Greystone, a leading national commercial real estate lending, investment and advisory firm, today announced the closing of a $30.3 million bridge loan made to an affiliate of Grubb Properties, Inc. The loan is a 3.5-year, floating-rate bridge loan originated by ...

Tagged with: Grubb Properties

Bank of America’s facilities at 525 North Tryon St. in Uptown will remain right where they are for 2017. The banking giant has renewed it’s lease for 194,000 square feet according to a press release from building owners Grubb Properties ...

Tagged with: Bank of America Grubb Properties

Grubb Properties has named Henry Lomax as executive vice president in its Charlotte office, overseeing the company’s financial practices and its investment committee. Lomax most recently worked at CBRE where he was managing director for five years. Previously, he worked ...

Tagged with: Grubb Properties

CHARLOTTE – Grubb Properties and New York Life Real Estate Investors have closed the purchase of 525 N. Tryon St. in uptown. The companies bought the 19-story office building for $60 million from Parkway Properties Inc. HFF, a real estate ...

Tagged with: Grubb Properties Parkway Properties

CHARLOTTE – Charlotte-based developer Grubb Properties and New York Life Real Estate Investors have purchased a 19-story office building at 525 N. Tryon St. in uptown, near the two SkyHouse Uptown apartment towers that are being developed by Grubb Properties ...

Tagged with: Grubb Properties Skyhouse Uptown Todd Williams

Clay Grubb has taken his family’s business in a new direction since he took over as president in 2001, turning Grubb Properties into an employee-owned company and expanding into new markets in the Southeast. The developer, which specializes in multifamily ...

Tagged with: Grubb Properties Skyhouse Uptown

CHARLOTTE – Since a development group announced in January 2013 plans to build the tallest residential building in Uptown since the 50-story The Vue, a lot has happened in the neighborhood’s multifamily market. Childress Klein Properties, a local development company, ...

Tagged with: Childress Klein Properties Grubb Properties Proffitt Dixon Partners

CHARLOTTE – Commercial real estate veterans Ted Haley and A.J. Whitehead have joined the Charlotte office of Avison Young, a Toronto, Canada based commercial real estate services firm, according to a company announcement. Haley joined as a principal, specializing in ...

Tagged with: Grubb Properties

CHARLOTTE – In a livelier-than-usual City Council zoning meeting Monday night, the council’s meeting chamber was packed to the brim with rezoning opposition, but council members offered curiously little opposition in unanimously approving a rezoning for a 39-acre auto mall ...

Tagged with: Charlotte-Mecklenburg Housing Partnership Charlotte-Mecklenburg Planning Department Grubb Properties

Whether it’s Class A apartments, value-added properties or workforce housing, the Queen City’s apartment market is expected to remain strong in the foreseeable future. Five apartment industry leaders said so on a panel Tuesday morning at Bisnow’s third annual Multifamily Summit held in a ballroom at the Omni Hotel in uptown Charlotte.

Tagged with: Charter Properties Ginkgo Residential Grubb Properties John Porter Phil Payne Terwilliger pappas Todd Williams