Charlotte
First Phase of Upgrades Unveiled at Charlotte Office Tower
The 32-story asset is scheduled to undergo additional upgrades during the next several months, including corridor improvements and changes to retail.
CWI Lands Charlotte Marriott City Center
The REIT acquired the hotel following a $40 million renovation process completed in 2016. The building is now dubbed “The Beta Hotel” due to its ultra-modern features.
Charlotte’s Boom
The metro’s multifamily market is one of the best-performing in the country, with healthy demand, job increases and strong growth potential.
CV Acquires Charlotte Data Center for $16M
The asset features a desirable location for data center operations, due to the site’s low energy costs, abundant and reliable power and ease of accessibility.
Automotive Supplier to Open New Plant in Alexander County
Borealis Compounds Inc. intends to invest $15 million in a production facility in Taylorsville, N.C. The Austrian company will create 37 jobs.
Lidl Announces Opening Date for U.S. Stores
The company is opening supermarkets in North Carolina, South Carolina and Virginia. By the summer of 2018, Lidl plans to operate 100 stores across the East Coast, creating 5,000 jobs.
Slate to Acquire $53M NC Retail Asset
The owner and operator of U.S. grocery-anchored real estate inked a binding agreement to purchase Mooresville Consumer Square, a 579,391-square-foot retail property in Iredell County.
National Fitness Partners Doubles NC Footprint
GNT Holdings sold 12 Planet Fitness clubs operating in Charlotte to National Fitness Partners, which is backed by Argonne Capital Group.
Balfour Beatty Appoints COOs of Southern Operations
Scott Skidelsky will take over the company’s Florida region, while Pat Dean will be responsible for the Carolinas and Georgia geographies.
JV Lands $43M Charlotte Retail Center
American Realty Advisors and Stonemar Properties purchased Ballantyne Village, an entertainment-driven retail asset in Charlotte, N.C. Berkeley Capital Advisors represented seller MV Ballantyne Village LLC.