Elise Franco
Tech and Innovation Reporter at The Business Journals
She/Her. Covering commercial real estate for @CBJNewsroom News tips to [email protected]
Articles
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3 weeks ago |
bizjournals.com | Elise Franco
The developer has been building out its Charlotte pipeline after delivering its first project here in 2019. Alliance Residential Co.'s latest Charlotte multifamily project, on the edge of NoDa, is open. The Scottsdale, Arizona-based developer recently delivered Matheson Mill by Broadstone at 120 Matheson Ave., according to a news release. The 302-unit community has one- and two-bedroom apartments.
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3 weeks ago |
bizjournals.com | Elise Franco
The distressed uptown office tower could sell for less than a third of its valuation. A distressed uptown office tower could soon sell for less than a third of its valuation. 400 South Tryon went up for public auction this afternoon at the Mecklenburg County Courthouse after three delays dating back to January. The 32-story, 587,000-square-foot office tower is at 400 S.
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3 weeks ago |
bizjournals.com | Elise Franco
Novant Health closed a deal this week to acquire OrthoCarolina imaging assets across the Charlotte and Triad regions. Novant Health closed on an acquisition this week that will expand its imaging network across the Carolinas. The health-care system, in partnership with MedQuest Associates, acquired 18 fixed and mobile MRI assets from locally based OrthoCarolina at locations across the Charlotte and Triad regions. The deal closed on March 31.
Longtime owner sells 1920s-era uptown office building to Texas investor - Charlotte Business Journal
3 weeks ago |
bizjournals.com | Elise Franco
The uptown Charlotte office property had last sold for about $1 million in 1997. Charlotte-based Shamrock Management Corp. sold the Court Arcade building at 725 E. Trade St. to real estate investment trust Digital Realty Trust Inc. (NYSE: DLR) for $9.5 million, according to Mecklenburg County real estate records. The sale closed on March 31, records show. Court Arcade, which was built in the late 1920s, is a two-story, 18,573-square-foot boutique office building in uptown's First Ward.
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3 weeks ago |
bizjournals.com | Elise Franco
New York-based investment firm Nuveen Real Estate has tapped a Charlotte executive as its next global head of real estate. Chad Phillips took over the role, effective today, replacing Chris McGibbon, who is retiring after nearly 25 years with the firm. As Nuveen's global head of real estate, Phillips is responsible for managing a portfolio with $141 billion in debt and equity investments across 22 countries.
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