Historic West End Partners has amassed several parcels on West Trade Street, allowing the company to pursue a mixed-use development that’s expected to be anchored by a grocery store. Historic West End Partners will collaborate with Chotomy, the development arm…
Arizona-based Rise48 is finding success in Raleigh. Less than a year after entering the market, the company made its third investment in Charlotte, paying $24.5 million for the Stone Gate Apartments at 950 Southwood Oak Lane. Rise48 purchased the property…
Crescent Communities and GTIS Partners are working together on an industrial project planned in Huntersville. The local planning board is recommending approval of a rezoning request that would allow the duo to build 450,000 square feet of industrial space at…
KHP Capital Partners is planning to convert the historic Johnston Building into a 245-room hotel with a fine-dining restaurant and coffee shop on the first floor, a ballroom, conference room and rooftop bar. The building is just over 100 years…
Westwood Financial acquired Eastway Square, a 130,156-square-foot grocery-anchored neighborhood center in Charlotte. In addition to Eastway Square, Westwood Financial owns several top-performing grocery-anchored properties in Charlotte, including Prosperity Village Square, Steele Creek Crossing, Steelecroft Shopping Center, and The Arbors at…
Penzance, along with its partner TriWest Multifamily, acquired Stoney Trace Apartments, a 380-unit multifamily community in Charlotte. Penzance purchased Stoney Trace from Bridge Investment Group for $59.8 million. Bridge purchased it in 2019 for $42.1 million. Stoney Trace is located…
Flournoy Development Group has wrapped up construction on the 341-unit, mixed-use community Ellison Mallard Creek in Charlotte. The community is located at 930 West Mallard Creek Church Rd. Ellison Mallard Creek features 210 one-bedroom units, 149 two-bedroom homes and 38…
Childress Klein has been greenlighted to convert a Charlotte office complex into a mixed-use project. The company was granted a rezoning by the towns City Council on the Esplanade at SouthPark from office to a zoning classification that will allow…
IPA Capital Markets (a division of Marcus & Millichap (NYSE: MMI)) and Green Harbor Capital secured $18 million in financing for the $32 million acquisition of a 31-story Class A office building located at 121 W. Trade Street in Charlotte. Bobby Werhane in the…
Mesirow sold a 216-unit Charlotte apartment community to Expedition Capital Advisors (ExCap) for $54.7 million. Northmarq’s Andrea Howard, John Currin, Allan Lynch, Caylor Mark, Jeff Glenn, and Austin Jackson brokered the sale of Enclave at Rivergate, a multifamily property built in 2009 and located at 12400…
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