State: North Carolina - NC

Mid-America Apartment Communities Inc. has paid $25.7 million for Preserve at Brier Creek, a 250-unit apartment community in Raleigh, N.C.A seller was not disclosed. The purchase also included a vacant parcel adjacent to the apartment property. Mid-America, a Memphis, Tenn., ...

Winston-Salem JournalBank of America Corp. has received permission from federal bank regulators to build a 15-story Ritz-Carlton Hotel in Charlotte, N.C. The $60 million project will sit next to Bank of America's headquarters, which will use more than 50 percent ...

Charlotte ObserverConstruction on The Park Condominiums in Charlotte, N.C., will begin after a five year battle. The 21-story tower was put on hold, even with most of its 107 units quickly selling, due to investors' doubts in the aftermath of ...

Wells REIT II has paid $23.2 million for LakePointe 5, a 112,000-square-foot office building in Charlotte, N.C.The Atlanta company purchased the property, along with a 6.9-acre parcel, on which another four-story building is being constructed, from a joint venture between ...

Commercial Real Estate Direct Staff ReportCapital Lease Funding has paid $59 million for a portfolio of three office properties totaling 377,500 square feet.The New York REIT purchased the properties from Allstate Insurance in a sale-leaseback transaction. Allstate, a Northbrook, Ill., ...

The Wall Street JournalWhile the sale of the Charlotte, N.C., Coliseum site has dragged on for months, new bidders continue to pop up. The site, formerly home to the Charlotte Hornets, includes the Coliseum and 150 acres of surrounding land. ...

Charlotte ObserverJohnson Development Associates has announced plans for a 540,000-square-foot industrial facility in Kings Mountain, N.C. The facility will be built on 129 acres near Interstate 85 and will be expandable to over 1 million sf. The project should be ...