Southeast

HFF Closes Sale of 1 MSF NC Facility

The RSI Distribution Center in Lincoln County recently traded for $56 million.

Swiss Manufacturer to Invest $62M in First US Hub

Global technology group Oerlikon plans to create a new facility in the Charlotte MSA that will create 93 new jobs over the next five years.

Foundry Commercial to Develop 1 MSF Industrial Park

The 106-acre property will be built in Charlotte’s Airport West submarket, in two phases.

Capri EGM Nabs Build-to-Suit Office for Comcast Center for Excellence

The Class A building in Charleston, S.C., is subject to a long-term net lease and will serve Comcast as a training facility.

Movement Mortgage Doubles SC Presence

The lender expanded its existing headquarters in northern Lancaster County and plans to create 700 new jobs over the next five years.

PMG Trades Charlotte’s Midtown Crossing for $30M

After a year of ownership, Property Markets Group sold the 122,830-square-foot retail center to Bluejay Capital Management.

Charlotte’s Mallard Creed Center Changes Hands

CBRE brokered the sale of 259,786-square-foot Mallard Creek Center to Stream Realty Partners.

Charlotte’s Motor Speedway Commerce Center Trades for $11M

Purchased by Pegh Investments, the 180,000-square-foot Concord building changes hands, but remains in the NASCAR family.

JV to Deliver 367 KSF Industrial Park in Charlotte

By Laura Calugar Charlotte, N.C.—A partnership between real estate investment firms Foundry Commercial and Thackeray Partners recently announced the development of a 367,000-square-foot project in Charlotte’s Southwest submarket. The project will consist of two Class A warehouses, to be known as SteelePoint. The new industrial park will capitalize on dynamic market fundamentals, including single-digit vacancy, strong user demand and limited new supply. SteelePoint will be located near the intersection of Steele Creek Road and Westinghouse Boulevard. Foundry closed on four parcels totaling 25 acres from two different sellers, which will allow SteelePoint to offer access from both Steele Creek and…

Louisiana Attracts $8.5B Natural Gas Facility

Venture Global will erect Plaquemines LNG on a 632-acre parcel stretching 7,000 feet along the Mississippi River.