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Charlotte Business Journal An affiliate of Fidelity Investments has paid $37.75 million, or $190.27/sf, for the 198,400-square-foot industrial building at 6255 Shumard St. in Kannapolis, N.C., about 20 miles northeast of Charlotte, N.C. The Boston financial services company purchased the property ...
The building, which sits on 8.6 acres within the South Point Business Park, has 22-foot clear heights, 120-foot truck court, 12 dock-high doors, 10 trailer stalls, and parking for 228 cars.
Simon Property Group has purchased the 133,059-square-foot Phillips Place retail property in the SouthPark area of Charlotte, N.C. The Indianapolis REIT paid $144.8 million, or $1.088.24/sf, for the open-air property at 6800 Phillips Place Court, according to Mecklenburg County, N.C., ...
Highwoods Properties is under contract to buy Legacy Union 6Hundred, a 415,000-square-foot office building in Charlotte, N.C., for $223 million, or $537.35/sf. The Raleigh, N.C., REIT is buying the 24-story property from Lincoln, a Dallas commercial real estate firm, in ...
Charlotte Business Journal Realterm has bought the 70,004-square-foot industrial property at 7500 Statesville Road in Charlotte, N.C., for $18 million, or $257.13/sf. The Annapolis, Md., industrial real estate company purchased the site from a company calling itself CPI/DSP Southeast Terminal Charlotte Owner ...
GSL Properties Inc. has paid $58.8 million, or $245,000/unit, for the Tryon Farms Apartments in Charlotte, N.C. The Portland, Ore., company bought the 240-unit property from LivCor, an affiliate of Blackstone, which purchased it four years ago for $54.5 million. ...
LEO Impact Capital, an affiliate of JBG Smith, has bought the Sharon Crossing Apartments, a 144-unit complex in Charlotte, N.C., for $20.7 million, or $143,750/unit. The Bethesda, Md., company, which invests in workforce housing, purchased the garden-style property from Ginko ...
Argentic Real Estate Finance has provided $50 million of financing against the three-property Novi at Concord apartment complex that a venture led by Denholtz developed in the Charlotte, N.C., suburb of Concord, N.C. Denholtz, of Red Bank, N.J., developed the ...
A venture of Guardian Capital and New York Life Real Estate Investors has paid $55.5 million, or $231,250/unit, for the Graces Reserve Apartments, a 240-unit complex in Kannapolis, N.C. The venture purchased the property from an affiliate of Valor Residential ...
Triad Business Journal NorthPoint Development has bought the 73 Business Center in Greensboro, N.C., for $19.05 million, or $90.46/sf. The Kansas City, Mo., developer purchased the 210,600-square-foot industrial property from ProKidney, a Winston-Salem, N.C., biotech startup, in a deal brokered ...
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