Carolinas

Sealy & Co. acquired the eight-building portfolio for an undisclosed price.

Greystar Real Estate Partners, LLC, made news this week when it announced the launch of Greystar Credit Partners II, LLC

"Fox Hill Business Park is really emblematic of our brand," Brian Sudler, principal at New Jersey-based Sudler Companies, said about a planned new business park in Greenville, South Carolina.

Multi-cancer early detection company, Grail Inc. has selected Research Triangle Park for its new laboratory location, and will invest $100 million in coming years to support the facility.

AIC Ventures purchased the asset and executed a long-term, absolute net lease with the seller.

Southpoint Acquisition, an indirect wholly owned subsidiary of the Starlight U.S. Multi-Family (No. 1) Core Plus Fund, said it has purchased Southpoint unencumbered for a purchase price of $51.5 million.

The two companies are looking three years ahead to a scheduled summer 2023 opening for the Dunavant and Distribution project.

The area is a somewhat unique multifamily market in that it is experiencing robust employment, income and demographic growth, but has not been oversaturated with Class A multifamily development, says Hunt's Chad Hagwood.