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High Street Delivers 370-Unit Apartment Community in Apex, North Carolina

John Nelson — Tue, 03 Nov 2026 15:12:08 +0000

APEX, N.C. — High Street Residential, the residential subsidiary of Trammell Crow Co., has delivered The Henley, a 370-unit apartment community located at 1211 Chapel Ridge Road in Apex, a suburb of Raleigh. The 22-acre property offers a mix of studio, one-, two- and three-bedroom apartments ranging in size from 580 to 1,361 square feet, with 13 units reserved for households earning 60 percent of the area median income (AMI). Monthly rental rates range from $1,325 to $2,445, according to Apartments.com. Amenities include a fitness center with a yoga studio, clubhouse, coworking space, resort-style pool, dog park and spa, reservable private dining room with a demonstration kitchen, community bike share program with smart e-bikes, EV charging stations and connectivity to the North Beavercreek Greenway. The design-build team includes Rule Joy Trammell+ Rubio (architect) and L.F. Jennings (general contractor). Greystar is managing The Henley on behalf of High Street.

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Life Time, Dewitt Carolinas Break Ground on $200M Residential Tower in Raleigh

John Nelson — Tue, 03 Nov 2026 13:00:00 +0000

RALEIGH, N.C. — A partnership between national health club chain Life Time (NYSE: LTH) and locally based development firm Dewitt Carolinas has broken ground on Life Time Living at The Exchange Raleigh, a luxury multifamily tower anchored by an 80,000-square-foot Life Time athletic club and a 40,000-square-foot rooftop beach club. The companies plan to invest more than $200 million into the 20-story tower, according to Triangle Business Journal. The residential project represents Phase II of The Exchange Raleigh, a $1 billion, 40-acre master-planned mixed-use development in the state capital’s Midtown neighborhood. The development team, along with construction manager Consigli Construction, is aiming for both NGBS Green and Fitwel certifications for the project, which is set to deliver in fourth-quarter 2028. “By bringing Life Time’s incredible athletic country club and luxury living model to our community, we are delivering on our promise to make Midtown Raleigh a destination unlike any other,” says Todd Saieed, CEO of Dewitt Carolinas. Life Time Living at The Exchange Raleigh will offer 289 luxury apartments ranging in size from 610 to 2,040 square feet. Units will come equipped with blackout curtains , walk-in closets, work-from-home space and stainless steel kitchen appliances. The Life Time athletic club…

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CBRE Arranges $81M Construction Loan for Multifamily Development in Charlotte

John Nelson — Fri, 30 Oct 2026 15:02:16 +0000

CHARLOTTE, N.C. — CBRE has arranged an $81 million construction loan for Sutherland at Piper Glen, a 299-unit apartment development located at 9621 Elm Lane in Charlotte’s Piper Glen neighborhood. Nate Sittema, Kristen Reilley and Elliott Voreis of CBRE’s Debt & Structured Finance team arranged the financing through Western-Southern Life Insurance Co. on behalf of the borrower, a consortium of investors led by the developer, RK Investors. The community will feature four five-story apartment buildings atop structured parking. Planned amenities include a fitness center, bike storage, coworking spaces, golf simulator, game room, swimming pool, fire pit, grilling areas, pet wash station and a coffee bar. The development team plans to launch leasing for Sutherland at Piper Glen next fall, with first units scheduled for delivery in March 2028. The property will be the multifamily component of Greenway at Piper Glen, a master-planned development by RK Investors.

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Atlantic Capital Partners Brokers $7M Sale of Shopping Center in Hope Mills, North Carolina

Abby Cox — Thu, 29 Oct 2026 13:35:32 +0000

HOPE MILLS, N.C. — Atlantic Capital Partners has brokered the sale of Hope Mills Crossing, a 53,204-square-foot shopping center located in Hope Mills, roughly five miles south of Fayetteville. The property sold for more than $7 million, according to Atlantic Capital. David Hoppe, Eric Suffoletto, Jordan Gomez, Mike Lucier, Ben Olmstead and Kendra Doherty of Atlantic Capital represented the undisclosed seller in the transaction. The buyer requested anonymity. Recently renovated in 2025, Hope Mills Crossing is anchored by a newly opened Planet Fitness. Additional tenants at the center include a mix of medical, financial, government and service-oriented retail businesses. The property was 95 percent leased at the time of sale.

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Adler Real Estate Partners Receives $212.8M Refinancing for Sun Belt Industrial Portfolio

Hayden Spiess — Thu, 29 Oct 2026 11:31:00 +0000

MIAMI — Adler Real Estate Partners has received a $212.8 million loan for the refinancing of an eight-property industrial portfolio spanning several states in the Southeast and Texas. Together, the properties total 43 buildings and roughly 1.6 million square feet in Alabama, Florida, Maryland, North Carolina and Texas, located in markets including Austin, Dallas-Fort Worth, South Florida, Charlotte, Birmingham and the Baltimore-Washington corridor. The collection includes multi-tenant business parks and light industrial assets. At the time of financing, the properties were leased to more than 115 tenants within 22 industries, including the medical and pharmaceutical, building services, manufacturing, technology, professional services, healthcare and logistics industries. The average tenant tenure across the portfolio is 10.5 years. Melissa Rose, Michael DiCosimo, Jack Britton, Kate Rathman, Nicole Diaz and Magnus Kron of JLL Capital Markets secured the financing on behalf of the borrower. An undisclosed life insurance company provided the loan. Based in Miami, Adler Real Estate Partners specializes in acquiring and operating multi-tenant light industrial properties throughout the United States. This transaction marks the second major recapitalization for the company this year. In July, Adler secured a $343 million refinancing for a portfolio of light industrial assets, including $140 million in equity and…

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Maguire Hayden Sells 395,990 SF Industrial Building in Metro Charlotte for $22.1M

Abby Cox — Mon, 26 Oct 2026 13:24:59 +0000

CLAREMONT, N.C. — Conshohocken, Pa.-based Maguire Hayden Real Estate has sold a 395,990-square-foot industrial building in Claremont, a northern Charlotte suburb in Catawba County, to Box Equities for $22.1 million. Michael Scarnato, Pete Pittroff and Dave Andrews of JLL represented Maguire Hayden in the sale. Situated on approximately 17.9 acres, the industrial property includes 364,000 square feet of warehouse space, along with offices and other support areas. The facility also features 24 dock-high loading doors, clear heights ranging from 14 to 20 feet, truck courts ranging from 135 to 185 feet, a dedicated trailer parking lot and 109 car parking spaces. Maguire Hayden originally acquired the property through a sale-leaseback transaction and subsequently leased the entire building to CertainTeed, a wholly owned subsidiary of global building materials manufacturer Saint-Gobain. Maguire Hayden completed a capital improvements program during its ownership that included a new roof overlay and LED lighting throughout the facility. The building was originally constructed in 1986 and was renovated in 2011.

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BWE Brokers $349.9M Sale of Independent Living Portfolio in North Carolina

Abby Cox — Fri, 23 Oct 2026 13:29:58 +0000

APEX, RALEIGH AND WILMINGTON, N.C. — BWE Investment Sales has brokered the $349.9 million sale of the Cambridge Village Portfolio, a three-property independent living portfolio in Apex, Raleigh and Wilmington. The portfolio comprises Cambridge Village of Apex, a 219-unit community in Apex; The Cambridge at Brier Creek, a 195-unit community in Raleigh; and Cambridge Village of Wilmington, a 222-unit community in Wilmington. In addition, the acquisition includes entitled land parcels adjacent to the Apex and Brier Creek communities. Miami Beach, Fla.-based Starwood Capital Group purchased Cambridge Village of Apex and The Cambridge at Brier Creek senior living communities for a combined $209 million, according to the Triangle Business Journal. The firm also acquired Cambridge Village of Wilmington for $140.9 million. Oliver Development built the three communities, which were constructed between 2010 and 2022 and are operated by Cambridge Village Senior Living. Each campus features resort-style amenities including fitness centers with instructor-led programming, heated indoor pools, a full-service salon and spa, restaurant-style dining, movie theaters, libraries and landscaped outdoor gathering areas.

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CBRE Brokers Sale of 19-Story Office Tower in Greensboro, North Carolina

John Nelson — Thu, 22 Oct 2026 13:10:27 +0000

GREENSBORO, N.C. — CBRE has brokered the sale of Renaissance Plaza, a 19-story office tower located at 230 N. Elm St. in downtown Greensboro. Appian Investments purchased the 287,464-square-foot building from Richardson Properties for $22 million. Patrick Gildea, Matt Smith and Greg Wilson of CBRE represented the seller in the transaction. Richardson Properties invested $4 million in renovations to the office tower in 2023. Built in 1990, Renaissance Plaza features a two-story atrium lobby, an attached six-level parking deck with 300 spaces, onsite café and offices with floor-to-ceiling windows. Tenants include Arch Mortgage Insurance, Brooks Pierce, Fox Rothschild, Schell Bray and RSM US.

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Link Logistics Acquires 550,992 SF Industrial Property in Youngsville, North Carolina

Abby Cox — Fri, 16 Oct 2026 14:40:02 +0000

YOUNGSVILLE, N.C. — New York City-based Link Logistics has acquired Eaton Logistics Facility, a 550,992-square-foot industrial property located at 2545 Innovation Loop in Youngsville, roughly 23 miles outside Raleigh. The facility, which was fully leased at the time of sale, features 40-foot clear heights, cross-dock configuration and direct access to U.S. Route 1. The property serves as a warehousing and distribution hub that supports manufacturing operations in the Raleigh area. JLL represented the sellers, Summit Real Estate Group and an institutional partner, in the transaction. The sales price was not disclosed.

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Portsmouth, Marcus Purchase 326-Unit Multifamily Community in Raleigh

John Nelson — Wed, 14 Oct 2026 13:48:42 +0000

RALEIGH, N.C. — A partnership between Portsmouth Real Estate Partners and Marcus Partners has purchased Vine North Hills, a 326-unit multifamily community located at 500 St. Albans Drive in Raleigh. The seller and sales price were not disclosed. Newmark arranged an undisclosed amount of acquisition financing for the partnership, which is the first venture between Portsmouth and Marcus. Vine North Hills sits within the 33-acre North Hills Innovation District, which is part of Raleigh’s North Hills mixed-use neighborhood. Completed in 2020, the property offers studio, one-, two- and three-bedroom apartments, as well as a “full” suite of amenities and structured parking.

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JLL Arranges $237.7M Loan for Life Sciences Campus in Research Triangle Park

John Nelson — Tue, 13 Oct 2026 15:42:15 +0000

MORRISVILLE, N.C. — JLL has arranged $237.7 million loan for Phase I of Pathway Triangle, a life sciences campus underway in North Carolina’s Research Triangle Park (RTP). Phase I comprises four life sciences and advanced manufacturing buildings totaling 581,789 square feet on McCrimmon Parkway in Morrisville, about 14 miles west of Raleigh. Brett Paulsrud, Amy Lousararian, Andrew Gray, Ward Smith, Hugh Doherty and Libby Horton of JLL arranged the loan through Starwood Property Trust on behalf of the borrower, King Street Properties. Two buildings totaling 377,111 square feet have been completed at Pathway Triangle and are 73 percent leased. Building 1 is partially leased to Liquidia Pharmaceuticals for the manufacturing of Yutrepia, an FDA-approved inhalation powder treating pulmonary arterial hypertension. Building 2 is fully leased to Novartis. Construction began recently on the other two Phase I buildings — Building 4 (148,434 square feet) and Building 7 (56,244 square feet), which is fully preleased to Novartis. A second phase is planned for Pathway Triangle, upon completion of which the campus will span 950,000 square feet.

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Wegmans to Open 110,000 SF Grocery Store in Charlotte This Week

John Nelson — Tue, 13 Oct 2026 15:33:21 +0000

CHARLOTTE, N.C. — Wegmans, a large-format grocer based in Rochester, N.Y., plans to open a 110,000-square-foot grocery store at 11550 N. Community House Road in Charlotte on Wednesday, Oct. 14. The store is an anchor of Ballantyne, Northwood Investors’ 2,000-acre master-planned development on the south side of Charlotte adjacent to the South Carolina border. The store will feature all traditional Wegmans departments, including produce, seafood, meat, bakery, deli, cheese and wine and beer. Additional offerings will include Meals2Go and catering, online shopping capabilities, a floral shop, coffee and home goods. The store will also have a market café with indoor and outdoor seating for customers dining at one of Wegmans’ multiple food outlets. Wegmans has hired 450 associates to operate the new store, which is currently the southernmost store in Wegmans’ network.

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Pappas Properties Breaks Ground on Publix-Anchored Retail Center in Metro Charlotte

John Nelson — Tue, 06 Oct 2026 15:31:57 +0000

MATTHEWS, N.C. — Pappas Properties has broken ground on a Publix-anchored retail center at Cadia Village Matthews, an 84-acre mixed-use campus in metro Charlotte. The approximately 50,000-square-foot grocery store will feature a full-service pharmacy with a drive-thru and is expected to employ roughly 150 associates. The Publix store is set to open in fourth-quarter 2027. Other commercial tenants coming to the retail village at Cadia Village Matthews will include medical office users, a bank branch, fast-casual and sit-down restaurants and neighborhood retail and services. The mixed-use project also features single-family homes and townhomes under construction by David Weekley Homes. Choate Construction is building the retail village on behalf of Pappas Properties.

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Trammell Crow Co., Investors Break Ground on 233,335 SF Spec Industrial Development in Charlotte

John Nelson — Thu, 01 Oct 2026 13:08:12 +0000

CHARLOTTE, N.C. — Trammell Crow Co. and a consortium of investors including CBRE Japan and Mitsubishi Logistics Corp. have broken ground on Caldwell Commerce Center, a two-building, 233,335-square-foot speculative industrial development located at 6122 and 6125 Caldwell Park Drive in Charlotte. The 24-acre property will feature two rear-load buildings measuring 106,175 square feet and 127,160 square feet. Each building will feature 32-foot clear heights, build-to-suit office space and ESFR sprinkler systems. Bryan Crutcher and Alek Salfia of CBRE are the leasing agents for Caldwell Commerce Center. The design-build team includes Landmark Builders (general contractor), Seamon Whiteside (civil engineer) and 9G Studio (architect).

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Orion Buys Food Lion-Anchored Shopping Center in Boone, North Carolina for $26.1M

John Nelson — Wed, 30 Sep 2026 14:22:31 +0000

BOONE, N.C. — Miami-based Orion Real Estate Group has acquired Watauga Village, an 88,800-square-foot neighborhood shopping center located in Boone, a city in western North Carolina and home of Appalachian State University. Adam Russ, Erin Varol and Will Register of CBRE represented the undisclosed seller in the $26.1 million transaction. Food Lion anchors the property, which was fully leased at the time of sale to tenants including Michaels, Mercy Urgent Care, Spectrum, Tropical Smoothie Café and Wingstop. Orion currently owns or manages an additional 23 properties totaling 101,583 square feet throughout North Carolina, which are all single-tenant, triple-net properties. Watauga Village is the firm’s first shopping center acquisition in the state.

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Canvas Residential, Kelley Properties to Develop 141-Unit Build-to-Rent Project in Bermuda Run, North Carolina

Abby Cox — Fri, 25 Sep 2026 12:43:17 +0000

BERMUDA RUN, N.C. — Canvas Residential Partners and Kelley Properties plan to develop Wellstead at Kinderton Farms, a 141-unit build-to-rent project located in Bermuda Run, a town in Davie County roughly 13 miles west of Winston-Salem, N.C. Site work is expected to commence this month, with the first homes scheduled for delivery in spring 2028. Wellstead at Kinderton Farms will include 128 townhomes and 13 single-family detached homes. Townhomes will range up to 1,700 square feet in size and will offer two- to four-bedroom floorplans and two-car garages. Single-family homes will total up to 2,100 square feet in size and will feature four bedrooms and two-car garages. Amenities at the community will include a clubhouse and leasing center overlooking a lake, a dedicated wellness center, swimming pool, resident lounge, dog park and neighborhood sidewalks.

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Harris Teeter Plans $253M Investment to Enhance Stores, Expand in Carolinas

John Nelson — Wed, 23 Sep 2026 12:53:05 +0000

MATTHEWS, N.C. — Harris Teeter, a Matthews-based regional grocer and subsidiary of The Kroger Co., plans to invest approximately $253 million over the next three years to refresh and modernize select stores in North Carolina and South Carolina. Renovations and enhancements are planned for locations in Fort Mill and Rock Hill, S.C.; and Matthews, Waxhaw, Concord and Huntersville, N.C. In addition, Harris Teeter plans to open three new stores in Fort Mill and Lake Wylie, S.C., and Kannapolis, N.C. Customers will begin seeing store updates roll out in phases, with timing and scope varying across locations over the next three years. As renovations are completed, grand reopenings are expected to begin this fall.

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JLL Arranges $86.7M Sale of 323,113 SF Shopping Center in Metro Raleigh

John Nelson — Thu, 17 Sep 2026 13:33:07 +0000

RALEIGH, N.C. — JLL has arranged the $86.7 million sale of Knightdale Marketplace, a 323,113-square-foot super regional shopping center in metro Raleigh. Invesco Real Estate purchased the 43.5-acre property from a joint venture between affiliates of Bailard Inc. and M&J Wilkow Ltd. Tom Kolarczyk, Andrew Kahn, Ella Glover and Katie Sanger of JLL represented the seller in the transaction. Built in 2008 along I-540, Knightdale Marketplace is located at 1006 Shoppes at Midway Drive and 210-304 Hinton Oaks Blvd. in Knightdale. Target and The Home Depot shadow-anchor the center, which was fully leased at the time of sale to tenants including Academy Sports + Outdoors, Best Buy, T.J. Maxx, Burlington, Ross Dress for Less, HomeGoods, Michaels, PetSmart, Barnes & Noble, Starbucks, Five Guys, Jersey Mike’s, Qdoba, Tropical Smoothie Cafe, Subway and Visionworks. The shopping center also includes outparcels leased to Wells Fargo, Arby’s and Saltgrass Steak House.

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Space Craft Begins Leasing 389-Unit Apartment Community in Charlotte

John Nelson — Wed, 16 Sep 2026 14:36:55 +0000

CHARLOTTE, N.C. — Space Craft has launched leasing at Oxbow, a 389-unit apartment development underway at 2125 N. Davidson St. in Charlotte’s Optimist Park neighborhood. Sentral manages the apartment community, which is will provide direct access to the Cross Charlotte Trail. Residences at Oxbow will range from studio apartments to four-bedroom units spanning 410 to 1,501 square feet, as well as 1,258-square-foot townhomes and more than 11,300 square feet of ground-level retail space. Monthly rental rates will range from $1,320 to $3,325, according to Apartments.com. Amenities at Oxbow will include separate cardio and strength gyms, a spa with a sauna and treatment room, coworking space, content studio, makers space, lounge, fleet share services, guest suites, self-serve market and two rooftop venues. The design-build team includes Shook Kelley (architect), Swinerton (general contractor) and Timberlab (cross-laminated timber provider).

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Cuadra Capital Acquires 250,000 SF of Retail, Mixed-Use Developments in North Carolina, Florida

Abby Cox — Mon, 14 Sep 2026 13:35:09 +0000

CHARLOTTE, N.C. — Cuadra Capital, a Charlotte-based real estate investment and operating firm, has acquired multiple retail and mixed-use assets totaling 250,000 square feet across North Carolina and Florida. The acquisitions include State Street Station in Greensboro, College Plaza in Winston-Salem and the Bottleworks District in Wilmington, N.C. The lone Florida acquisition was Park & King in Jacksonville. State Street Station is a 60,977-square-foot, eight-building neighborhood retail center that includes a mix of food-and-beverage, service, medical and wellness retail tenants. The firm also acquired four adjacent parcels from a local owner to expand parking capacity and improve accessibility surrounding State Street Station. College Plaza is a 50,000-square-foot shopping center located across from The Grounds, a 100-acre mixed-use district under construction. The center is home to local tenants such as Jimmy the Greek and Elizabeth’s Pizza. As part of the acquisition, Cuadra also purchased the adjacent parcel situated at 2730 University Parkway, with plans to implement capital improvements at the property. The Bottleworks District is a four-property, 100,000-square-foot mixed-use portfolio that spans three contiguous blocks. The portfolio is home to a mix of food-and-beverage, office and light industrial tenants, including Hi-Wire Brewing, The Ibis, Cugina Forno and the YMCA. Park & King…

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