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The buyer assumed $11.2 million of financing that Deutsche had provided. It has renamed Landmark at Battleground Park.
Charlotte-Raleigh CityBizList Highwoods Properties Inc. has bought a pair of class-A office buildings in Greensboro, N.C., for $32.8 million, or $168.21/sf. The properties, which are a combined 95.5 percent leased, are in the city's Green Valley submarket.
94 percent leased. The Boston REIT is assuming a $13.6 million mortgage against the property that is securitized through Wachovia Bank Commercial Mortgage Trust, 2006-C28. The interest-only loan matures on Aug. 1, 2016, and pays a coupon of 6.22 percent.
Winthrop Realty Trust has agreed to pay $17.5 million, or $61,620/unit, for the 284-unit Lake Brandt Apartments at 2403 Lake Brandt Place in Greensboro, N.C. The Boston REIT is assuming a $13.6 million mortgage against the property that is securitized ...
The Business Journal of the Greater Triad Area Acquisitions & Development Resources is planning a $20 million mixed-use project for Greensboro, N.C. The project is going up on a 12-acre site at 3320 Horse Pen Creek Road. Plans call for ...
The Business Journal of the Greater Triad Area Signature Property Group has proposed developing the second phase of the Gardens at Anthony House apartment community in Greensboro, N.C. The Greensboro company is planning the 216-unit addition for 12 acres on ...
The Business Journal of the Greater Triad Area Brantley Properties has bought the 288-unit Reserve at Bradbury Place apartment complex in Goldsboro, N.C., for $25.3 million, or about $87,847/unit. The Greensboro, N.C., company bought the property, which was developed in ...
The Business Journal of the Greater Triad Area The retail vacancy rate for North Carolina's Triad area was 9.6 percent during the fourth quarter, down from 10.8 percent a year earlier. That's according to a study by Michael S. Clapp ...
The Business Journal of the Greater Triad AreaDedon Inc. has signed a lease to occupy 78,821 square feet of industrial space in Greensboro, N.C. The 10-year deal is for a new distribution center and office building at Enterprise Park II ...
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