Triangle Business Journal Timberline Real Estate Ventures has bought The Wilde, a 210-unit student-housing property in Raleigh, N.C., for $44.35 million, or $211,190/unit. The New York company purchased the 16-building complex from Cardinal Group of Denver, which had acquired it ...
Triangle Business Journal Lightstone Group has bought two industrial properties totaling 244,696 square feet in the Raleigh, N.C., area for $23.1 million, or $94.40/sf. The New York company purchased the 125,200-sf building at 9257 Highway 70 West in Clayton, N.C., ...
The local REIT is buying the five-year old building from its developer, Kane Realty Corp., also of Raleigh, which had completed it in 2020. The 20-story building, which is fully leased, includes an eight-story parking garage and is across from ...
Highwoods Properties Inc. has agreed to buy the 346,000-square-foot Advance Auto Parts Tower at 4200 Six Forks Road in the North Hills area of Raleigh, N.C. The local REIT is buying the five-year old building from its developer, Kane Realty ...
Highwoods Properties Inc. has sold the 170,000-square-foot 4800 North Park office building and two adjoining parcels, at 5005 and 5009 Memory Road, in Raleigh, N.C., for $21.35 million. The Raleigh REIT sold the six-story building and the two parcels to ...
CityPlat has paid $14 million, or $118.64/sf, for the 118,000-square-foot former Kmart store building at 4500 Western Blvd. in Raleigh, N.C. The local investor purchased the shuttered retail property from Jack A. Sneeden Corp., a Wilmington, N.C., company that had ...
Commercial Real Estate Direct Staff Report Highwoods Properties Inc. has sold the 170,000-square-foot 4800 North Park office building and two adjoining parcels, at 5005 and 5009 Memory Road, in Raleigh, N.C., for $21.35 million. The Raleigh REIT sold the six-story ...
A court-appointed receiver oversaw the sale of the three-story property to the Atlanta company, after its previous owner, Silver Point Group of Lakewood, N.J., defaulted on a $44.13 million loan against the apartments. The loan is securitized through MF1 Ltd., ...
Triad Business Journal CityPlat has paid $14 million, or $118.64/sf, for the 118,000-square-foot former Kmart store building at 4500 Western Blvd. in Raleigh, N.C. The local investor purchased the shuttered retail property from Jack A. Sneeden Corp., a Wilmington, N.C., ...
Triad Business Journal St. Clair Holdings has purchased the Brentmoor Apartments, a 228-unit property in Raleigh, N.C., for $45.6 million, or $200,000/unit. A court-appointed receiver oversaw the sale of the three-story property to the Atlanta company, after its previous owner, ...
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