Digital Realty has closed its inaugural U.S. hyperscale development fund, an effort that represents a new approach to securing development capital for the world’s largest data center provider. At the same time, the public REIT signaled a renewed commitment to pursuing…
Capital Group is opening a major East Coast operations hub in Charlotte, the company announced in a release Thursday. An aerial view of Charlotte The new hub will be a base for the investment firm’s legal, compliance, technology and data work, and…
Queen City Quarter, a food and entertainment complex at 201 E. Trade St. in uptown Charlotte, is going up for sale, with three of its tenants currently facing eviction, The Charlotte Observer reported. The Sea Grill restaurant at Queen City…
A Blackstone affiliate is preparing to close on an $845.2M refinancing deal for a nearly 5,000-unit multifamily portfolio. Cortland University City in Charlotte The investment giant’s Blackstone Real Estate Income Trust lined up the two-year floating-rate loan with the New…
Charlotte and Raleigh have emerged as the top two retail markets in the country, according to Marcus & Millichap’s 2026 Retail Investment Forecast Report published March 12. The report weighs a mixture of forward-looking economic indicators and supply-and-demand variables over…
A North Carolina-based real estate investment firm is raising capital to try to cash in on properties that benefit from a key change in the tax code passed by President Donald Trump’s One Big Beautiful Bill Act. Madison Capital Group launched Car…
Gen Z-focused retail brand Princess Polly is deepening its brick-and-mortar push with a slew of new stores planned in the U.S. and abroad. Eight new U.S. stores are on the way from the midrange fashion company, according to a March…
The North Carolina Department of Transportation has floated allowing parts of the planned I-77 interstate expansion to be constructed underground, after dismissing the idea as too expensive just a month prior, according to a Charlotte Observer report. NCDOT indicated that underground expansion of…
Corning Inc., a major materials science company, announced last week it is halting its operations at its distribution facility in Edgecombe County, according to the Triangle Business Journal. Corning is handing off management of the 780K SF site in the Kingsboro…
A major mixed-use project in a northern Charlotte suburb has cleared a key regulatory hurdle. The Huntersville Planning Board voted Wednesday to back a rezoning proposal for a $200M mixed-use development from WLA Enterprises Inc., The Charlotte Observer reported. Knox Crossing,…
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