Charlotte
Frampton Adds Director to Charlotte Office
Chris Knight will manage project acquisition, operations and delivery on behalf of the full-service construction firm, which provides a wide array of services throughout the Carolinas.
CBRE Closes Sale of Charlotte Business Park
The new owner plans to invest in multiple upgrades to the five-building property, including rebranding it as Oakhurst Commerce Centre.
BofA Sells NC Office-Industrial Portfolio
Alidade Capital acquired the four buildings, which offer more than 400,000 square feet of space within The Park—Huntersville, one of Charlotte‘s largest mixed-use developments.
Retail RE Veteran Named Lat Purser VP
Jimmy Penman Jr. joined Charlotte-based Lat Purser & Associates in 2015 as director of leasing. He has now been promoted to the executive team and named vice president.
Baceline Acquires 2 Shopping Assets for $12M
The company acquired its first North Carolina shopping center when it acquired Galleria Village, which is currently 83 percent leased to various tenants. The company also bought Central Plaza in Minnesota, another shopping center, that is currently 92 percent occupied.
HFF Secures $21M Financing for Charlotte Office Asset
The debt placement team of Travis Anderson and Cory Fowler worked on behalf of The Fallon Co. in arranging the floating-rate mortgage.
TSCG Brings Charlotte Retail Center to Full Occupancy
Two local restaurants and a startup brewery will be the new tenants at One305 Central. The shopping center is part of a $53-million adaptive reuse project that TriBridge Residential started in 2015.
HFF Brokers $44M Sale of Charlotte Hotel
Hospitality Properties Trust purchased the Crowne Plaza Charlotte Executive Park, a 300-key hotel that underwent an extensive revamp process in 2014. Intercontinental Hotels Group will manage the asset from now on.
New Skyscraper Coming to Uptown Charlotte
Ally Financial leased the majority of Ally Charlotte Center, a 742,000-square-foot office tower built by Crescent Communities. Construction on the 26-story building is set to begin early next year.
Dual-Branded Hilton Hotel Comes to Charlotte
Managed by Chartwell Hospitality, the 270-key Hilton Garden Inn Charlotte/SouthPark and Homewood Suites by Hilton Charlotte/SouthPark is located in the state’s major commercial hub, SouthPark.