While the construction pipeline in Charlotte has encountered some hurdles, with vacancy remaining high and deals slowing, there’s still a positive outlook for the multifamily and build-to-rent markets. A growing population, a robust job market and increased demand for rentals have…
After a multistate search, an emerging automotive manufacturer has landed on Charlotte for its corporate home. A 1968 Scout truck Scout Motors announced Wednesday it has selected Charlotte for its new headquarters. Scout will invest $206M in the 300K SF facility, which…
Charlotte’s commercial real estate market is showing reasons for optimism, thanks in no small part to the area’s robust job market. Among the 14 metropolitan areas with a population of more than 1 million people, Charlotte recorded the highest employment growth —…
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…
Despite the uncertainty in the U.S. economy, commercial real estate remains largely resilient. The multifamily, retail and industrial sectors are all strong, and there are several strong investment opportunities in these markets, as well as in workforce housing, office and more. …
Mill Creek Residential secured construction financing for a housing project in Medford. A rendering of Mill Creek Residential’s 4000 Mystic Valley Parkway in Medford. The Boca Raton, Florida-based multifamily developer closed on a $98M construction loan, the Banker & Tradesman…
JLL Capital Markets arranged $107.8M in financing for Adler Real Estate Partners’ acquisition of industrial assets in Denver, Charlotte and Houston. The package included $61.5M for the SE Denver Light Industrial Portfolio, which spans 484K SF across Arapahoe Business Park…
Fairstead closed on a $20M investment to acquire and rehabilitate Sunflower Terrace Apartments at 5050 Sunflower St. in Houston’s southern Sunnyside neighborhood. Sunflower Terrace Apartments Fairstead will work with R4 Capital, its mortgage lending affiliate R4 Capital Funding and the…
Dallas-based Lincoln Property Co. is diving deeper into the brokerage business. Courtesy of AGpicture Lincoln Property Group’s Executive Managing Director of National Brokerage Tyler Courtney. The firm, known for development and property management, hired Tyler Courtney to to bulk up its leasing services. Courtney…
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…
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