Carolinas Commercial Real Estate News

Abacus Capital and Westbrook Partners have acquired Broadstone Ingleside apartments in Ladson, SC for $77.5 million.

Abacus Capital, Westbrook Partners Acquire Ladson Multifamily for $78M

By Lisa McDuffie | February 17, 2023 A joint venture between affiliates of Charlotte, NC-based Abacus Capital and real estate developer ...Read more

Clay Driggers has joined Aline Capital in Greenville, SC as senior director of the company’s new development services division.

Aline Capital Brings in Clay Driggers to Steer New Development Services Division

By Lisa McDuffie | February 16, 2023 Greenville, SC-based commercial real estate and capital markets advisory firm Aline Capital has hir...Read more

Montecito Medical Real Estate has secured $31.2 million acquired a cancer treatment center located at 166 Stoneridge Drive in Columbia, SC.

Montecito Medical Real Estate Locks Down $31M to Buy Columbia Cancer Center

By Lisa McDuffie | February 15, 2023 Nashville, TN-based Montecito Medical Real Estate has secured $31.2 million to finance the acquisit...Read more

Perimeter Park Offices, LP and tenant IXL Learning have completed an agreement that expands the latter’s lease to 67,780 square feet at 1600 Perimeter Park in Morrisville, NC.

IXL Learning Applies Its Smarts to HQ Lease Expansion near Research Triangle

By Lisa McDuffie | February 14, 2023 Perimeter Park Offices, LP and tenant IXL Learning have completed an agreement that expands the lat...Read more

The master-planned community of Nexton in Summerville, SC has announced plans for Dayfield Park, a 120,000-square-foot office and retail development.

Summerville’s Nexton Community to Launch 60-Acre Commercial Development

By Lisa McDuffie | February 13, 2023 The mixed-use community of Nexton in the Charleston submarket of Summerville, SC has announced plan...Read more

Trammell Crow Company and partners have topped out 400H, a 365,000-square-foot mixed-use development with office, residential and retail components in Raleigh, NC.

Trammell Crow Company Tops Out 350K-SF Mixed-Use Tower in Downtown Raleigh

By Lisa McDuffie | February 10, 2023 Real estate developer Trammell Crow Company, its residential subsidiary High Street Residential, an...Read more

Ashcroft Capital has acquired The Apartments at Midtown 501 garden-style community in Chapel Hill, NC.

Ashcroft Capital Enters NC with Purchase of 248-Unit Multifamily in Chapel Hill

By Lisa McDuffie | February 10, 2023 Ashcroft Capital has acquired The Apartments at Midtown 501, a 248-unit garden-style community in C...Read more

Ken Loeber has joined Transwestern Real Estate Services in Charlotte, NC as regional market leader for the Carolinas.

Transwestern Real Estate Services Recruits Ken Loeber as Carolinas Regional Market Leader

By Lisa McDuffie | February 09, 2023 Transwestern Real Estate Services has named Ken Loeber as regional market leader for the Carolinas....Read more

Monarch Equities has purchased Steele West Business Center located in the southwestern industrial submarket of Charlotte, NC.

Monarch Equities Lands on Steele West Business Center in Charlotte

By Lisa McDuffie | February 08, 2023 Wyoming-Based Monarch Equities has purchased Steele West Business Center, a four-building, 47,680-s...Read more

MEAG, in cooperation with CBRE Investment Management, has acquired the Liberty Warehouse apartments Durham, NC on behalf of Munich Re Group.

European CRE Acquires 247-Unit Class A Multifamily in Durham

By Lisa McDuffie | February 07, 2023 MEAG, in cooperation with CBRE Investment Management, has acquired the Liberty Warehouse residentia...Read more

Construction has begun redevelopment of two historic storehouses in North Charleston, SC as part of transformation of the former Naval Base into a mixed-use neighborhood.

Charleston’s 1901-Vintage Naval Base Getting New Life as Mixed-Use Neighborhood

By Lisa McDuffie | February 06, 2023 A partnership made up of Jamestown, Weaver Capital Partners, WECCO Development and Piedmont Private...Read more

WinnCompanies has broken ground $35-million adaptive reuse project will create 139 affordable apartments from a vacant textile mill in Bessamer, NC.

Adaptive Reuse Specialist Starts Its First NC Project at Bessemer Textile Mill

By Lisa McDuffie | February 03, 2023 Boston, MA-based WinnCompanies has broken ground on its first-ever adaptive reuse project in NC. Th...Read more

Urban Atlantic and INLIVIAN have assembled an $84-million financing structure to build Trella Uptown, a mixed-income apartment community in Charlotte, NC.

Urban Atlantic, INLIVIAN Secure $84M to Build Mixed-Income Mid-Rise in Uptown Charlotte

By Lisa McDuffie | February 02, 2023 Urban Atlantic has partnered with INLIVIAN (formerly the Charlotte Housing Authority) and its nonpr...Read more

Greyson Furnas and Bailey Tollison have been promoted to senior brokerage associates at Colliers | South Carolina’s Spartanburg and Greenville offices, respectively.

Colliers | South Carolina Elevates Greyson Furnas and Bailey Tollison as Senior Brokerage Associates

By Lisa McDuffie | February 02, 2023 Commercial real estate firm Colliers | South Carolina has promoted both Greyson Furnas and Bailey T...Read more

Karis Cold has begun a 277,785-square-foot industrial cold storage facility in the Charlotte submarket of Rock Hill, SC.

Karis Cold Begins 278K-SF Cold Storage in Rock Hill

By Lisa McDuffie | February 01, 2023 Karis Cold, a FL-based developer of cold storage facilities, has begun a 277,785-square-foot indust...Read more

JLL Capital Markets has arranged a $250-million credit facility for United Hampshire US REIT, a Singapore REIT with 23 properties located across the East Coast.

JLL’s Corporate Banking Advisory Group in Charlotte Arranges $250M Credit Facility of United Hampshire US REIT

By Lisa McDuffie | January 31, 2023 JLL Capital Markets has arranged a $250-million credit facility for United Hampshire US REIT, a Sin...Read more

Origin Investments and Spandrel Development Partners will construct $87.4-million apartment complex, Mira Raleigh, in Raleigh, NC.

Origin Investments, Spandrel Development Partners to Build $87M Raleigh Multifam

By Lisa McDuffie | January 30, 2023 Origin Investments and Spandrel Development Partners have formed a joint venture to construct the $...Read more

SRS Real Estate Partners has brokered the $2.2-million all-cash sale of First Street Station retail center in Albemarle, NC.

SRS Real Estate Brokers $2M Sale of Grocery-Anchored Retail Center in Albemarle

By Lisa McDuffie | January 27, 2023 SRS Real Estate Partners has completed the $2.2-million sale of First Street Station, a 52,230-squa...Read more

Non-profit organization DHIC, Inc. has secured $35.5 million to finance the construction of a new affordable housing community in Apex, NC.

Bellwether Enterprise Real Estate Capital Arranges $36M to Build Affordable Community in Apex

By Lisa McDuffie | January 26, 2023 DHIC, Inc., a Raleigh, NC-based nonprofit affordable housing developer, has secured $35.5 million t...Read more

Eller Capital Partners and DRA Advisors have disposed of two multifamily properties located in the Carolinas for a total of $100 million.

Eller Capital Partners and DRA Advisors Sell $100M Carolinas Multifamily Portfolio

By Lisa McDuffie | January 25, 2023 Chapel Hill, NC-based private equity real estate investment firm Eller Capital Partners, in partner...Read more

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