Charlotte Pipe & Foundry named Trammell Crow Co. developer of the first phase of the company’s former manufacturing site in Charlotte, North Carolina. The Dallas-based real estate company will also be the master planner for the entire 55.5-acre former foundry…
Noble Investment Group purchased two acres off Interstate 295 for $2 million in order to develop a four-story, 13,550-square-foot StudioRes by Marriott, an extended-stay hotel with 124 rooms. It bought the land from Harmony Farms of Jacksonville. The new Marriott…
The project calls for a 20-story apartment building with 650 units, two 2-story buildings with 175,000 square feet of commercial space, and an up-to 12-story building with 200,000 square feet of office space and 250 hotel rooms (photo). The Atlanta…
A joint venture team made up of SYNCO Properties and Schlosser Development obtained an $80.8 refinancing for The Colony Southpark, a recently completed 340-unit multifamily community in Charlotte. Nate Sittema, Kristen Reilley, and Ben Hardee with CBRE Capital Markets’ Debt…
New York City-based fashion brand Alex Mill has signed a lease at Rockefeller Center, slated to open holiday 2024. Alex Mill’s new location at 1 Rockefeller Plaza will be the brand’s third brick-and-mortar store, spanning approximately 1,752 square feet. The brand was founded in 2012 by Alex Drexler, with…
SR Real Estate Partners and Circle Squared Alternative Investments procured $77 million for the refinancing of Junction 49, a new 754-bed student housing community located at 7600 University City Blvd. in Charlotte. The loan was provided by Macquarie Capital Principal…
Large-scale loans helped drive significant credit changes in newly delinquent loans, cured loans and modified loans during July, Trepp reported. For example, the office CMBS delinquency rate rose 54 basis points last month to 8.09%, with a single loan–the $670-million…
201 N. Charles St., an office property in downtown Baltimore, sold on August 15 for $3.1 million via an online auction on TenX to an unidentified buyer, according to the Baltimore Business Journal. State records show the seller was RSS…
Urban Design Partners hopes to get approval from a local planning agency in Sanford to build a new shopping center and hotel. The 12.54-acre property off Kelly Drive could house a 45,000-square-foot grocery store, a four-story hotel and more. Sanford…
Capital Square has been granted zoning approval by the Richmond City Council to develop an eight-story mixed-use apartment community and luxury hotel in the Scott’s Addition designated opportunity zone in Richmond, Virginia. The development will be funded with proceeds from…
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