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06/19/2018
Durham-Based Firm Snaps Up 14-Bldg. Vanguard Center
Durham-based investment firm The Dilweg Cos. acquired the 14-building Vanguard Center in Charlotte, NC in two separate transactions for an undisclosed price, bringing the firm’s total Charlotte office holdings to more than 1.7 million square feet. True...

06/18/2018
Trinity Capital Breaks Ground on Toringdon 7 in Charlotte
Credit: Gensler Locally-based Trinity Capital Advisors broke ground on Toringdon 7, the seventh and final office building to be built in South Charlotte’s Toringdon Office Park. The eight-story Toringdon 7 is set to total 198,195 square feet and is...

06/18/2018
Fab Fun Furniture Company Leases 26,000 SF in Matthews
Fab Fun Furniture Company, a furniture retailer, signed a 25,685-square-foot lease wat the Ross Plaza Shopping Center in Matthews, NC with the landlord, Ross Development. Located at 1834 Matthews Township Pkwy., the retail center was built in 1994...

06/18/2018
Agellan Continues Office Exit, Moves Closer to Industrial Pure Play
Toronto-based Agellan Real Estate Investment Trust is selling a 118,500-square-foot office building in Charlotte, NC, a move expected to advance its goal of being an industrial-focused entity. The REIT has conditionally sold a five-story, multi-tenant...

06/14/2018
Buyers Getting Picky Over Big Apartment Offerings
Pictured: Wesley Village in Charlotte, NC, one of 11 communities HFF sold in a 3,039-unit portfolio to eight different buyers over the course of one year for an aggregate price of $480.6 million.It should be the high-season for sales of large apartment...

06/13/2018
Beacon Partners Puts 500 East Morehead Up for Sale in Charlotte’s Midtown/Southend
Beacon Partners, a locally-based developer and investor, retained Holliday Fenoglio Fowler (HFF) to shop its 178,336-square-foot office building, 500 East Morehead in Charlotte, NC, to potential buyers. Beacon completed construction on 500 East Morehead...

06/13/2018
JLL Taps Ix to Lead Retail Operations in the Carolinas
Greg Ix joined Jones Lang LaSalle's (JLL) Charlotte, NC office as a senior vice president. In his new role, Ix will be leading the firm's retail operations throughout the Carolinas, overseeing an existing retail team that specializes in tenant representation...

06/09/2018
UPDATED: IKEA Calls Off Plans for Big Box Stores in Three US Markets
After opening 27 stores in the U.S. in the past 15 years, iconic Swedish component-furniture retailer IKEA has called off expansion plans in three markets while it considers making potentinally far-reaching changes to its growth plans in a rapidly changing...

06/07/2018
American Landmark Strengthens Charlotte Presence with 460-Unit Apt. Complex Buy
American Landmark, a multifamily owner an operator, expanded its Charlotte, NC footprint by purchasing the 460-unit The Madison multifamily community from Bridge Investment Group for an undisclosed price. Formerly known as Matthews Crossing Apartments...

06/04/2018
RoundPoint Mortgage to Relocate HQ to Southbridge in Fort Mill
Credit: RoundPoint Mortgage Servicing Corp. In an effort to accommodate the company’s expansion, RoundPoint Mortgage Servicing Corp. will be relocating from its current headquarters in Charlotte, NC to a build-to-suit, 150,000-square-foot office building...

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