Carolinas

367,000-square-foot building sold to Highwoods Properties for $203M

The group has recently closed four RV park transactions across three states.

The properties have a capitalization of $140 million.

BTR comprises more than 15 percent of its portfolio with the latest development in Charleston, S.C.

The 415,000 square foot building is 25% preleased.

The $36.5 million purchase marks Continental's seventh in the state.

This challenging sector is experiencing some headwinds, but also may have some new partners.

Triple Net Group has sold a 99%-leased, 350,800-SF, grocery-anchored retail center in Fayetteville, NC.