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Hartz Mountain Drops $55M on Charlotte Industrial Asset

Hartz Mountain Drops $55M on Charlotte Industrial Asset

New Jersey-based Hartz Mountain Industries, Inc. has acquired the one-million-square-foot RSI Distribution Center in Metro Charlotte, paying $55.7 million, Cushman & Wakefield | Talhimer announced.…

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Waitt Co. Drops $39.5M on Office Portfolio in Suburban Charlotte Market

Waitt Co. Drops $39.5M on Office Portfolio in Suburban Charlotte Market

Omaha, Nebraska-based Waitt Company has purchased a 178,317-square-foot suburban office portfolio in Fort Mill, SC, paying $39.5 million or $222 per square-foot.…

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Cushman & Wakefield | Thalhimer Completes Sale of 123KSF Industrial HQ

Cushman & Wakefield | Thalhimer Completes Sale of 123KSF Industrial HQ

Cushman & Wakefield | Talhimer has announced completing the sale of South Point Business Center, a 123,200-square-foot single-tenant industrial headquarters facility in Charlotte’s Southwest submarket.…

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Charlotte Ranks Among 20 Cities with Highest Rent Increases

Charlotte Ranks Among 20 Cities with Highest Rent Increases

The National Association of Realtors (NAR) has named Charlotte among the top twenty cities with the highest rent growth over the past five years.…

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Novant Health Joins 90-acre Waverly as Medical Office Anchor

Novant Health Joins 90-acre Waverly as Medical Office Anchor

Charlotte-based commercial developers Crosland Southeast and Childress Klein have announced regional medical service provider Novant Health as the medical office anchor for their mixed-use, master-planned development Waverly.…

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Cortland Partners Buys 3,265 Charlotte Apartments for $274M

Cortland Partners Buys 3,265 Charlotte Apartments for $274M

Atlanta-based real estate investment firm Cortland Partners has made quite the splash in Charlotte’s apartment market, picking up nine communities totaling over 3,200 units for $273.9 million…

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DPJ Residential to Develop $10M, 77-Unit Boutique Apartment Community

DPJ Residential to Develop $10M, 77-Unit Boutique Apartment Community

Charlotte-based boutique apartment developer DPJ Residential is gearing up to break ground on a 77-unit multifamily project on Freedom Drive, near Charlotte’s Uptown.…

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DTZ Brokers Over 280K SF of Industrial Sales in Booming Charlotte Market

DTZ Brokers Over 280K SF of Industrial Sales in Booming Charlotte Market

By Eliza Theiss, Associate Editor Quinn Management has sold over 30,000 square feet of industrial property to Titan Electric Co., DTZ announced. The sale involved two properties: a 25,095-sq.-ft. building at 2198 Wilkinson Boulevard and a 5,032-sq.-ft. property at 2130 Wilkinson Boulevard. The latter is currently occupied by Fastenal, which…

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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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