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70-Unit Affordable Housing for South Charlotte; NorthMarq Arranges Financing for Metrolina Apartments

70-Unit Affordable Housing for South Charlotte; NorthMarq Arranges Financing for Metrolina Apartments

Affordable housing could be on its way to South Charlotte, as Charlotte City Council has approved a rezoning request for a 7.23-acre site on Weddington Road, clearing the way for the Charlotte-Mecklenburg Housing Partnership (CMHP) to develop an up to 70-unit subsidized apartment complex.…

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Luxury Apartments Sell for $59M in Charlotte

Luxury Apartments Sell for $59M in Charlotte

Invesco Real Estate, the real estate branch of global diversified independent investment management firm Invesco, has acquired the 10-acre Junction 1504 apartment community for $59 million…

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Crescent Developing 556-Acre Master-Planned Asset Outside Charlotte

Crescent Developing 556-Acre Master-Planned Asset Outside Charlotte

Crescent Communities is developing a 556-acre, master-planned community in York County, S.C., that is the company’s first new residential project in the Charlotte area in five years. …

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Patriot Equities Sheds 1.5MSF Charlotte Industrial Complex for $50M

Patriot Equities Sheds 1.5MSF Charlotte Industrial Complex for $50M

A joint venture formed by New York-based LRC Properties, LLC and New York Life have completed the purchase of a 1.5 million square-foot multi-tenant industrial complex in Charlotte for an acquisition price of $50,525,000, announced Cushman & Wakefield | Talhimer.…

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Cushman & Wakefield | Talhimer Lands 325KSF Leasing Assignment

Cushman & Wakefield | Talhimer Lands 325KSF Leasing Assignment

Maersk Inc. has awarded the leasing assignment of its 325,000-square-foot regional office to Cushman & Wakefield Talhimer, announced the Mid-Atlantic’s leading commercial real estate firm.…

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Lincoln Harris Eyes 480KSF Office Project, Amid Strengthening Market Fundamentals

Lincoln Harris Eyes 480KSF Office Project, Amid Strengthening Market Fundamentals

Charlotte-based Lincoln Harris has announced plans to develop 480,000 square feet of office space on the former Maersk site in SouthPark, according to a report by the Charlotte Business Journal. Dubbed the Capitol Towers at Carnegie due to design and architecture evocative of Washington D.C., as well as the site’s…

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Schletter Celebrates140KSF Facility Grand Opening; DataChambers Breaks Ground on 50KSF Data Center

Schletter Celebrates140KSF Facility Grand Opening; DataChambers Breaks Ground on 50KSF Data Center

Schletter Inc., a global manufacturer of photovoltaic mounting systems has celebrated the grand opening of its new North American headquarters and manufacturing site in Shelby, NC.…

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Parkway Sheds Charlotte Office Complex for $37.5M; California REIT Buys into NC Hotel Market

Parkway Sheds Charlotte Office Complex for $37.5M; California REIT Buys into NC Hotel Market

Newport Beach, Calif.-based REIT MIG Real Estate has announced the purchase of Homewood Suites Charlotte Airport, operated by Raleigh-based Concord Hospitality Enterprises.…

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JV Breaks Ground on 331-Unit Apartment Project

JV Breaks Ground on 331-Unit Apartment Project

1100 South Boulevard, Charlotte’s newest apartment development has broken ground, announced USAA Real Estate Co.…

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Southern Apartment Group Relocates HQ; Hyatt Opens in Luxury Condo Project

Southern Apartment Group Relocates HQ; Hyatt Opens in Luxury Condo Project

Southern Apartment Group, a major player in the Metrolina multifamily market, has announced the relocation of its corporate headquarters to the rehabbed historic Grinnell Water Works Building.…

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The Connor Group Increases Charlotte MF Assets; REIT Buys Assisted Living Facility in $15M Portfolio

The Connor Group Increases Charlotte MF Assets; REIT Buys Assisted Living Facility in $15M Portfolio

Centerville, Ohio-based The Connor Group has announced the acquisition of its third Charlotte apartment community, The Retreat at McAlpine Creek. The Ohio real estate investment firm purchased the 400-unit South Charlotte apartment asset from Professional Accomodator Inc. for an undisclosed ammount.…

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Multi-Housing Advisors Brokers Sale of Charlotte Apartment Communities for $24.2M

Multi-Housing Advisors Brokers Sale of Charlotte Apartment Communities for $24.2M

Multi Housing Advisors (MHA)has announced brokering the sale of six non-portfolio apartment communities in North Carolina totaling 1,261 units for a total of $34.4 million, of which $24.4 represented the total sale price of the Charlotte assets.…

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