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State: North Carolina - NC

3609 South Blvd.

InvenTrust Properties Corp. has paid $16.6 million, or $564.36/sf, for the 29,414‑square‑foot retail center at 3609 South Blvd. in Charlotte, N.C. The Downers Grove, Ill., REIT purchased the property from an affiliate of Cedar Square, a Charlotte company formerly known ...

Azalea Building

Anchor Health Properties has bought the 151,993-square-foot Azalea Building in Charlotte, N.C., for $59.5 million, or $391.47/sf. The Charlottesville, Va., company purchased the office property from The Harris Land Co. of Charlotte. Azalea Building, at 6324 Fairview Road, was built ...

The Shops at Franklin Square

An affiliate of Piedmont Capital has purchased The Shops at Franklin Square, a 134,239-square-foot shopping center in Gastonia, N.C., for $24.5 million, or $182.51/sf. The Charlotte investor acquired the retail property from an affiliate of Medalist Diversified REIT of Richmond, ...

13005 Sam Neely Road

The building sits within the 77-acre Westinghouse Logistics Park, roughly 10 miles southwest of Charlotte's Uptown submarket. The rail‑served facility was built in 2022 and is fully leased to The Home Depot.

Sheraton Raleigh Hotel

White Lodging has paid $27.75 million, or $78,612/room, for the 353-room Sheraton Raleigh Hotel in the city's downtown area. The Merrillville, Ind., hotel management company purchased the property from an affiliate of PM Hotel Group of Chevy Chase, Md., which bought ...

Greylyn Business Park

Greylyn Business Park sits on 55 acres at 9101-9535 Monroe Road in Charlotte's East Forest neighborhood, about 17 miles southeast of Charlotte-Douglas International Airport. The property was built between 1965 and 1998 and is 93 percent leased to 91 tenants.

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