Charlotte
Gehr Hospitality Nabs Four Points by Sheraton, Charlotte
BMO Harris Bank financed the acquisition. Real Hospitality Group will manage the 132-key property, which is set to undergo a significant renovation.
Westwood Financial Lands Sixth NC Shopping Center
The Arbors at Mallard Creek, a 55,323 square-foot retail asset in Charlotte, is the company’s most recent acquisition. CBRE represented both the seller and the buyer in the $25.1 million transaction.
CBRE Trades Charlotte Office Building
Known as 401 McCullough, the property changed hands for $12.3 million. Tempus Realty Partners acquired the vacant building from LNR Partners.
Waverly Lands 4 New Tenants
Fab’rik, Scout and Molly’s Boutique, Babalu Tapas & Tacos and DeSano Pizza Bakery signed leases at the master-planned community developed by Crosland Southeast, Childress Klein and the B. Frank Matthews II family in Charlotte, N.C.
Commonwealth Commercial Names Carolinas Managing Director
Alex Crouch will serve the Virginia-based company as managing director of its North and South Carolina operations. He will relocate from Richmond, Va., to Charlotte, N.C.
Summit Hotels Lands $53M Courtyard by Marriott in Charlotte
The acquisition marks the company’s first purchase in the Charlotte, N.C., market. Summit Hotels also entered into an agreement with OTO Development to manage the 118-key hotel.
Griffin Industrial Nabs First Charlotte-Area Property
The company purchased a 277,000-square-foot industrial building for $18.6 million. The Class A warehouse is currently 74 percent leased.
CBRE to Lease INQ@2401 in Charlotte
The joint venture ownership selected CBRE’s Joe Franco and Stephanie Spivey to lead marketing efforts at the redeveloped office property.
Uptown Charlotte Boutique Hotel Opens Doors
The Ivey’s Hotel features 42 luxury rooms located on the second floor of a historic building, which debuted as a department store in the early 1990s.