistics real estate across the U.S. in 2019, but… Read more
Starwood REIT Snags Southeast Affordable Housing Portfolio for $461M
Starwood Real Estate Income Trust Inc. (SREIT) has acquired an 18-property, 3,336-unit affordable housing portfolio in Florida and North Carolina.… Read more