Thursday, November 14, 2024
Read the Digital Magazines
Subscribe

North Carolina

Wegmans
DevelopmentGrocery-anchoredLeasingMixed-useNewsNorth Carolina

Wegmans to Open 110,000-Square-Foot Grocery Store at Ballantyne Campus in Charlotte, North Carolina

by Hayden Spiess

Charlotte, N.C. — Wegmans Food Markets Inc., a Rochester, New York-based grocer, plans to open a 110,000-square-foot store in Charlotte. Located along North Community House Road, the grocery store will be situated within Ballantyne, Northwood Investors’ 2,000-acre master-planned development on the south side of Charlotte adjacent to the South Carolina border. Wegmans aims to open the new store by the third quarter of 2026. 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 …

Continue Reading
0 FacebookTwitterLinkedinEmail
Independence-Square_Mount-Airy
Grocery-anchoredInvestment salesNewsNorth Carolina

Legacy Realty Brokers Sale of 63,507-Square-Foot Shopping Center in North Carolina

by Hayden Spiess

Mount Airy, N.C. — Legacy Realty Group Advisors has brokered the sale of Independence Square, a 63,507-square-foot shopping center located in Mount Airy. The property was 97 percent leased at the time of sale, to tenants including Ollie’s Bargain Outlet, Dollar General and USPS. Jacob Baruch of Legacy Realty Group represented the seller in the transaction, and Kevin Henry of Pine Forest Oak Island Realty represented the buyer. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Durham-Topgolf
DevelopmentNewsNorth Carolina

Topgolf to Open New Venue in Durham, North Carolina

by Katie Sloan

Durham, N.C. — Topgolf plans to open a new venue in south Durham on Friday, April 12. The new Topgolf will represent the third Topgolf in North Carolina, with the other two venues in the Charlotte area. In December, the company also announced a new Topgolf coming to nearby Greensboro, North Carolina. The Durham venue will be located off the Page Road exit on I-40 at 4901 Topgolf Way, a short drive from Research Triangle Park and about 12 miles from Duke University. The new Topgolf will feature 102 climate-controlled hitting …

Continue Reading
0 FacebookTwitterLinkedinEmail
Shopton-Square_Belmont
Investment salesNewsNorth Carolina

Foundry Commercial Purchases 24,250-Square-Foot Shopping Center in Metro Charlotte

by Hayden Spiess

Belmont, N.C. —Foundry Commercial has purchased Shopton Square, a 24,250-square-foot shopping center in Belmont, a southern suburb of Charlotte. The property was fully leased to 13 tenants at the time of sale. Shopton Square was originally developed and leased by the real estate arm of grocer Food Lion. The acquisition of the center marks the first for Foundry Commercial’s Retail Investment Platform, which was launched last year and prioritizes necessity-based retail properties.

Continue Reading
0 FacebookTwitterLinkedinEmail
Morrison-Yard_Charlotte-N.C
LeasingMixed-useNewsNorth Carolina

BODYROK to Open 1,800-Square-Foot Fitness Studio at Morrison Yard in Charleston, South Carolina

by Hayden Spiess

Charleston, S.C. — BODYROK has signed a lease to open a 1,800-square-foot fitness studio at Morrison Yard, a mixed-use development currently underway in Charleston. Scheduled to open this summer, this marks the 14th franchise location for the brand. The studio will offer classes featuring a fusion of Pilates, cardio and strength training. Woodfield Development is the developer and landlord of Morrison Yard, which will feature over 37,000 square feet of retail space upon completion, in addition to apartment units, office space, a hotel, public space and an event venue. Hill Partners …

Continue Reading
0 FacebookTwitterLinkedinEmail
LeasingNewsNorth Carolina

Two Retail Tenants Sign Leases at Oakhurst Commons in Charlotte, North Carolina

by Hayden Spiess

Charlotte, N.C. — Two retail tenants have signed leases at Oakhurst Commons, a 135,000-square-foot mixed-use development in Charlotte. New fitness concept The Health Club will occupy 15,000 square feet. Ilios Crafted Greek will also open a 2,400-square-foot restaurant. MDH Partners and Parkway Partners are the landlords of the property, which is currently 50 percent leased. Charles Thrift and Thompson Brock of Thrift Commercial Real Estate Services manage retail leasing at the development. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Berkeley-Plaza_Goldsboro-N.C
Investment salesNewsNorth Carolina

Marcus & Millichap Brokers $10.5 Million Sale of Berkeley Plaza in Goldsboro, North Carolina

by Hayden Spiess

Goldsboro, N.C. — Marcus & Millichap has brokered the $10.5 million sale of Berkeley Plaza, a 101,812-square-foot shopping center in Goldsboro. Tenants at the property, which was fully occupied at the time of sale, include Big Lots, Gold’s Gym, Staples, Books-A-Million, AT&T and U.S. Armed Forces. Andrew Margulies, Harrison Creason and Harrison Jones of Marcus & Millichap represented the seller, a North Carolina-based investor, in the transaction. Bold Commercial Real Estate represented the buyer, a family office. 

Continue Reading
0 FacebookTwitterLinkedinEmail
ArizonaCaliforniaCompany newsFloridaGeorgiaIllinoisIndianaNebraskaNew JerseyNew YorkNewsNorth CarolinaOhioTexasWashington

Nordstrom to Open 26 New Nordstrom Rack Stores

by Hayden Spiess

Seattle — Seattle-based retailer Nordstrom has announced plan to open 26 new Nordstrom Rack stores. Openings are scheduled to begin this spring and continue through spring 2025. The sites of the new stores include locations in Arizona, California, Florida, Georgia, Illinois, Indiana, Nebraska, New Jersey, New York, North Carolina, Ohio and Texas.

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesNewsNorth Carolina

Yale Realty Services Corp. Acquires 294,617-Square-Foot Shopping Center in Concord, North Carolina for $49.2 Million 

by Hayden Spiess

Concord, N.C. — An affiliate of Yale Realty Services Corp., in partnership with an international family office, has acquired Afton Ridge, a 294,617-square-foot shopping center located in Concord, roughly 25 miles northeast of Charlotte. Robert Altman of Altman Warwick Inc. and Bat Barber of Medalist Capital arranged the $49.2 million acquisition on behalf of the buyer. Mike Burkard and Steve Shields of CBRE represented the undisclosed seller in the transaction. MetLife financed the acquisition with a $29.6 million mortgage.  A Super-Target anchors the property, which was 97 percent occupied at the …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts