The Sonesta Extended Stay Hotel in southwest Charlotte was sold to a New York-based nonprofit on Feb. 12 and is reportedly earmarked to become housing for veterans. Marcus & Millichap announced it had brokered the sale, representing the private seller. The announcement…
Rock Hill, South Carolina, 25 miles south of downtown Charlotte, might soon see a dual-hotel project. On Jan. 6, the Rock Hill Planning Commission recommended approval of a rezoning request from an entity tied to Fort Mill-based Primo Investments, the…
Another high-end retail outlet in Charlotte will carry the Simon brand. Simon Property Group has acquired the Phillips Place mall in the SouthPark neighborhood of Charlotte, according to a press release. Phillips Place is a 134K SF, mixed-use, open-air retail center…
An Atlanta firm run by former Jamestown executives has acquired a landmark portfolio along the Atlanta BeltLine Eastside Trail. Asana Partners sold Krog Street Market, part of the Krog District. 26th Street Partners purchased The Krog District, a 180K SF…
Tishman Speyer has completed its first office acquisition in its hometown since before the pandemic. The New York City office giant, which owns Rockefeller Center and The Spiral, spent $105.5M on a fully leased, 12-story office building in Lower Manhattan. 148 Lafayette…
The ride is nearly over for the Six Flags America and Hurricane Harbor amusement park in Prince George’s County, Maryland. An aerial view of Six Flags America in Prince George’s County, Maryland The park is planning to close after this…
After claiming the third spot in 2024’s pipeline, Savannah leads the pack this year with 24.7 million square feet of space currently under construction, that’s according to the latest industrial survey by Commercial Edge. The current pipeline will expand the…
The $200 million plan to add significant new development to Birkdale Village has received a critical approval. The Charlotte Business Journal reports Jamestown received an okay from the Huntersville Board of Commissioners for a rezoning that will allow them to…
Development firm Gateway Jax will restore the Ambassador Hotel with the partnership of The Indigo Road Hospitality Group. Gateway Jax, made up of DLP Capital and JWB Real Estate Capital, manages a private equity fund focused exclusively on Downtown Jacksonville development….
Atlanta hotel developers are working double time to ensure they get their projects done before the 2026 FIFA World Cup matches, which are just 15 months away. A Moxy by Marriott is nearing a construction milestone after finishing prepping the…
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