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Crescent Communities Announces Five-Acre TOD in Uptown Charlotte

Crescent Communities Announces Five-Acre TOD in Uptown Charlotte

Uptown Charlotte is finally getting a full-sized grocery store. Crescent Communities has announced plans to develop a transit-oriented, mixed-use project in Uptown Charlotte that will include a 47,000-square-foot Whole Foods grocery store.…

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Dilweg Cos. Pays $25M for 172KSF Johnston Building

Dilweg Cos. Pays $25M for 172KSF Johnston Building

One of Charlotte's oldest skyscrapers, the 17-story Johnston Building has traded hands. The 172,000-square-foot office tower was picked up by The Dilweg Cos. for $25.3 million, reported The Charlotte Observer. Durham-based Dilweg acquired the Uptown property from limited liability partnership 212 South Tryon. CBRE [...]…

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JLB Partners Open 350-Unit Allure Luxury Apartment Community

JLB Partners Open 350-Unit Allure Luxury Apartment Community

JLB Partners, LP has held a ribbon cutting ceremony for the 350-unit Allure, Charlotte’s newest luxury apartment community.…

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Parkway Properties Sells 525 North Tryon for $60M

Parkway Properties Sells 525 North Tryon for $60M

525 North Tryon, one of the iconic high-rises of the Charlotte CBD has traded hands, selling for $60 million or about $147 per square-foot…

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Starwood Opens 300-Key Le Méridien Charlotte in Former Blake Hotel

Starwood Opens 300-Key Le Méridien Charlotte in Former Blake Hotel

Charlotte has welcomed the city’s first Le Méridien, with the opening of the 300-key Le Méridien Charlotte at 555 South McDowell Street, in the North Tower of the former Blake Hotel.…

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Beacon Partners and Morehead Properties Merge Office Holdings into $100M+ Portfolio

Beacon Partners and Morehead Properties Merge Office Holdings into $100M+ Portfolio

By Eliza Theiss, Associate Editor Beacon Partners and Morehead Properties, Inc. will merge their office portfolios in a move to meet the growing demand for urban infill office space. The merged entity will control office space valued at over $100 million. Expected to close in Q1 2015, the merger will…

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Crescent Communities Announces Groundbreaking for 550-Acre Master Planned Project

Crescent Communities Announces Groundbreaking for 550-Acre Master Planned Project

Leading real estate investment and operating firm Crescent Communities has announced it will soon be breaking ground on Masons Bed, a 550-acre master-planned community in Fort Mill, South Carolina.…

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Charlotte Chamber to Upgrade Offices, Renew Lease

Charlotte Chamber to Upgrade Offices, Renew Lease

The Charlotte Chamber is upgrading its offices in a bid to reflect the dynamic economic environment of the Queen City.…

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SkyHouse Uptown Developers Secure Land, Financing for Second Tower

SkyHouse Uptown Developers Secure Land, Financing for Second Tower

By Eliza Theiss, Associate Editor SkyHouse Uptown is getting an encore. Developers of the 336-unit apartment project at the corner of North Church and West 10th streets have purchased land for a second SkyHouse apartment tower, reports the Charlotte Business Journal. Grubb Properties, Novare Group and Batson Cook Construction have…

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Westwood Leases 47K SF Space to Publix at Steele Creek Crossing; Northlake Mall Sold in $1.4B Portfolio

Westwood Leases 47K SF Space to Publix at Steele Creek Crossing; Northlake Mall Sold in $1.4B Portfolio

Los Angeles-based Westwood Financial Corp. (WFC) recently announced the opening of a Publix grocery store at Steele Creek Crossing, a 77,301-square-foot retail center fully owned by WFC.…

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VIDEO: CRE Investors Set Sights on Secondary and Sunbelt Markets

VIDEO: CRE Investors Set Sights on Secondary and Sunbelt Markets

JLL’s Marisha Clinton says secondary markets such as Phoenix and Philly are gaining traction with investors seeking higher yields and now, they’re evening turning their eyes toward the tertiaries.…

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Pappas Properties Breaks Ground on $60M Berewick Town Center

Pappas Properties Breaks Ground on $60M Berewick Town Center

Charlotte-based Pappas Properties and Matthews, N.C.-based regional grocery chain Harris Teeter have broken ground on Berewick Town Center…

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