Carolinas

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

The REIT has agreed to purchase two assets in the market for an expected total investment of $230 million.

The REIT has completed its strategic exit from the sector with the sale of a Charleston, SC student housing property.

The company has purchased 80,800 acres of timberlands from a fund managed by Campbell Global.

The nearly 3000-unit, 11-property acquisition represents the company's largest transaction to date.

Each of the Southeast communities have sold following strategic value-add repositioning campaigns completed by the firm.

GVA Management and Leste Group have purchased the class B, five-property portfolio and plan to implement $17 million in value-add renovations.

Trinity Capital Advisors and SLI Capital have completed construction on the class A, 202,000-SF building, which will anchor the mixed-use development, Venable Center.