North Carolina
CushWake Brokers $7M Sale of Charlotte Flex Property
Cushman & Wakefield has arranged the $6.7 million sale of Hawkins @ Rampart, a two-building flex property in Charlotte’s South… Read more
Benefit Chicago Makes $5M Investment in South and West Sides
Benefit Chicago made a $5-million investment in Self-Help Ventures Fund, a Community Development Financial Institution that is part of the… Read more
Bell Snags First Seattle-Area Acquisition, Pays $96M for Redmond MF
Greensboro, NC-based Bell Partners Inc. acquired 3040 Apartments, a 243-unit multifamily community located in Redmond, WA for $96 million on… Read more
Marcus & Millichap Brokers $17M Sale of Charlotte Retail Property
Marcus & Millichap has arranged the $16.8 million sale of a net-leased retail property occupied by Dick’s Sporting Goods in… Read more
Oakwood Opens Corporate Lodging in KC Area
Oakwood, wholly-owned by Mapletree Investments, recently held the grand opening of its newest Oakwood WaterWalk property in the Kansas City… Read more
Austin Leads as Midsized Cities Offer Best CRE Prospects
Austin tops the list of U.S. markets for overall real estate prospects, according to the Emerging Trends in Real Estate… Read more
JLL Secures $24M Refinancing for Raleigh MF Community
JLL has secured a $24 million loan to refinance Olde Raleigh Apartments, a 228-unit, garden-style apartment community in Raleigh. Located… Read more
A New Concern for Multifamily: Flooding
As if owners of apartment complexes, townhomes and condominiums didn’t have enough on their plates to worry about, now comes… Read more
CushWake Secures 30K-SF Office Lease in Charlotte
Cushman & Wakefield arranged a 30,000-square-foot lease for independent fiber bandwidth company Segra’s headquarters at the Woodward Building at Ballantyne… Read more
California Posts Country’s Biggest Q2 Credit Card Debt Increase
U.S. consumers racked up $35.6 billion in credit card debt during Q2 2019, an all-time record for the second quarter… Read more
Bauman & Co. Acquires 34K-SF Medical Office Building in North Carolina
Atlanta-based Bauman & Co. has acquired a medical office building in High Point, NC in an all-cash transaction. The sales… Read more
TruAmerica Acquires 830-Unit Raleigh MF Portfolio for $109M
Los Angeles-based multifamily investment firm TruAmerica Multifamily has acquired a three-property multifamily portfolio in Raleigh for $108.7 million. The properties… Read more
Greensboro Shopping Center Trades for $15M
Virginia-based real estate investment trust Medalist Diversified REIT has acquired Ashley Plaza, a 160,356-square-foot regional shopping center in Greensboro for… Read more
Brock Built Starts Pre-Development on 61-Unit Westside Townhouse Project
Atlanta homebuilder Brock Built has begun pre-development on The Finley, a 61-unit townhouse project in Bankhead. Construction is expected to… Read more
MBRE Healthcare Snags 147K-SF Charlotte Office Building
Chicago-based MBRE Healthcare has acquired One South Park Center, a 147,141-square-foot office building in Charlotte’s SouthPark submarket. The sales price… Read more
Hurricane CRE Watch: Florida Dodges Dorian, Carolinas Brace for Impact
Although Florida escaped from the brunt of Hurricane Dorian, North Carolina, South Carolina and coastal Georgia are bracing for damaging… Read more
10 Federal Acquires Four-Property Atlanta Self-Storage Portfolio
Commercial real estate firm 10 Federal has acquired a four-property EconoStor self-storage portfolio in the submarkets east of Atlanta. The… Read more
After the Storm is Gone . . . Functioning in a Post-Hurricane Environment
As of this writing, Hurricane Dorian is forecast to brush Florida’s east coast and spread its wrath on Georgia and… Read more
Waterton Snags 298-Unit MF Community in Raleigh-Durham
National real estate investor and operator Waterton has acquired Manor Six Forks, a 298-unit multifamily property in the Millbrook submarket… Read more