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State: North Carolina - NC

Phillips Place retail property

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., ...

Legacy Union 6Hundred

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 ...

Tryon Farms Apartments

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. ...

Sharon Crossing Apartments

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 ...

Graces Reserve Apartme

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 ...

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