David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
State: North Carolina - NC
2-Building Office Complex in Winston-Salem, N.C., Sold for $19.05Mln
Triangle Business Journal Black Mountain has bought the two-building West End Center office complex in Winston-Salem, N.C., for $19.05 million, or $40.95/sf. The Fort Worth, Texas, energy company purchased the 465,148-square-foot property from a pair of limited liability companies tied to ...
Hawthorne at the Parkway
The property has been rebranded as Crestline Cary. It was built in 1992 and is 92% leased. The property is encumbered by a $40.7 million Fannie Mae loan that pays a fixed rate of 3.06% and matures in November 2028, ...
Clarion Partners Buys Raleigh, N.C., Shopping Center for $26.95Mln
Triangle Business Journal Clarion Partners has bought Midtown Corner, a 69,070-square-foot shopping center in Raleigh, N.C., for $26.95 million, or $390.18/sf. The New York company purchased the retail property from Ram Realty Advisors of Palm Beach Gardens, Fla., which had owned ...
DRA Advisors Pays $60.85Mln for Cary, N.C., Apartment Complex
Triad Business Journal DRA Advisors has paid $60.85 million, or $246,357/unit, for the 247-unit Hawthorne at the Parkway apartment complex in Cary, N.C. The New York company purchased the three-story property Hawthorne Residential Partners of Greensboro, N.C., which had acquired ...
Linville Building
Perkins Fund of Raleigh, N.C., purchased the building, which was built seven years ago on a 6.5-acre site at 10130 Perimeter Parkway. It is 74% leased and includes 494 parking spaces.
Penzance Pays $65Mln for Charlotte, N.C., Apartment Complex
Charlotte Business Journal Penzance has bought Presley Oaks, a 318-unit apartment complex in Charlotte, N.C., for $65 million, or $204,403/unit. The Washington, D.C., investment firm purchased the 19-building property from American Landmark Apartments of Tampa, Fla. Presley Oaks was built in ...
Live on Hillsborough student-housing complex
An affiliate of Delaware Life Insurance Co. has bought the 376-bed Live on Hillsborough student-housing complex in Raleigh, N.C., for $52.7 million, or $140,160/bed. The Zionsville, Ind., company purchased the 203-unit property from a venture of TPG Angelo Gordon and ...
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
