Lincoln Harris closes on part of Charlotte Observer site sale

Lincoln Harris has closed on part of its deal to purchase The Charlotte Observer property for $11 million. The deal, which closed April 1, includes a little more than 5 acres bounded by South Mint, Stonewall and South Church streets, according to real estate records. As previously reported by the Charlotte Business Journal, Lincoln Harris is working with Goldman Sachs on the acquisition. The purchaser of the roughly 5.2-acre site is a limited-liability company called GSLH Charlotte Realty Holdings,…

Lincoln Harris closes on part of Charlotte Observer site sale

Lincoln Harris has closed on part of its deal to purchase The Charlotte Observer property for $11 million. The deal, which closed April 1, includes a little more than 5 acres bounded by South Mint, Stonewall and South Church streets, according to real estate records. As previously reported by the Charlotte Business Journal, Lincoln Harris is working with Goldman Sachs on the acquisition. The purchaser of the roughly 5.2-acre site is a limited-liability company called GSLH Charlotte Realty Holdings,…

CBRE appoints Compie Newman as managing director of Charlotte office

CBRE Group Inc. announced today that Compie Newman has been appointed managing director of the company’s Charlotte office. Newman assumes the position following more than five years in CBRE’s Capital Markets group handling debt and structured finance. The previous managing director in CBRE's Charlotte office was Henry Lomax, who is now an executive vice president at Grubb Properties. A Charlotte native, Newman has more than 27 years of experience in commercial real estate, having previously…

CBRE appoints Compie Newman as managing director of Charlotte office

CBRE Group Inc. announced today that Compie Newman has been appointed managing director of the company’s Charlotte office. Newman assumes the position following more than five years in CBRE’s Capital Markets group handling debt and structured finance. The previous managing director in CBRE's Charlotte office was Henry Lomax, who is now an executive vice president at Grubb Properties. A Charlotte native, Newman has more than 27 years of experience in commercial real estate, having previously…

Environamics doubling size with move to new facility

A commercial-interior contracting company is relocating to a new facility double the size of its current headquarters. Environamics, at 1401 Freedom Drive, purchased the building at 13935 South Point Blvd. for $3.83 million in late January, according to real estate records. Jim Gambrell of Gambrell Real Estate Consulting represented Environamics in the sale of its Freedom Drive building and the purchase of its South Point Boulevard location, according to Gambrell. William Maxwell of Trinity Partners…

Environamics doubling size with move to new facility

A commercial-interior contracting company is relocating to a new facility double the size of its current headquarters. Environamics, at 1401 Freedom Drive, purchased the building at 13935 South Point Blvd. for $3.83 million in late January, according to real estate records. Jim Gambrell of Gambrell Real Estate Consulting represented Environamics in the sale of its Freedom Drive building and the purchase of its South Point Boulevard location, according to Gambrell. William Maxwell of Trinity Partners…

Henry Lomax named executive vice president at Grubb Properties

Grubb Properties announced today that Henry Lomax is a new executive vice president in its Charlotte office, overseeing the company’s financial practices and investment committee. Lomax served most recently at CBRE as managing director for five years. Prior to that, he worked at Crescent Resources for 16 years, where he was chief investment officer, and at Bank of America for eight years. Lomax received his MBA from UNC Chapel Hill and his undergraduate degree from Davidson College. He is a certified…

Henry Lomax named executive vice president at Grubb Properties

Grubb Properties announced today that Henry Lomax is a new executive vice president in its Charlotte office, overseeing the company’s financial practices and investment committee. Lomax served most recently at CBRE as managing director for five years. Prior to that, he worked at Crescent Resources for 16 years, where he was chief investment officer, and at Bank of America for eight years. Lomax received his MBA from UNC Chapel Hill and his undergraduate degree from Davidson College. He is a certified…

Hilton hotel to be part of Stonewall Station development

A Hilton flag will be one of two hotels at Crescent Communities’ Stonewall Station project. A 160-room Home2 Suites will occupy a building between 10 to 12 floors within the mixed-use development currently under construction at the intersection of Stonewall and Caldwell streets. In addition to two hotels, Stonewall Station will include a 47,000-square-foot Whole Foods Market anchor, 459 luxury apartments and additional retail space. Stonewall Station is expected to open in 2018. Home2 Suites…

Hilton hotel to be part of Stonewall Station development

A Hilton flag will be one of two hotels at Crescent Communities’ Stonewall Station project. A 160-room Home2 Suites will occupy a building between 10 to 12 floors within the mixed-use development currently under construction at the intersection of Stonewall and Caldwell streets. In addition to two hotels, Stonewall Station will include a 47,000-square-foot Whole Foods Market anchor, 459 luxury apartments and additional retail space. Stonewall Station is expected to open in 2018. Home2 Suites…