An Atlanta-based real estate investment firm is adding $1B in warehouses and distribution centers to its portfolio from Blackstone’s Link Logistics. Stonemont, in a joint venture with Los Angeles-based PCCP, bought a 38-building portfolio totaling 5.9M SF in markets including Austin, central Florida,…
Charlotte is in the early stages of working toward a new data center policy amid a development moratorium, part of a growing wave of project pauses happening in jurisdictions around the country. Since its 150-day moratorium began in June, city staff…
A new nontraded multifamily REIT was born this week as part of a $617M recapitalization of more than 60 properties, including an under-construction apartment tower in Manhattan. Grubb Properties’ 8 Carlisle St. multifamily project is expected to top out this…
Lincoln Property Co. has purchased Charlotte-based developer The Spectrum Cos. in a deal that Lincoln says will help it grow its footprint across the Carolinas. Dallas-based Lincoln will combine its Carolinas platform with Spectrum and will also include Spectrum’s northern…
PPR Capital Management just began investing in the build-to-rent housing sector last year, and now it is looking to pounce on a market it sees as benefiting from the new federal housing law. The Wayne, Pennsylvania-based firm this week is…
It’s not just New York and California — the office market is getting healthier across the country. Bisnow/created with ChatGPT National office vacancy rates declined 10 basis points in the second quarter, with more than half of the 92 markets…
Norway’s sovereign wealth fund is going local with its latest investment in U.S. real estate. Norges Bank Investment Management invested $500M with Asana Partners to buy high-quality neighborhood retail assets, the Charlotte-based retail investment firm announced Tuesday. It is at…
Law firms across the country have watched their caseloads explode under a triple whammy of increased artificial intelligence usage, rising regulatory uncertainty and a more litigious business climate. These new business challenges have supercharged law practices’ growth. Flush with cash, they have…
New York-based DLC Management Corp. has acquired an open-air shopping center in Charlotte’s Northlake neighborhood. The center, Perimeter Woods, sits at 10125 Perimeter Parkway, across from Northlake Mall, and is accessible via Interstates 485 and 77, the Charlotte Business Journal…
Charlotte-based Atrium Health is seeking to build its first hospital in Metro Atlanta. Atrium is proposing to build an acute care general teaching hospital on a 40-acre campus in Fulton County, according to a filing with the Georgia Department of…
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