Which nontraded REIT recently made its first real estate investment in the “Research Triangle” in North Carolina?
Answer: Hines, the global real estate firm, on June 16, 2022, announced that Hines Global Income Trust had acquired Waverly Place, a grocery-anchored retail center in Cary, North Carolina. Waverly Place, located in the Research Triangle area of North Carolina, consists of 190,000 square feet of retail space.