Maturing CMBS Mall Loans Start Piling Up
July 23, 2021
INITIAL PRICING: Benchmark Mortgage Trust, 2021-B27
July 16, 2021
City: Charlotte
Venture Buys 370,000-SF Office Park in Charlotte, N.C.
Charlotte Business Journal A venture of CP Group and Siguler Guff has bought the 370,000-square-foot Harris Corners office park in Charlotte, N.C. The seller and purchase price were not disclosed. The three-building complex, just off Interstate 77 at Harris Boulevard, ...
EverWest Buys 178-Unit Apartment Complex in Charlotte, N.C., for $64.1Mln
Charlotte Business Journal EverWest Real Estate Investors has bought The Mint, a 178-unit apartment property in Charlotte, N.C., for $64.1 million, or about $360,112/unit. The Denver company purchased the seven-story complex, at 425 West Trade St., from Spectrum Cos. of ...
Scarlet Pointe apartment property
ReadyCap Commercial provided $35.3 million of financing to help fund the purchase and a planned renovation. The property is about 85 percent occupied.
Southwood Realty Pays $60Mln for Charlotte-Area Apartments
Charlotte Business Journal Southwood Realty has paid $60 million, or about $178,571/unit, for the 336-unit Concord Ridge apartment property in Concord, N.C., about 19 miles northeast of Charlotte, N.C. The Gastonia, N.C., company bought the property, at 3635 Coventry Commons ...
Work to Start This Month on 755,928-SF Spec Industrial Building in Kannapolis, N.C.
Charlotte Business Journal Trammell Crow Co. is starting construction this month on a 755,928-square-foot industrial building in Kannapolis, N.C., about 27 miles northeast of Charlotte, N.C. The Dallas developer is building the property, on a speculative basis, on a 94-acre ...
1.9Mln-SF Industrial Project Coming to China Grove, N.C.
Charlotte Business Journal The Silverman Group is developing the two-building 85 North Logistics Center industrial project in China Grove, N.C., about 35 miles northeast of Charlotte, N.C. The Basking Ridge, N.J., company recently paid $10.5 million for the project's nearly ...
XPO Logistics Fully Leases Large Industrial Building in Statesville, N.C.
Charlotte Business Journal XPO Logistics has agreed to fully lease a 639,800-square-foot industrial building in Statesville, N.C., about 41 miles north of Charlotte, N.C. Lexington Realty Trust owns the property, at 2203 Sherill Drive, and was represented in the deal ...
558,900-SF Industrial Property in Fort Mill, S.C., Sold for $48.5Mln
Charlotte Business Journal Hartz Mountain Industries has sold the 558,900-square-foot Carowinds Distribution Center in Fort Mill, S.C., for $48.5 million, or about $86.78/sf. Stoltz Real Estate Partners bought the property, which sits on Crestmont Drive just off Lakemont Boulevard, about ...
Gastonia, N.C., Apartment Complex Sells $19.1Mln
Charlotte Business Journal FriedLam Partners has bought The Cove Apartment Homes, a 176-unit complex in the Charlotte, N.C., suburb of Gastonia, N.C., for $19.1 million, or about $108,523/unit. The seller was not disclosed. The property, at 1850 Yellowstone Court, includes ...
Charlotte’s Packard Place Sold for $15.4Mln
Charlotte Business Journal Northpond Partners has paid $15.4 million, or about $162.11/sf, for Packard Place, a 95,000-square-foot office and retail building in Charlotte, N.C. The Chicago company bought the property, at 222 South Church St. in the city's Uptown neighborhood, ...
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