Carolinas Commercial Real Estate News

TerraCap Management, LLC, has acquired The Lex at Brier Creek apartments in Morrisville, NC.

TerraCap Management Acquires Second Raleigh-Durham Mutlifamily

By Lisa McDuffie | July 26, 2022 Naples, FL-based TerraCap Management LLC, has acquired The Lex at Brier Creek, a 1999-built, 346-un...Read more

SHL Medical has leased the entirety of Palmetto Trade Center II in North Charleston, SC from developer SunCap Property Group.

SunCap Fills North Charleston Industrial Property with Life Science Tenant

By Lisa McDuffie | July 25, 2022 Charlotte, NC-based SunCap Property Group has leased the entirety of Palmetto Trade Center II in No...Read more

Pine Holdings, LLC, has purchased the retail property at 424 Pine Street in Highlands, NC for $1.6 million.

Retail Property in Great Smoky Mountains Town of Highlands Trades for $2M

By Lisa McDuffie | July 22, 2022 Mag Mile Capital has closed a loan for $1.6M to help a client purchase a former Bank of America bra...Read more

Galaxy Investments LLC/Halle Acquisitions has purchased the Union Cross Distribution Center in Winston-Salem, NC for $64 million.

$64M Secures Newly Constructed Distribution Center in Winston-Salem

By Lisa McDuffie | July 21, 2022 Cushman & Wakefield has arranged the sale of Union Cross Distribution Center, a newly construct...Read more

Clarity Veterinary Real Estate has acquired two buildings leased to Upstate Veterinary Emergency + Specialty Care in Greenville, SC.

Clarity Acquires Pair of Greenville Veterinary Properties

By Lisa McDuffie | July 20, 2022 Nashville, TN-based Clarity Veterinary Real Estate, which invests in veterinary office properties t...Read more

Merritt Properties has acquired 22 acres in Garner, NC for $2.9 to develop a three-building industrial park.

Merritt Properties Grabs 22 Acres in Garner for 212K-SF Flex Industrial Park

By Lisa McDuffie | July 19, 2022 Baltimore, MD-based Merritt Properties has acquired 22 acres in the Durham submarket of Garner, NC ...Read more

Lincoln Harris and Goldman Sachs Asset Management Real Estate has begun construction on 600 South Tryon office tower in Charlotte, NC.

Lincoln Harris Drops the Curtain on Fourth Tower in Charlotte’s Legacy Union

By Lisa McDuffie | July 18, 2022 Lincoln Harris, in partnership Goldman Sachs Asset Management Real Estate, has launched 600 South T...Read more

Eastern Union has secured a $38.4-million refinancing for Roseberry Apartments in Columbia, SC.

Eastern Union Secures $38M Refi Loan for Columbia Multifamily

By Lisa McDuffie | July 15, 2022 Eastern Union has arranged for the $38.4-million refinancing of the Roseberry Apartments, a 285-uni...Read more

Magma Equities and Prudent Growth Partners have acquired The Oaks Apartment Homes in Lincolnton, NC, in an off-market transaction for $17.8 million.

Magma Erupts in NC with $222M in 2022 Acquisitions; Latest is $18M Lincolnton Multifam

By Lisa McDuffie | July 14, 2022 Magma Equities — in joint venture with Chapel Hill, NC-based Prudent Growth Partners — has acqu...Read more

TA Realty has purchased the Cordage industrial facility in Charlotte, NC for $37 million.

Charlotte Industrial Property Trades in All-Cash Deal

By Lisa McDuffie | July 13, 2022 CBRE has arranged the all-cash sale of Cordage — a Class A warehouse and distribution facility in...Read more

Armada Hoffler has disposed of properties leased to Costco and to Home Depot in Durham, NC for $24M.

Armada Hoffler Sells Durham Properties Leased to Costco, Home Depot for $24M

By Lisa McDuffie | July 12, 2022 Virginia Beach, VA-based Armada Hoffler has disposed of two single-tenant assets leased to Costco a...Read more

Capital Square has acquired the Retreat at Arden Farms Apartments in Arden, NC for a DST entity that seeks to raise $68 million.

Capital Square Acquires Multifamily near Asheville for $68M DST Offering

By Lisa McDuffie | July 11, 2022 Glen Allen, VA-based Capital Square has acquired the Retreat at Arden Farms Apartments, a 312-unit ...Read more

Morgan Properties has acquired Westlake at Morganton and The Preserve at Grand Oaks apartment complexes in Fayetteville, NC.

642-Unit Acquisition Brings Morgan Properties’ Fayetteville Portfolio to Five

By Lisa McDuffie | July 08, 2022 Morgan Properties has acquired two Class A apartment communities totaling 642 units in Fayetteville...Read more

Matthew Pollard has been named senior brokerage associate in the Columbia office of Colliers | South Carolina

Colliers, Columbia Onboards Matthew Pollard as Senior Brokerage Associate

By Lisa McDuffie | July 07, 2022 Colliers | South Carolina has welcomed Matthew Pollard as senior brokerage associate in its Columbi...Read more

Fogelman Properties has acquired Westbury Mews apartments in Summerville, SC for $23.8 million.

Fogelman Properties Buys $24M Multifamily Property in Summerville

By Lisa McDuffie | July 06, 2022 Memphis, TN-based Fogelman Properties has acquired Westbury Mews, a 132-unit garden-style multifami...Read more

Clear Path Asset Management has purchased an office building at 5520 Capital Center Drive in Raleigh, NC for $9.3 million.

Clear Path Asset Management Buys $9M Off-Market Office in Raleigh

By Lisa McDuffie | July 05, 2022 JLL has closed the $9.3-million sale of 5520 Capital Center Drive, a fully leased office building t...Read more

Nova Capital Partners has sold the Quorum Business Park in Charlotte, NC for $23.5 million.

209K-SF Quorum Business Park in Charlotte’s Crownpoint Trades for $24M

By Lisa McDuffie | July 01, 2022 CBRE has arranged the $23.5-million sale of Quorum Business Park, an eight-building office park tot...Read more

Berkadia has secured a $65-million loan for Myers Apartment Group to refinance the Exchange at Holly Springs apartments in Holly Springs, NC.

Myers Apartment Group Lands $65M Refi for Class A Multifam in Holly Springs

By Lisa McDuffie | June 30, 2022 Berkadia has secured a $65-million loan on behalf of Myers Apartment Group for the refinancing of E...Read more

Kevin Allen has been named head of Aline Capital’s new commercial insurance division.

Aline Capital Appoints Kevin Allen to Guide Launch of Insurance Division

By Lisa McDuffie | June 30, 2022 Greenville, SC-based Aline Capital has named Kevin Allen as head of its new commercial insurance di...Read more

Neyland Apartment Associates has sold the Amaze @ NoDa multifamily in Charlotte for $90.9 million.

TKC Brokers $91M Sale of Multifamily in Charlotte’s NoDa District

By Lisa McDuffie | June 29, 2022 The Kirkland Company has arranged the $90.9-million sale of Amaze @ NoDa, a recently developed 298-...Read more

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