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Simon, Tanger Factory JV Opens $90M Outlet Mall, Charlotte’s First in 10 Years

Simon, Tanger Factory JV Opens $90M Outlet Mall, Charlotte’s First in 10 Years

Simon Property Group, also known as Simon, a global leader in retail real estate ownership, has announced the grand opening of Charlotte Premium Outlets, a 398,421 square-foot upscale outlet shopping center.…

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Sealed Air and Spectra Group Bring 1,500 Jobs to Charlotte

Sealed Air and Spectra Group Bring 1,500 Jobs to Charlotte

North Carolina Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker recently made two major announcements concerning Charlotte’s job market, which will grow by over 1,500 positions thanks to a corporate relocation and an expansion.…

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Jones Lang LaSalle Income Property Trust Pays $25.5M for Charlotte Distribution Center

Jones Lang LaSalle Income Property Trust Pays $25.5M for Charlotte Distribution Center

LaSalle Investment Management has announced that Jones Lang LaSalle Income Property Trust, Inc. has purchased the 346,500-square-foot Charlotte Distribution Center in Charlotte, NC for circa $25.5 million.…

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Crescent Communities Launches 320-Unit Luxury Apartments in 63-Acre Mixed-Use Development

Crescent Communities Launches 320-Unit Luxury Apartments in 63-Acre Mixed-Use Development

Crescent Alexander Village, Crescent Communities’ 320-unit luxury apartment complex has opened in Charlotte, announced the developer.…

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Lash Group Plans to Locate New, 250,000-Sq.-Ft., Headquarters in Charlotte Metro

Lash Group Plans to Locate New, 250,000-Sq.-Ft., Headquarters in Charlotte Metro

AmerisourceBergen Corporation subsidiary Lash Group, Inc. has announced plans to develop a new national headquarters to accommodate rapid growth and consolidate operations currently divided into several locations.…

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East Charlotte Could See Development of $65M Sports Complex

East Charlotte Could See Development of $65M Sports Complex

Bojangles Coliseum and its surrounding area could be redeveloped into a $65 million amateur sports complex, pending city council approval…

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Vyne on Central Completes Second Phase; Creekside Apartments Refinanced

Vyne on Central Completes Second Phase; Creekside Apartments Refinanced

Real estate firm 759 Ventures has completed the 65-unit second phase of Vyne on Central, a condo-turned-apartment project in Charlotte’s Plaza-Midwood neighborhood…

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Ferncroft Capital Pays $45M for SouthPark Retail Asset

Ferncroft Capital Pays $45M for SouthPark Retail Asset

By Eliza Theiss, Associated Editor Charlotte-headquartered private real estate firm Ferncroft Capital recently acquired the 131,000-square-foot Morrison retail property in Charlotte’s affluent SouthPark submarket for $44.9 million. Located at the intersection of Sharon Road and Colony Road, a significant commercial artery of SouthPark and overall Charlotte and the Southeast, the…

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Spectrum Properties to Build LEED Gold Office Tower in Uptown Charlotte

Spectrum Properties to Build LEED Gold Office Tower in Uptown Charlotte

Charlotte’s Uptown is getting a new office high-rise, announced Cornerstone Real Estate Advisers.…

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Vision Ventures, Mount Vernon Sells EpiCentre to CIM Group for $130.5M

Vision Ventures, Mount Vernon Sells EpiCentre to CIM Group for $130.5M

HFF announced closing the sale of The EpiCenter a 305,147-square-foot mixed-use entertainment in Charlotte’s city center.…

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NorthMarq Brokers $2.7M Acquisition Financing; HFF Arranges Infill Retail Asset Sales

NorthMarq Brokers $2.7M Acquisition Financing; HFF Arranges Infill Retail Asset Sales

NorthMarq Capital’s Charlotte-based regional office vice president Kevin Jenkins has arranged the $2.17 million acquisition of Northlake Plaza, the company announced.…

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Welcome Hotels Purchases Comfort Inn for $3.35M from Chapter 11 Trustee

Welcome Hotels Purchases Comfort Inn for $3.35M from Chapter 11 Trustee

MBA Hotel Brokers, Inc. has announced the sale of the 153-key Comfort Inn Carowinds in Fort Mill, South Carolina, in the Charlotte metro area.…

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