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Northridge Capital, Insite Properties Break Ground on The Refinery
Washington, D.C.-based private equity firm Northridge Capital, together with locally-based commercial real estate firm Insite Properties, broke ground on The Refinery, a 107,000-square-foot creative office and retail building located in the West Morehead...

Amherst Buys 1,523 Single-Family Rental Properties from Institutional Investor
Amherst Holdings acquired a portfolio of 1,523 single family rental (SFR) properties from an undisclosed institutional owner and operator of the rental properties for $153.4 million or about $100,722 per home. The acquired portfolio consists of rental...

Guess & Co. Appoints Pair to Board of Directors
Guess & Co. Corp., a luxury, industrial, health care and real estate company based in Durham, NC, has named Michelle Stewart and Keith Kelly to its board of directors. Stewart will serve as senior deputy chairman and president. A longtime industry...

Lennar Corp. Signs Lease at 500 E. Morehead St. in Charlotte
LMC, the multifamily division of Lennar Corp., signed a lease deal for 20,400 square feet in the new office building located at 500 E. Morehead St. in Charlotte, NC. The company will occupy its new space in early December. The seven-story, 178,259...

Hutton to Develop New Open-Air Retail Power Center in Fort Mill
Chattanooga, TN-based The Hutton Co. paid $10.1 million, or approximately $173,000 per acre, for a 58.53-acre site along the Charlotte Hwy. in Fort Mill, SC where the company plans to develop a new open-air retail power center dubbed The Promenade at...

Alidade Capital Acquires Four-Bldg. Office/Light Industrial Portfolio in Suburban Charlotte
Alidade Capital, a real estate private equity fund manager headquartered in Bloomfield, MI, struck a deal with the Bank of America Pension Plan to acquire a 411,434-square-foot office and light industrial portfolio located within The Park - Huntersville...

Williams Joins McCraney Property Co. as Principal-Managing Director
David Williams has been named principal-managing director at McCraney Property Co., a private regional industrial real estate investment, development and management firm headquartered in West Palm Beach, FL. Working out of the firm's newly established...

FCP Closes on 386-Unit Hunters Pointe Apts.
Federal Capital Partners (FCP), a Chevy Chase, MD-based real estate investment company that owns and manages more than $2.3 billion of assets, picked up its fourth investment in Charlotte with the purchase of Hunters Pointe Apts. for $22.2 million, or...

Echo Realty Buys Pair of Harris Teeter-Anchored Shopping Centers in Charlotte MSA
Echo Realty, a Pittsburgh, PA-based retail real estate developer, owner and operator specializing in grocery-anchored real estate, has purchased a pair of Harris Teeter-anchored shopping centers in the Charlotte, NC market in two separate transactions...

New 203-Unit Mid-Rise Apt. and Retail Complex Coming to Charlotte's SouthPark Area
ZOM Living will begin construction early next year on Hazel SouthPark, a new 203-unit mid-rise apartment and retail complex in Charlotte. Zom purchased the 2.76-acre tract at 4401 Barclay Downs Rd. earlier this month for the site of its new development...

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