Carolinas Commercial Real Estate News

BK Partners has finalized its $10.3 million purchase of a 5.7-acre Charlotte parcel for the Brooklyn Village redevelopment project

BK Partners Closes on First Parcel for Brooklyn Village

By Angela Noote | August 07, 2023 BK Partners has finalized its $10.3 million purchase of a 5.7-acre Charlotte parcel for the Brookly...Read more

Red Oak Capital Holdings Building Sizable Presence in NC

By Angela Noote | August 04, 2023 Red Oak Capital Holding has added four finance professionals to its new home base in Charlotte, NC....Read more

Cushman & Wakefield Arranges Sale-Leaseback and Financing of Circor HQ

By Angela Noote | August 03, 2023 Cushman & Wakefield has arranged the sale of Circor International’s 183,509-square-foot manuf...Read more

Commercial real estate brokerage firm Marcus & Millichap has brokered the sale of Courtyard by Marriott - Billy Graham Parkway, a 175-room hotel property in Charlotte, NC.

Marcus & Millichap Brokers Sale of Charlotte Courtyard by Marriott

By Angela Noote | August 02, 2023 Commercial real estate brokerage firm Marcus & Millichap has brokered the sale of Courtyard by ...Read more

Lightstone has acquired the 320,000-square-foot Woodfield Commerce Center, a recently completed Class-A manufacturing and distribution facility in Fountain Inn, SC.

Lightstone Acquires New Woodfield Commerce Center in SC

By Angela Noote | August 02, 2023 Lightstone has acquired the 320,000-square-foot Woodfield Commerce Center, a recently completed Cla...Read more

DSV has leased 1030 Metso Way, a 244,945-square-foot industrial building owned by Weston, Inc. on 40 acres in Northeast Columbia. 1030 Metso Way is part of Cleveland-based Weston’s Southeast Industrial Properties portfolio of 60 tenants and 45 properties totaling over 7 million square feet. “1030 Metso Road will work well with them with its proximity to I-20 and I-77 and the growing population of the Northeast Columbia submarket,” said Eileen McConville, asset manager for Weston, Inc. Colliers South Carolina’s Chuck Salley, SIOR, Dave Mathews, SIOR, Thomas Beard, SIOR and John Peebles, SIOR represented Weston in the transaction. “We continue to see unprecedented expansion of third-party logistics service providers in the Columbia market as manufacturing and e-commerce businesses requiring 3PL services continue to grow,” said Salley, managing director, industrial services in Colliers’ Columbia office. Colliers’ Josh Eig serves as the property manager for 1030 Metso Way.

DSV Leases Weston’s 245K SF Industrial Building in Columbia

By Angela Noote | July 27, 2023 DSV has leased 1030 Metso Way, a 244,945-square-foot industrial building owned by Weston, Inc. on 4...Read more

Marcus & Millichap has announced the sale of the 31-room Hampton Inn Raleigh-Capital Boulevard North

Marcus & Millichap Brokers Sale of Raleigh Hotel

By Angela Noote | July 26, 2023 Marcus & Millichap has announced the sale of the 31-room Hampton Inn Raleigh-Capital Boulevard ...Read more

NewPoint Real Estate Capital has hired Mike Ortlip as senior managing director in Charlotte, NC.

Industry Veteran Joins NewPoint Real Estate Capital

By Angela Noote | July 25, 2023 NewPoint Real Estate Capital has hired Mike Ortlip as senior managing director. Ortlip is based in ...Read more

Greensboro, NC-based Bell Partners has acquired Lansbrook Village, a 774-unit apartment community located in Palm Harbor, FL.

Bell Partners Acquires Multifamily Communities for Two Separate Funds

By Angela Noote | July 25, 2023 Greensboro, NC-based Bell Partners has acquired Lansbrook Village, a 774-unit apartment community l...Read more

Lanter Delivery Systems has leased Weston, Inc.’s 30,000-square-foot cross-dock building at 6011 Shakespeare Road in Columbia

Weston Leases Columbia, SC Industrial Space to Lanter Delivery Systems

By Angela Noote | July 24, 2023 Lanter Delivery Systems has leased Weston, Inc.’s 30,000-square-foot cross-dock building at 6011 ...Read more

Knighthead Funding has provided Eastman Companies with a $16 million first mortgage for the acquisition and conversion of a 437-bed student housing property into a 149-unit multifamily property in Myrtle Beach, SC

Eastman Secures $16M Loan to Convert CCU Student Housing to Multifamily

By Angela Noote | July 21, 2023 Knighthead Funding has provided Eastman Companies with a $16 million first mortgage for the acquisi...Read more

Cushman & Wakefield has arranged the $10.8 million sale of Westwood Plaza, an 83,354-square-foot community shopping center in Greenwood, SC

Cushman & Wakefield Arranges $10.8M Sale of Westwood Plaza

By Angela Noote | July 20, 2023 Cushman & Wakefield has arranged the $10.8 million sale of Westwood Plaza, an 83,354-square-foo...Read more

Seven Hills Realty Trust has closed a $27.5 million first mortgage floating rate bridge loan for the acquisition of Woodfield Commerce Center

Seven Hills Realty Trust Closes $27.5M Loan to Acquire SC Industrial

By Angela Noote | July 19, 2023 Seven Hills Realty Trust has closed a $27.5 million first mortgage floating rate bridge loan for th...Read more

Berkadia has arranged senior construction financing for The One at Hope Mills, a 360-unit garden-style multifamily development in Fayetteville, NC

Berkadia Arranges $47M Apartment Construction Loan

By Angela Noote | July 19, 2023 Berkadia has arranged senior construction financing for The One at Hope Mills, a 360-unit garden-st...Read more

The Keith Corporation and IDM Ventures have formed a joint venture to develop South Point Commerce Center, a 185-acre eight-building build-to-suit industrial park in High Point, NC

JV Developing 185-Acre Industrial Park in High Point, NC

By Angela Noote | July 18, 2023 The Keith Corporation and IDM Ventures have formed a joint venture to develop South Point Commerce ...Read more

Colliers South Carolina has promoted Chris Hock to Marketing Coordinator in the firm’s Charleston office.

Colliers Charleston Marketing Team Announces Promotion

By Angela Noote | July 14, 2023 Colliers South Carolina has promoted Chris Hock to Marketing Coordinator in the firm’s Charleston...Read more

SunCap Property Group has purchased 1.64 acres in Charlotte’s Dilworth neighborhood for $13.75 million for a planned 300,000-square-foot mixed-use development

SunCap Acquires Property for Charlotte Mixed-Use Development

By Angela Noote | July 13, 2023 SunCap Property Group has purchased 1.64 acres in Charlotte’s Dilworth neighborhood for $13.75 mi...Read more

Equus Capital Partners, Ltd. has announced the sale by one of its affiliates of Carolina 85 Logistics Center

Equus Sells NC Logistics Center for $33M

By Angela Noote | July 13, 2023 Equus Capital Partners, Ltd. has announced the sale by one of its affiliates of Carolina 85 Logisti...Read more

Chicago-based real estate investment firm Northpond Partners has acquired the Preston Corners shopping center in Cary, NC for $13.2 million

Cary, NC Shopping Center Sells for $13M

By Angela Noote | July 10, 2023 Chicago-based real estate investment firm Northpond Partners, operating as NP Preston Corners LLC, ...Read more

The Raleigh City Council’s approval of a rezoning request has paved the way for a new mixed use office building up to eight stories high in North Hills

Raleigh Developer Planning Mixed Use North Hills Project

By Angela Noote | July 07, 2023 The Raleigh City Council’s approval of a rezoning request has paved the way for a new mixed use o...Read more

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