When Charlotte Morphet started out in the planning industry at the beginning of the last decade, she felt, as she put it, “a bit miffed”. “My friend Alison Mackey [a senior planner at CBRE] and I knew there were a…
The International Council of Shopping Centers’ annual RECon retail convention in Las Vegas, one of the biggest events on the commercial real estate calendar, has been postponed. Bisnow/Joseph Pimentel Early morning crowd at ICSC RECon in Las Vegas Two days after stating that the…
Commercial real estate investor and operator Continental Realty Corp. has acquired Mount Pleasant Towne Centre, a 510,000-square-foot shopping center in Mt. Pleasant, SC. The sales price was $147 million. Located at 1218 Belk Dr., the center is nine miles northeast…
Armada Hoffler Properties has announced plans to develop Chronicle Mill, a new adaptive reuse multifamily project in Charlotte. The total construction costs are expected to be approximately $45 million. Originally built in 1901, Chronicle Mill was Belmont’s first textile mill….
Privately-owned global real estate investment firm Hines has announced that it has opened a new investment and development office in Raleigh. The office will be led by Paul Zarian, who will be responsible for sourcing and executing new development and…
Developer Crescent Communities, along with global private investment firm Starwood Capital Group, has announced plans for a new mixed-use community in Nashville’s Edgehill neighborhood. The community is located at 801 12th Ave. South, within an opportunity zone and will include…
Phillips Realty Capital has secured $27.8 million in equity financing on behalf of Woodfield Development for the development of Morrison Yard, a 380-unit multifamily community in Charleston’s NoMo neighborhood. Construction has commenced on the site, which will consist of a…
Greeting card and stationery chain Papyrus is closing all of its North American stores, with most of the closings due to take place over the next four to six weeks, USA Today reported. The chain’s parent company, Goodlettsville, TN-based Schurman Retail Group,…
Atlanta-based hamburger chain Krystal has filed for Chapter 11 Bankruptcy. The company reported assets between $10 million and $50 million, and liabilities between $50 million and $100 million. The fast-food chain operates 182 restaurants across nine states, Georgia, Tennessee, Alabama,…
Buildings at 152 Nassau St. in Downtown Atlanta, recently razed to make way for a Margaritaville Hotel. A developer has taken a large step closer to letting Atlanta visitors waste away in Margaritaville for the first time. Landmark Builders filed permits Monday with…
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