Carolinas Commercial Real Estate News

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

Founders Properties, LLC has purchased the Class A industrial facility totaling 324,650 square feet at 210 N. Pendleton Street in High Point, NC.

Founders Properties Takes 325K-SF Class A Logistics Facility in High Point

By Lisa McDuffie | January 24, 2023 Real estate investment company Founders Properties, LLC has purchased a Class A industrial facility...Read more

Greystar has sold the 33-story Ascent Uptown multifamily tower in Charlotte, NC to Sterling Equities.

Greystar, Sterling Equities Swap Ownership of 33-Story Charlotte Multifamily

By Lisa McDuffie | January 23, 2023 Greystar, a Charleston, SC-based real estate and property management company, has sold Ascent Uptow...Read more

Accesso and Chime Solutions have agreed on a 40,000-square-foot multi-year lease agreement at the Innovation Park office complex in Charlotte, NC.

Accesso, Chime Solutions Agree on 40K-SF, Multi-Year Deal at Charlotte’s Innovation Park

By Lisa McDuffie | January 20, 2023 Hallandale-FL-based Accesso, an investment manager and operator of multi-tenant office and multifam...Read more

Olive Tree Affordable Housing has acquired The Life at Lakeside Villas, an affordable multifamily community in Wilmington, NC.

Olive Tree Affordable Housing Enters NC with Acquisition of Wilmington Community

By Lisa McDuffie | January 19, 2023 Olive Tree Affordable Housing, the affordable housing affiliate of Olive Tree Holdings, a mission d...Read more

Rivercrest Realty Investors has purchased a 93,000-square-foot property within Union Village in Monroe, NC for conversion to a self-storage facility.

Rivercrest Realty Investors Eyes Transformation of Monroe Purchase into Self-Storage Facility

By Lisa McDuffie | January 18, 2023 Raleigh, NC-based Rivercrest Realty Investors has purchased a 93,000-square-foot property within Un...Read more

Steve Rich, left, of Colliers | Charlotte, has been named first vice president of the 2023 CCIM Executive Management Team.

Colliers | Charlotte Duo Ascending to Highest Reaches of CCIM National, State Leadership

By Lisa McDuffie | January 17, 2023 Steve Rich, senior director at Colliers | Charlotte, has been named first vice president of the 202...Read more

Magnus Development Partners has broken ground on two buildings at 803 Industrial Park adjacent to Columbia Metropolitan Airport in Columbia, SC.

Magnus Development Partners Moves Dirt on Industrial Park Next to CAE

By Lisa McDuffie | January 16, 2023 Columbia, SC-based Magnus Development Partners has broken ground on two buildings at 803 Industrial...Read more

Gamwell Investments has purchased a 16,0000-square-foot industrial building located at 212 Candi Lane in Columbia, SC.

Gamwell Investments Gets a Leg Up on Buy of Columbia Industrial Building

By Lisa McDuffie | January 13, 2023 Gamwell Investments has purchased a 16,0000-square-foot industrial building located at 212 Candi La...Read more

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