Morrisville
Lightstone Adds to Research Triangle Portfolio
Lightstone acquired a 92,000-square-foot life science portfolio in the Raleigh-Durham Research Triangle. The properties, 3500 Paramount Parkway in Morrisville, North… Read more
Pfizer Unloads Durham R&D Facility
Pfizer sold its flex building at the Imperial Center in Durham to Lightstone Group for $41.1 million. The property is… Read more
Leon Lands Financing for 231-Unit Gilbert Project
Leon Multifamily, a subsidiary of Leon Capital Group secured $41.5 million in construction financing from Alerus Financing for a multifamily… Read more
Leon Capital Procures Financing for Mansfield Rental Asset
Leon Multifamily, a subsidiary of Leon Capital Group, secured $33.5 million in construction financing from Broadway Bank for a multifamily… Read more
Leon Closes Financing on Morrisville Apartment Project
Leon Capital Group secured $58.5 million in construction financing for its 303-unit multifamily development in Morrisville. ACORE Capital Capital was… Read more
Massive Life Sciences Campus Opens in Morrisville
A mammoth life sciences campus in Morrisville, between Raleigh and Durham, has wrapped up Phase I but is waiting on… Read more
Trinity Partners Promotes William Allen to Managing Partner
Commercial real estate firm Trinity Partners has named William Allen as managing partner for the company’s Raleigh, NC office. In… Read more
IXL Learning Applies Its Smarts to HQ Lease Expansion near Research Triangle
Perimeter Park Offices, LP and tenant IXL Learning have completed an agreement that expands the latter’s existing space to 67,780… Read more
Trinity Capital Advisors, Starwood Capital Group Start $1B Life-Science Campus in Morrisville
Trinity Capital Advisors, in partnership with Starwood Capital Group, has broken ground on Spark LS, a 109-acre a life science… Read more
CBRE Investment Management Fund Purchases Class A Life Sciences Campus in Durham
CBRE Investment Management has acquired Park Point, a 662,607-square-foot life sciences campus in the Durham submarket of Morrisville, NC. Located… Read more
TerraCap Management Acquires Second Raleigh-Durham Mutlifamily
Naples, FL-based TerraCap Management LLC, has acquired The Lex at Brier Creek, a 1999-built, 346-unit apartment complex located in the… Read more
Schneider Launches RaleighHub, Donates $300K in Gear to North Carolina A&T
Boston, MA-based Schneider Electric, which performs the digital transformation of energy management and automation, has started a new 65,000-square-foot hybrid… Read more
Electronics Firm Takes 90K-SF Lease in Forty540 II in Raleigh
Chevy Chase, MD-based FCP and Indianapolis, IN-based Strategic Capital Partners, LLC, have signed Renesas Electronics America, Inc., to a 90,000-square-foot… Read more
L&B Realty Advisors Buys Twin Lakes Center, Only Wegmans in Cary
JLL has closed the sale of Twin Lakes Center, a fully leased, 18,594-square-foot, multi-tenant retail building anchored by the only… Read more
Blue Heron Flies Off with $78M Sale of Downtown Durham Multifam
An affiliate of Raleigh, NC-based Blue Heron Asset Management has sold Foster on the Park, 164-unit mixed-use multifamily property in… Read more
Blue Heron Sells Raleigh-Durham Apartments for Company Record of $122M
Blue Heron Real Estate Opportunity Fund III has closed on the sale of the Indigo Apartments, a 489-unit, 2005-built multifamily… Read more
Newmark Arranges Gamma’s Multifamily Sales in Austin, NC
Newmark arranged the sales of Elan Apartment Homes and Parmer Place in Austin and Carrington Park in Morrisville, NC, a… Read more
MetLife Provides $53M Acquisition Loan for Research Triangle Lab Conversion
JLL has arranged a $52.7 million acquisition loan for Perimeter’s Edge, a flex/office, lab-convertible portfolio totaling 341,547 square feet across… Read more
Duke Realty Secures 154K-SF Lease in Raleigh
Duke Realty Corp. has secured a 153,990-square-foot industrial lease with tenant Circle Graphics Inc. in the Raleigh suburb of Morrisville.… Read more