Southeast
Binswanger Brokers Sale of 136 KSF Industrial Facility in NC
Eastman distributor EZ-Flo International Inc. purchased the single-story property in Kinston from H&H Warehouse Corp. The company plans to use the space for distribution and warehousing.
Lat Purser to Develop New Charleston-Area Office Buildings
Consolidated Planning will anchor the 14,871-square-foot, two-story development in Mount Pleasant, S.C. Lat Purser expects to complete the project in spring 2018.
Medical Device Manufacturer Building New Facility in SC
Arthrex intends to invest $30 million in its fourth U.S. plant. The new 200,000-square-foot facility in Sandy Springs is expected to create more than 1,000 jobs in the near future.
Jefferson Mill Business Park to Expand With Phase II
After securing Amazon as the anchor tenant of Phase I, the partnership between Trammell Crow and Clarion Partners is going forward with the spec development project.
51 KSF Self-Storage Facility Trades in Orlando, FL
Marcus and Millichap arranged the sale on behalf of the seller and secured the buyer as well. The self-storage asset offers 443 drive-up units.
Retail RE Veteran Named Lat Purser VP
Jimmy Penman Jr. joined Charlotte-based Lat Purser & Associates in 2015 as director of leasing. He has now been promoted to the executive team and named vice president.
HFF Brokers $44M Sale of Charlotte Hotel
Hospitality Properties Trust purchased the Crowne Plaza Charlotte Executive Park, a 300-key hotel that underwent an extensive revamp process in 2014. Intercontinental Hotels Group will manage the asset from now on.
New Skyscraper Coming to Uptown Charlotte
Ally Financial leased the majority of Ally Charlotte Center, a 742,000-square-foot office tower built by Crescent Communities. Construction on the 26-story building is set to begin early next year.
Economy Watch: Economic Damage of Irma Could Hit $40B
AIR Worldwide estimates the damage caused by Hurricane Irma could be between $15 billion and $50 billion, but a great deal of uncertainty remains.
Storage Post Expands Florida Footprint
The company continues its self-storage space buying spree, making its ninth purchase in the state in the heart of Miami’s Little Havana neighborhood. According to public records, the seller was an entity affiliated with former Dubble Bubble candy executive Bruce Weiner.