JLL has arranged the $59 million sale of Northside Center, a 15-building light industrial and office portfolio in the Raleigh-Durham metro. Located on more than 33 acres, the 548,560-square-foot portfolio is adjacent to Interstate 440 and offers tenants easy access…
Cedar Grove Capital has acquired Hawthorne Six Forks, a 471-unit apartment community in Raleigh for $66 million. The seller was not disclosed. Henry Stimler, Bill Weber and Nick Webb of NKF secured a $46 million acquisition loan on behalf of…
National real estate investor and operator Waterton has acquired Nashboro Village, a 994-unit apartment community in metro Nashville. The sales price was not disclosed. Located at 115 Nashboro Blvd., the community was built in phases between 1974 and 1987 and…
Paint giant Sherwin-Williams is not moving its corporate headquarters to Dallas-Fort Worth. The company confirmed Thursday it will remain in Ohio and construct a new headquarters in Downtown Cleveland. Bisnow/Vanessa Infanzon The paint manufacturer also intends to develop a major research and development facility…
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…
SVP Francisco Nacorda of Mag Mile Capital completed $23,650,000 in CMBS loans for three hotels as part of a Michigan select service hotel portfolio on behalf of the borrower, Stellar Hospitality. The three transactions cover a Staybridge Suites in Grand Rapids, a…
Developer KDC has announced a partnership with the Research Triangle Foundation of North Carolina to build one million square feet of office space in North Carolina’s Research Triangle Park. The new office space will be located on 100 acres of…
Hunt Real Estate Capital provided two Freddie Mac conventional loans totaling $18.3 million to refinance two multifamily properties located in Michigan for the same sponsor, ROCO Real Estate LLC. Both loans have a 10-year term with a 30-year amortization period. “The borrower is a repeat…
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…
Cushman & Wakefield, in partnership with Avison Young, has brokered the sale of a multifamily portfolio consisting of three apartment communities in the Southeast. The sales price was not disclosed. Jimmy Adams, Tai Cohen, Taylor Bird and Marc Robinson of…
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