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09/14/2018
Hurricane Florence Threatens More Than $33 Billion in Commercial Property
Hurricane Florence, an intensifying Category 3 storm nearing the shores of North Carolina and South Carolina, will imperil an estimated $33.5 billion in commercial real estate. In an analysis of the coastline from Georgetown, South Carolina, to Buxton...

09/04/2018
Planet Fitness is the Latest Tenant to Prelease Retail Space at Clemmons Town Center
Planet Fitness, a national fitness center chain, signed a 22,000-square-foot retail lease at the Clemmons Town Center, a mixed-use development located off of Lewisville-Clemmons Road in Clemmons, North Carolina. The town center, set to deliver toward...

08/30/2018
Publix to Invest $300 Million to Build Distribution Center in Greensboro, North Carolina
Grocery store chain Publix Super Markets plans to build a refrigerated distribution center in Greensboro, North Carolina, by the end of 2022, with Publix investing as much as $300 million in the first phase of a project that will receive a state grant...

08/24/2018
Medical, Educational and Religious Uses Fortify Southeastern Shopping Centers
Alex Munoz, managing director with Atlanta-based retail real estate firm, The Shopping Center Group. Courtesy: The Shopping Center Group.On the eve of the International Council of Shopping Centers' Florida conference, an expert who oversees 360 properties...

08/23/2018
Woodson Joins CBRE|Triad's Asset Services Division
Taylor Woodson joined CBRE|Triad as an assistant real estate manager in its asset services division. Woodson will be involved in the oversight and management of operational and financial activities of a commercial retail, office and industrial portfolio...

08/20/2018
Deep River Corporate Center Trades for $5.3 Million
A private investor taking title as Df Deep River LLC sold the Deep River Corporate Center in Greensboro, North Carolina, to The Melissaris Family LP for $5.3 million, or roughly $102 per square foot. Located at 8203 Piedmont Triad Parkway, the 52,000...

08/13/2018
Piedmont Triad Airport Authority Buys Vacant Office Bldg. in Greensboro
The Piedmont Triad Airport Authority purchased a vacant office building in Greensboro, NC for $3.4 million, or approximately $31 per square foot. The Airport Authority acquired the office complex from New York-based investor Raith Capital Partners...

08/08/2018
Colorado-Based Investor Acquires Loxley Chase in Winston-Salem for $16.3 Million
Interurban Cos., an investment firm based in Centennial, CO, acquired the 213-unit Loxley Chase apartment complex in Winston-Salem, NC from Graycliff Capital Partners for $16.25 million, or approximately $73,000 per unit. Located near Wake Forrest...

08/06/2018
Ebex Holdings Buys Two Adjacent Apartment Complexes in Winston-Salem for $14.8 Million
Beverly Hills, CA-based multifamily investor Ebex Holdings acquired two adjacent apartment complexes in Winston-Salem, NC from locally based Douthit and Co. for $14.76 million, or about $44,000 per unit. Both communities are located off of Anson Street...

08/02/2018
Towers Shopping Center Trades for $7 Million
Hilton Head Island, SC-based investor South Coast Commercial acquired the Towers Shopping Center in Winston-Salem, NC from a private investor for $7.03 million, or about $166 per square foot. Towers Shopping Center, located off of Interstate 40 at...

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