North Carolina
Metro Charlotte MF Community Trades Hands for $40M
Cushman & Wakefield has arranged the $40.4 million sale of Legacy Village, a 229-unit apartment community in Mooresville, N.C., approximately… Read more
NKF Arranges Sale of 229-Unit Winston-Salem Apartment Community
NKF has brokered the sale of West End Station, a 229-unit mid-rise apartment building in downtown Winston-Salem. The sales price… Read more
Charlotte Office Portfolio Trades for $82M
Atlanta-based commercial real estate firm OA Development has sold a five-building, mid-rise office portfolio located in The Park Huntersville, a… Read more
JLL Arranges Sale of 10-Property North Carolina Medical Office Portfolio
JLL has brokered the sale of a fully-leased medical office building portfolio consisting of 10 outpatient orthopedic medical office buildings… Read more
Cousins Properties Agrees to Sell Charlotte’s Hearst Tower for $456M
Cousins Properties has agreed to sell Hearst Tower, a 47-story, 970,000-square-foot office building in Uptown Charlotte for $455.5 million. Truist… Read more
U.S. Multifamily Wraps Up a Strong 2019
The U.S. multifamily sector continues strong, and wrapped up a healthy 2019 with continued rent growth and robust unit absorption,… Read more
Morgan Cos. to Develop Publix-Anchored Shopping Center in Burlington
The Morgan Cos. has announced plans for a new Publix-anchored shopping center located in Burlington, N.C. The firm acquired the… Read more
CBRE’s Levy Doesn’t See Recession on Horizon
By Dennis Kaiser CBRE’s Spencer Levy, Chairman of Americas Research & Senior Economic Advisor, kicked off Connect Westside Los Angeles… Read more
Duke Realty to Construct 166K-SF Industrial Building in Raleigh
Logistics property REIT Duke Realty has announced plans to build Greenfield North 1201, a new, speculative, 165,921-square-foot bulk warehouse in… Read more
CushWake Arranges $30M Sale of Durham MF Property
Cushman & Wakefield has arranged the $29.5 million sale of The Forest, a 272-unit multifamily property in Durham. Built in… Read more
Westside L.A. Conference Recap: Millennials, Tech-Tainment, Patient Capital & Recession
By Dennis Kaiser Connect Westside Los Angeles was held yesterday and drew a crowd of more than 250 real estate… Read more
Hem + Spire Acquires Historic 12-Story Raleigh Office Building
Hem + Spire LLC has acquired Capital Club, a 47,979-square-foot historic office building in Raleigh. The sales price was undisclosed.… Read more
JLL Arranges $15M Sale of Charlotte Retail Property
JLL has arranged the $15 million sale of a 135,197-square-foot, single-tenant retail building net leased to home improvement company Lowe’s… Read more
Beach Investment Fund Snags 206-Unit Raleigh MF Community
Beach Investment Fund has acquired Amberwood at Lochmere, a 206-unit multifamily property in Raleigh. The sales price was not disclosed.… Read more
Charlotte Office Building Trades Hands for $38M
CBRE has arranged the $37.5 million sale of the SunTrust Building at Sharon Square, a 91,575-square-foot office building located within… Read more
Berkadia Secures $19M Acquisition Financing for Charlotte MF Community
Berkadia has secured $18.7 million in acquisition financing for Axiom Apartments, a 202-unit multifamily community in Charlotte. Built in 1987,… Read more
Legislation Introduced to Reform Opportunity Zones Program
In the wake of criticism and media reports about potential abuses pertaining to the Opportunity Zone program, legislation has been… Read more
SST IV Acquires 3,500-Unit Self-Storage Portfolio in Southeast
Strategic Storage Trust IV, Inc., a public non-traded real estate investment trust sponsored by SmartStop Self-Storage REIT, has acquired a… Read more
Plans Announced for $1B MXU Project in Raleigh
Developer Dewitt Carolinas Inc. has unveiled plans for Midtown Exchange, a $1 billion mixed-use project in Raleigh that will include… Read more