FCP® announces the $48.0 million acquisition of Grand Arbor Reserve, a 297-unit vintage apartment community at 2419 Wycliff Road, blocks from I-440 in Raleigh, NC. “Grand Arbor Reserve is a well-located asset that provides residents quality housing near job centers, … Continue reading
FCP® and Indianapolis-based Strategic Capital Partners, LLC (SCP) have signed Renesas Electronics America, Inc. (Renesas) to a 90,000 square foot lease at Class A office building Forty540 II in Morrisville, NC in the Raleigh MSA. Renesas, headquartered in San Jose, … Continue reading
FCP® announces the sale of Haven at Patterson Place apartments in Durham, NC for $56.2 million. The 242-unit apartment community was acquired by FCP in November 2015 for $24.6 million. “We are pleased with the successful execution of our business … Continue reading
FCP® and Strategic Capital Partners (SCP) are proud to announce that recently delivered office development, Forty540 II, has achieved the Fitwel® certification making it one of the first suburban Class A buildings in the Triangle region to achieve the designation. … Continue reading
FCP® announces the sale of Tree Top Apartments in Raleigh, NC for $31.5 million. The 206-unit apartment community was acquired by FCP in October 2013 for $10.5 million. The community was 97.1% occupied at the time of sale. “Tree Top … Continue reading
FCP® and Kane Realty Corporation announce the sale of The Dillon to an institutional client advised by MetLife Investment Management for $236 million. The Dillon is the first mixed-use development of its kind in downtown Raleigh; its 18 stories encompassing … Continue reading
FCP℠ and Indianapolis-based Strategic Capital Partners, LLC (SCP) announce the commencement of construction of a five-story, 198,535 square foot, Class A office building, Forty540 II, located at 710 Slater Road at the highly visible I-40/I-540 intersection in the RTP/I-40 submarket … Continue reading
High Intensity Interval Training Fitness Studio to Open in Downtown Raleigh Kane Realty Corporation and FCP℠ are excited to announce that Shred415, a high intensity fitness studio, will be opening at The Dillon in downtown Raleigh. Owned and operated by … Continue reading
FCP℠ and Indianapolis-based Strategic Capital Partners, LLC (SCP) announce the sale of Forty540, a five-story, 200,000 square foot office building in the RTP/I40 submarket of Raleigh-Durham, NC for $58.1 million. FCP and SCP acquired the highly visible site in November … Continue reading
FCP℠ announces the acquisition for $33.3 million of the Trails of North Hills, a 279-unit apartment community near the vibrant North Hills area. The Trails of North Hills Apartments are adjacent to the Crabtree/Mine Creek Greenway trail and enjoy immediate … Continue reading