Charlotte
HFF Secures $10M Financing for NC Industrial Portfolio
Arrowridge Business Park consists of four rear-load buildings totaling 194,560 square feet of space. The portfolio is currently 98 percent leased to a mix of 26 tenants.
Hilton Hotel to Join NC Mixed-Use Project
Aston Properties traded a two-acre site at Biltmore Station for the development of a Home2 Suites by Hilton hotel in Asheville, N.C. Baywood Hotels intends to start construction this year.
AY to Oversee Sale of Major NC Master-Planned Community
The previous ownership had invested more than $100 million in improvements, including infrastructure such as roads, water, sewer, power, natural gas and fiber-optic service.
Bonded Leases 500 KSF Metrolina Park Building
The provider of third-party logistics opened a 371,000-square-foot warehouse in an industrial park north of downtown Charlotte, N.C., and also agreed to lease the remaining 124,000 square feet of the building.
Lincoln Harris Unveils Plans for Charlotte Observer Site
Legacy Union, a 10-acre mixed-use development at the onetime newspaper campus, is set to become one of the largest projects ever in the city’s Uptown submarket.
Dual-Branded Charlotte Hilton Breaks Ground
The 219-key Hampton Inn & Suites/Tru by Hilton Charlotte Airport Lakepointe is expected to open in December of 2018.
Former NC Kmart Becomes 70 KSF Self-Storage Facility
Aston Properties made its first retail to self-storage conversion by transforming an old Kmart store in Monroe into a self-storage property that will be managed by Extra Space Storage.
SC Metal Processer to Invest $13M in Plant Expansion
Kloeckner Metals intends to add 50,000 square feet to its existing Greenville County operations. The Georgia-based company will create 19 jobs.
Amenity-Rich Self-Storage Facility Lands New Owner
Marcus & Millichap brokered the sale of the 71,000-square-foot property in Winston-Salem, N.C. The asset was built in 2014 and has been operating since 2015.
The Fallon Co. Shells Out $25M for Charlotte Office Asset
The firm purchased the 12-story Cameron Brown Building in Charlotte’s Second Ward to serve as its regional headquarters. The Fallon Co. plans to make further investments in the growing market.