North Carolina
Passco Expands Footprint with First MF Acquisition in Asheville, NC
Irvine, CA-based Passco Companies acquired Asheville Exchange, a 312-unit, Class A multifamily community in Asheville, NC for $56.6 million. The… Read more
Expansion Continues at North Carolina Industrial Park
The Hollingsworth Companies is starting the second facility in a four-building expansion at its SouthPoint Business Park in Mocksville, NC.… Read more
MBRE Healthcare Buys North Carolina MOBs for $35M
Mission Health and its affiliated physicians sold three medical office buildings in Asheville, NC for $35.2 million. The buyer, Chicago-based… Read more
Exeter Claims Charlotte Industrial Park for $49M
Conshohocken, PA-based Exeter Property Group acquired RiverOaks Corporate Center, a two-building, Class A industrial park totaling 453,206 square feet in… Read more
Centric Gateway in Uptown Charlotte Sold for $69M
Centric Gateway, a 297-unit, newly completed mid-rise apartment community in Charlotte, North Carolina’s Uptown area, has traded hands for $69.25… Read more
Hunt Handles $65M Acquisition Financing for Pair of Raleigh-Durham MFs
Hunt Mortgage Group provided two Freddie Mac conventional loans totaling more than $65 million to finance the acquisition of two… Read more
CBRE Global Investors Acquires Office Tower in Charlotte for $222M
CBRE Global Investors acquired 615 South College, a recently constructed, 375,865-square-foot trophy office tower in Charlotte, NC, on behalf CalSTRS… Read more
Oaktree Capital Claims Charlotte Asset for $134M
Los Angeles-based Oaktree Capital Group acquired 400 South Tryon in Charlotte, NC from a joint venture between DRA Advisors LLC and Trinity Capital… Read more
ATCO Forms JV with Shorenstein on Charlotte Adaptive Reuse
ATCO Properties & Management formed a joint venture with Shorenstein Properties LLC to undertake the adaptive reuse of five buildings at the… Read more
Anchor Health, Morgan Stanley Acquire Trio of MOBs Totaling 250K SF
Anchor Health Properties formed a joint venture with a Morgan Stanley Real Estate Investing advised fund to acquire three East… Read more
Wood Partners Divests NC MF for $42M
Altera North Pointe, a 320-unit, garden-style apartment community in Durham, NC, traded hands for $42.1 million. HFF advised the seller,… Read more
FCP Acquires 574-Unit MF in Charlotte for $60M
Maryland-based FCPSM acquired the Reserve at Providence, a 574-unit, garden and townhome-style apartment community in Charlotte, NC, from an unnamed California entity for… Read more
Accesso, Torchlight Nab Durham, NC Buildings for $108M
Florida-based Accesso Partners LLC and capital partner Torchlight Investors acquired 10 office buildings in Meridian Corporate Center, an office park… Read more
Tommy Crozier Re-Joins CBRE to Lead Hotel Valuations
CBRE added Tommy Crozier to its valuation and advisory service business line as EVP and leader of CBRE Hotels’ valuation… Read more
Durham, NC Office Buildings Acquired for $56M
Innovatus Capital Partners, LLC acquired a two-building office property in Durham, NC from an institutional owner advised by Clarion Partners, LLC… Read more
BofA Expands Commitment at Cousins’ Charlotte Asset to 318K-SF
Bank of America signed a 294,000-square-foot lease renewal and a 24,000-square-foot expansion at Cousins’ Fifth Third Center, a 698,000-square-foot office… Read more
Speculative Industrial Development Planned Near Charlotte’s Airport
Florida-based development firm McCraney Property Company purchased a 54-acre land parcel less than one mile from the Charlotte Douglas International… Read more
Meritex Plans 14 Acre Spec Development Near Charlotte Airport
Minneapolis-based Meritex commenced development on a 79,420-square-foot, Class A, multi-tenant industrial building adjacent to CLT Logistics Center, an 11-building industrial… Read more
Griffin Capital Acquires LPL Financial Carolinas Campus
Griffin Capital Company, LLC acquired LPL Financial Carolinas Corporate Campus in Fort Mill, SC for $130 million on behalf of… Read more