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 LLC. The property, ...
Meanwhile, Magnolia Pointe is encumbered by a $21.51 million Fannie loan that pays a 4.14% coupon and matures in April 2029. The 15-building complex was built in 2006 on 15 acres at 4801 Danube Lane. Its units have up to ...
Falls Pointe at the Park, with 15 buildings at 100 Cascade Falls Lane, serves as collateral for a $40.95 million Fannie Mae loan that pays a 2.98% coupon and matures in October 2031, according to servicer data compiled by Trepp Inc. ...
Commercial Real Estate Direct Staff Report Dominium has bought a pair of affordable-housing properties with 578 units in Durham, N.C., for $83.5 million. The Dallas developer paid $46.5 million, or $149,038/unit, for the 312-unit Falls Pointe at the Park and $37 ...
Charlotte Business Journal IDI Logistics has bought the Huntersville 77 Logistics Center, a 197,206-square-foot industrial building in Huntersville, N.C., for $27.6 million, or $139.96/sf. The Atlanta company purchased the property from its developer, Seefried Industrial Properties, also of Atlanta. Huntersville ...
Triangle Business Journal EQT Real Estate has paid $60.25 million, or $186.71/sf, for Woodlake Center VI and VII, a pair of warehouse buildings totaling 322,699 square feet in Morrisville, N.C. The Radnor, Pa., company purchased the industrial properties from ASB ...
Dwight Mortgage Trust has provided $48 million of financing for the construction of the 275-unit Sycamore at Monroe apartment property in the Charlotte, N.C., suburb of Monroe, N.C. The property is being developed by Switzenbaum & Associates of Philadelphia on ...
Charlotte Business Journal Weidner Apartment Homes has purchased the Palmetto Place Apartments, a 184-unit complex in the Charlotte, N.C., suburb of Fort Mill, S.C., for $27.7 million, or $150,544/unit. The Kirkland, Wash., company acquired the garden-style property from Palmetto Residences ...
Dallas Business Journal Singh Development has paid $52 million, or $285,714/unit, for Aura 509, a 182-unit apartment complex in Durham, N.C. The West Bloomfield, Mich., company purchased the six-story property from Trinsic Residential Group of Dallas in a deal brokered ...
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