News - Charlotte
-
AY to Oversee Sale of Major NC Master-Planned Community
The previous ownership had invested more than $100 million in improvements, including infrastructure such as roads, water, sewer, power, natural gas and fiber-optic service.
22 August 2017 10:32 -
Bonded Leases 500 KSF Metrolina Park Building
The provider of third-party logistics opened a 371,000-square-foot warehouse in an industrial park north of downtown Charlotte, N.C., and also agreed to lease the remaining 124,000 square feet of the building.
21 August 2017 20:32 -
Lincoln Harris Unveils Plans for Charlotte Observer Site
Legacy Union, a 10-acre mixed-use development at the onetime newspaper campus, is set to become one of the largest projects ever in the city’s Uptown submarket.
11 August 2017 11:45 -
Dual-Branded Charlotte Hilton Breaks Ground
The 219-key Hampton Inn & Suites/Tru by Hilton Charlotte Airport Lakepointe is expected to open in December of 2018.
10 August 2017 11:07 -
Former NC Kmart Becomes 70 KSF Self-Storage Facility
Aston Properties made its first retail to self-storage conversion by transforming an old Kmart store in Monroe into a self-storage property that will be managed by Extra Space Storage.
03 August 2017 14:18 -
SC Metal Processer to Invest $13M in Plant Expansion
Kloeckner Metals intends to add 50,000 square feet to its existing Greenville County operations. The Georgia-based company will create 19 jobs.
21 July 2017 15:04 -
Amenity-Rich Self-Storage Facility Lands New Owner
Marcus & Millichap brokered the sale of the 71,000-square-foot property in Winston-Salem, N.C. The asset was built in 2014 and has been operating since 2015.
11 July 2017 09:32 -
The Fallon Co. Shells Out $25M for Charlotte Office Asset
The firm purchased the 12-story Cameron Brown Building in Charlotte's Second Ward to serve as its regional headquarters. The Fallon Co. plans to make further investments in the growing market.
07 July 2017 17:00 -
Gehr Hospitality Nabs Four Points by Sheraton, Charlotte
BMO Harris Bank financed the acquisition. Real Hospitality Group will manage the 132-key property, which is set to undergo a significant renovation.
04 July 2017 17:14 -
Westwood Financial Lands Sixth NC Shopping Center
The Arbors at Mallard Creek, a 55,323 square-foot retail asset in Charlotte, is the company’s most recent acquisition. CBRE represented both the seller and the buyer in the $25.1 million transaction.
28 June 2017 16:09 -
CBRE Trades Charlotte Office Building
Known as 401 McCullough, the property changed hands for $12.3 million. Tempus Realty Partners acquired the vacant building from LNR Partners.
26 June 2017 20:24 -
Waverly Lands 4 New Tenants
Fab’rik, Scout and Molly’s Boutique, Babalu Tapas & Tacos and DeSano Pizza Bakery signed leases at the master-planned community developed by Crosland Southeast, Childress Klein and the B. Frank Matthews II family in Charlotte, N.C.
26 June 2017 20:21 -
Commonwealth Commercial Names Carolinas Managing Director
Alex Crouch will serve the Virginia-based company as managing director of its North and South Carolina operations. He will relocate from Richmond, Va., to Charlotte, N.C.
20 June 2017 21:04 -
Summit Hotels Lands $53M Courtyard by Marriott in Charlotte
The acquisition marks the company’s first purchase in the Charlotte, N.C., market. Summit Hotels also entered into an agreement with OTO Development to manage the 118-key hotel.
19 June 2017 21:21 -
Kimpton to Open First Charlotte Hotel
Kimpton Tryon Park Hotel is set for a fall opening in the city's central business district. Industry veteran Robert Hannigan will serve as the property’s general manager.
19 June 2017 21:13