State: North Carolina - NC

November 22, 1999 NEW YORK – Investcorp International teamed up with Crow Holdings to buy the Centrum Shopping Center in Charlotte for $25 million, or $92.60/sf.The seven-year-old property contains 270,000 square feet and is nearly full. Tenants include Kmart, TJ ...

November 2, 1999 JACKSONVILLE, Fla. – Koger Equity Inc. (AMEX:KE) paid $64.1 million for four recently constructed office buildings from Crescent Resources Inc., a private company in South Carolina.The four buildings total 491,200 square feet and are fully leased. Koger ...

October 22, 1999 ATLANTA – Atlanta-based Jameson Inns Inc.(Nasdaq: JAMS), owner of Jameson Inn and Signature Inn hotels, completed the purchase of land for a new Jameson Inn in Wilmington, North Carolina. When completed, the hotel will feature Jameson's new ...

September 13, 1999 NEWTOWN SQUARE, Pa. – Brandywine Realty Trust (NYSE:BDN) has sold the Twin Forks Office Park, a 73,500-square-foot office complex in Raleigh, N.C., for $7.75 million, or $105.57/sf.The fully leased property was sold to Taylor Family Ranch LLC. ...

September 9, 1999 By The Associated PressNEW BERN, N.C. (AP) – A state panel studying ways to reduce runoff pollution in coastal sounds and rivers has backpedaled on its previous plan to restrict all permanent structures 30 feet from the ...

September 7, 1999 JACKSONVILLE, Fla. – Koger Equity Inc. (AMEX: KE) said it completed the sale of two office parks totaling 1.1 million square feet in Charlotte and Jacksonville to Lennar Partners Inc. (NYSE: LNR) for $70 million, or nearly ...

August 27, 1999 NEW YORK – Cornerstone Properties Inc. (NYSE:CPP) said it sold Charlotte Plaza to a public pension fund for $89 million, or $145/sf.The 17-year-old office building sits in the central business district of Charlotte. It contains 612,000 square ...

August 25, 1999Dying Clearwater Mall to rise from ashesTampa Tribune, August 25CLEARWATER, Fla. – The 26-year old Clearwater Mall may be torn down and replaced with an open air retail center. The 964,000-square-foot mall located on 75 acres U.S. 19 ...

August 24, 1999EastGroup buys five propertiesTampa Bay Business Journal, August 23TAMPA – EastGroup Properties bought five industrial buildings in the Tampa area, adding 184,000 square feet to its local portfolio. The Jackson, Miss.-based real estate investment trust paid $6.2 million ...

August 23, 1999Cherokee investment fund totals $260 MlnTriangle Business Journal, Aug. 23RALEIGH – Part capitalist, part environmentalist, Tom Darden has combined the two sides of his persona in a huge fund that will buy and clean up contaminated properties nationwide. ...