North Carolina
OA Development Acquires Charlotte Office Portfolio for $36M
Privately-held commercial real estate firm OA Development has acquired Carmel Park I and II, a two-property office portfolio in Charlotte… Read more
Plans Revealed for 100-Acre MXU Project Near Commerce’s Tanger Outlet Center
Plans have been announced for a 100-acre mixed-use development near the Tanger Outlet Center in Commerce. The project, called Commerce… Read more
U.S. Homeownership Rises But Remains Historically Low
U.S. homeownership was 64.8% not seasonally adjusted and 64.7% seasonally adjusted in the third quarter, says CBRE. Both rates rose… Read more
America’s Capital Obtains $67M Refi on 458K-SF Signature Exchange Building
America’s Capital Partners, owner of the Signature Exchange office building in North Dallas, obtained a $67 million refinance loan secured… Read more
Partnership Purchases 400-Acre MXU Development Site in Metro Raleigh
Capital Properties of Raleigh, Shenandoah Homes and Lennar Corp. have partnered to purchase Carolina Springs, a 400-acre, master-planned development site… Read more
S&P CoreLogic Case-Shiller: U.S. Home Price Increases Continue to Slow
The latest S&P CoreLogic Case-Shiller Indices show that the rate of home price increases across the U.S. continued to slow… Read more
CushWake Hires Ridlehoover As Director in Charlotte
Cushman & Wakefield has hired Eric Ridlehoover as a director in the firm’s Charlotte office. Ridlehoover will join the firm’s… Read more
Metro Raleigh MF Property Trades for $31M
Alternative investment management firm Inland Private Capital Corp. has arranged the sale of Amberwood at Lochmere, a 206-unit apartment community… Read more
Quantum Brokers Sale of Retail Center in Winston-Salem
Quantum Real Estate Advisors Inc has arranged the sale of a multi-tenant shopping center located at 480-490 E. Hanes Mill… Read more
CushWake Arranges $60M Sale-Leaseback of 4-State Industrial Portfolio
Cushman & Wakefield has arranged the $60.2-million sale and leaseback of a seven-property industrial portfolio totaling 791,000 square feet in… Read more
Microsoft Announces $23M Charlotte Expansion
Microsoft Corp. has announced plans to expand its engineering and quantum computing businesses in Charlotte. The software maker plans to… Read more
Nuveen Real Estate Snags 360-Unit Raleigh MF Property
Global real estate investment manager Nuveen Real Estate has acquired Bell Wakefield, a 360-unit, garden-style multifamily community in the north… Read more
Shorenstein Properties Acquires 450K-SF Charlotte Office Campus
Owner-operator Shorenstein Properties has acquired a 450,000-square-foot office campus in Charlotte’s University City submarket for an undisclosed price. The seller… Read more
First Washington Realty Snags 100K-SF Retail Center in Raleigh
National real estate investment and management company First Washington Realty has acquired Harvest Plaza, a 99,479-square-foot retail center in Raleigh.… Read more
Partnership Snags 18-Property Extended Stay Portfolio in Southeast
A partnership between Three Wall Capital and Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners,… Read more
Bellwether Enterprise Hires Botros as Vice President in Greensboro
Bellwether Enterprise Real Estate Capital has hired Lucas Botros as vice president. Botros will be based in Greensboro and be… Read more
Partners Group, Accesso Acquire Charlotte Office Park for $270M
Global private markets investment manager Partners Group and Accesso Partners acquired Innovation Park, a 1.8-million-square-foot office park in Charlotte. The… Read more
What $1 Million Can Buy in Today’s Housing Market
A million-dollar home looks very different from one city to the next, according to new research from Zillow. The typical… Read more
Skender Completes Spaces Buildout at Former Sports Authority
Skender, serving as general contractor, recently completed interior construction of the eight-story, 80,000-square-foot Spaces location at the former Sports Authority… Read more