Carolinas

The retail transformation is alive and well on both coasts. So say Lee & Associates brokers from L.A., Charleston and Manhattan. Of course, there are major differences, allowing for size and local market culture, as Lee & Associates brokers explain.

The 2,615 units in six cities represent Investcorp's largest US real estate portfolio acquisition in the last decade.

Discovery Labs is targeting major markets across the US and also has several international locations in its plans as well. Target domestic markets include: Boston; New York City; Northern New Jersey; Washington, DC; Raleigh-Durham, NC; Chicago, Houston, Austin, San Diego, Los Angeles, San Francisco and Seattle.

Highwoods now owns an 80% interest in the joint venture. The company estimates the project will involve a total investment of $72 million.

Upon the closing of the deal, which is expected in the third and fourth quarter of this year, RoundPoint will become a wholly-owned subsidiary of Freedom Mortgage.

AmeriHealth Caritas North Carolina also plans to open wellness centers throughout the state