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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...

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...

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...

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...

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...

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...

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...

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...

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...

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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