North Carolina
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
Bay Area Exodus Fueled by Region’s Affordability Crisis
The U.S. Census Bureau reports that more people are leaving the Bay Area than are relocating from other states. The… Read more
CBRE Secures $40M Refinancing for Charlotte MF Community
CBRE Capital Markets has secured a $39.7-million loan to refinance Arbor Steele Creek, a 384-unit apartment community in Southwest Charlotte.… Read more
Pfizer to Invest $500M in North Carolina Gene Therapy Facility
Biopharmaceutical company Pfizer has announced a $500-million investment for the construction of a gene therapy manufacturing facility in Sanford, NC.… Read more
Asana Partners Acquires Carlsbad Retail Center for $58M
Charlotte, NC-based Asana Partners acquired The Beacon La Costa, a 123,000-square-foot upscale retail center located at 7710-7770 El Camino in… Read more
Hunter Hotel Advisors Negotiates Sale of Courtyard by Marriott in Chapel Hill
Investment advisory firm Hunter Hotel Advisors arranged the sale of the Courtyard by Marriott in Chapel Hill, NC. The sales… Read more
Highwoods Properties to Acquire Bank of America Tower in Charlotte for $436M
Raleigh-based Real Estate Investment Trust Highwoods Properties is under contract to acquire Bank of America Tower, a 33-story, 841,164-square-foot office… Read more
Asheville Apartment Community Trades for $72M
Chicago-based real estate investment firm GEM Realty Capital has acquired The District, a 309-unit apartment community in Asheville for $71.5… Read more
New Mergers & Acquisitions Are Impacting Atlanta’s Office Market
By Scott Amoson, Director of Research, Colliers International The Atlanta office market is poised for big change thanks in part… Read more
Asana Partners Acquires Four-Property Retail Portfolio in Charleston for $14M
Charlotte-based real estate investor group Asana Partners acquired a four-property, 32,000-square-foot retail portfolio in Charleston on King Street. The properties… Read more
Report: U.S. Multifamily Rents Continue Positive Momentum
U.S. multifamily rents have continued their upward trajectory with a 3.4% year-over-year increase in July 2019, according to a new… Read more
Henley Investments Acquires 5-Property Greensboro Car Wash Portfolio
Private equity real estate firm Henley Investments acquired five Water Works car wash locations in greater Greensboro, NC. The sales… Read more
Chaucer Creek Claims Waterfront Apartments in North Carolina for $65M
North Carolina-based apartment owner and manager Chaucer Creek Capital acquired Sawmill Point, a four-story, 280-unit waterfront apartment community in downtown… Read more
CBRE Arranges $7M Sale of Charlotte Office Property
CBRE arranged the $7-million sale of 201 Regency Executive Park Drive, a 31,600-square-foot, single-tenant office property in Charlotte’s I-77 Corridor… Read more