The DeKalb County Board of Commissioners rezoned land surrounding the Indian Creek station, the final stop on the Blue Line located off Durham Road and adjacent to Interstate 285. The approval will allow for a dense makeover of the 64-acre…
Multifamily residential developer Laurel Street started work on Springhouse Square, a new mixed-income, multi-generational apartment development located at 3800 Shamrock Drive in east Charlotte. The first units will be available by spring of 2025, and the project will be fully…
EQT Exeter paid $36.25 million ($125/square foot) for an office/industrial portfolio within Satellite Place at Commerce Ave in Duluth, Georgia. The portfolio, spanning 289,921 square feet, is a collection of four flex industrial /R&D/office buildings. The offering comprises three industrial…
The Catawba Nation will break ground on a new $700 million casino complex, Two Kings Casino Resort, in Kings Mountain, NC. The first phase includes an “introductory casino” with 1,350 electronic gaming machines, 12 table games, a 40-seat restaurant and…
Scannell used to own a ten-million-square-foot master-planned industrial campus in Savannah. As of this week, it’s now just over 9.5 million square feet. The company sold 413,000 square feet to DWS for $50.8 million. DWS acquired Rockingham Farms Building 10,…
Bank of America Corp is leaving its space in Fifth Third Center at 201 N. Tryon St., where it occupies 316,751 square feet after its lease expires in July 2025. That office is located across from its global headquarters at…
A mental health treatment program has bought a 111-key Hampton Inn & Suites along North Druid Hills Road for $17 million, to expand its services. Skyline Trail has also purchased an adjacent restaurant property along Buford Highway late last year….
Ross Dress for Less has been assured $45 million in government incentives should it build a 1.7 million-square-foot distribution center in Randleman, south of Greensboro. The North Carolina Economic Investment Committee has promised $8.4 million, and Randolph County and Randleman…
KBS has secured a $38 million loan to refinance Crossroads Distribution Center, a four-building, 496,723-square-foot industrial property in Charlotte, North Carolina. Crossroads Allen Aldridge added, “It is accessible to rail, road, air, and water transportation, including ports along the Eastern seaboard….
CBRE has arranged a $34.2 million senior loan and a $11.7 million preferred equity investment to finance the acquisition of The Preston, a 334-unit apartment complex in McDonough, Georgia, approximately 30 miles southeast of downtown Atlanta. Blake Cohen and Charlie…
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