Carolinas
Cummins Spending $580M on Rocky Mount Expansion
Engine maker Cummins Inc. will invest $580 million into its Rocky Mount facility off Highway 301. T...Read more
Stonecutter Sells Charlotte Rental Asset for $30M
Northmarq represented the seller of The Park at Fenentino, an affordable rental community in Charlo...Read more
Urban Standard Delivers Construction Loan for Durham Rental Community
Urban Standard Capital recently closed a $7.95 million, 18-month, non-recourse construction complet...Read more
Berkadia Secures Financing for Charlotte Hotel
Berkadia secured financing for the WoodSpring Suites Charlotte – University Research Park, a 122-...Read more
Knightvest Picks 4th Charlotte Rental Community
Knightvest Residential bought the 280-unit Stillwater Apartments at 8242 Runaway Bay Dr. from Stone...Read more
Publix Spends $25M on Durham Shopping Center Lot
Publix purchased land in a Durham shopping center for more than $25 million. The grocery chain purc...Read more
S2 to Revamp, Rebrand Newly-Acquired Charlotte Rental Property
S2 Capital is planning renovations after acquiring an apartment community in Charlotte's Collingwoo...Read more
Crescent Planning Lake Norman Multifamily Project
Crescent Communities plans to break ground this month on a 237-unit apartment complex north of Char...Read more
Belmont Business Park Trades for $70M
An industrial project in Belmont has been sold by Tribek Properties for $70.1. RiverWest, an indust...Read more
Drone Maker Declares Bankruptcy, Owes $243K Rent on Raleigh HQ
Raleigh Drone operator PrecisionHawk has filed for bankruptcy. A filing lists assets at $3.8 millio...Read more
Hines REIT Buys Durham IBM 500 Campus
Hines Global Income Trust, Inc. (“HGIT”) has acquired the IBM 500 Campus, a 774,000-square-foot...Read more
Weidner Pays $81.5M For Charlotte Apartment Community
Weidner Apartment Homes closed on the $81.5 million purchase of Retreat at McAlpine Creek Apartment...Read more
Massive Life Sciences Campus Opens in Morrisville
A mammoth life sciences campus in Morrisville, between Raleigh and Durham, has wrapped up Phase I b...Read more
Eaton Vance Picks Charlotte Rental Community for $65.8M
JLL Income Property Trust has sold Presley Uptown, a 230-unit community in Charlotte, for $65.8 mi...Read more
Bell Partners Profits Off Chapel Hill Property, Twice
Mesirow Financial acquired the Bell Meadowmont apartments in Chapel Hill for $83.6 million. The fin...Read more
Providence Group Expands Reach with Charlotte Land Purchases
Providence Group Capital recently purchased a 6-acre parcel to add to its already sizable holdings ...Read more
Charlotte Apartment Project Fetches $107M
A Northmarq team led by Allan Lynch brokered the sale of Alta Filament, a 352-unit luxury multifam...Read more
SITE Spins Off S. Carolina Regional Shopping Center for $46M
Colliers | U.S. has arranged the sale of Wando Crossing, a 100% occupied, 214,029-square-foot regio...Read more
Thorofare Arranges $25M Loan for NC Mixed-Use Project
Thorofare Capital arranged a $25,035,000 loan to Grubb Properties for the financing and lease-up of...Read more