Southeast
FCP, Fairfield Properties Acquire NY Lone Star Portfolio
The joint venture paid $472.5 million for the seven properties, which encompass 1,496 apartment units. FCP provided $100 million in preferred equity investment toward the acquisition.
Charlotte’s Blooming Coworking Ecosystem
Brittany Yoho, chief strategy officer at Hygge, reveals the business vision behind one of Charlotte’s newest coworking providers and the challenges in this startup-friendly market.
Transwestern Names New Regional Presidents
Bruce Ford will lead the firm’s eastern operations, while Chip Clarke will be in charge of the commercial services business in the western U.S.
CBRE Takes Pulse of Southeastern US CRE
A CBRE update on 18 key cities highlights the prospects for the region’s office, multifamily, retail and industrial sectors.
On the Market: 5 Interesting Listings for November
This month’s listings include a rare retail and office space in Palm Beach Gardens, Fla., an office building in Wayne, N.J., as well as a retail center in Kahului, Hawaii.
TSCG Promotes Partner to Managing Director
In his new leadership role, Alex Munoz will oversee leasing activities in eight offices throughout Florida, Georgia, South Carolina and North Carolina.
Vero Biotech Moves HQ to Atlanta
The biotechnology company left Florida for the Peach State, setting up shop in a 15,600-square-foot space at Georgia Tech’s Technology Enterprise Park.
Public Storage Opens Charlotte-Area Facility
The firm has opened a 900-unit self-storage facility in Huntersville, N.C., situated within 20 minutes of downtown Charlotte.
SunCap Lands 237 KSF Industrial Asset in SC
The deal marks the company’s third project in the Greater Greenville area since its inception in 2009. Forrester Park, located at 201 Forrester Drive, is currently fully leased.
NC Mixed-Use Project Lands $35M Financing
Trez Forman Capital Group arranged the construction loan for River Place, a luxury riverfront property in downtown Wilmington. East West Partners is the developer of the 13-story building.