North Carolina
Preferred Office Properties Snags 300K-SF Office Tower in Raleigh
Atlanta-based Preferred Office Properties has acquired CAPTRUST Tower, a 16-story, 300,389-square-foot office tower in Midtown Raleigh. The sales price was… Read more
CushWake Brokers $57M Sale of Suburban Charlotte MF Community
Cushman & Wakefield has arranged the $57.7 million sale of The Village at Lake Wylie, a 392-unit, gated apartment community… Read more
Duke Energy Expands Solar Energy Portfolio; Acquires 200 MW Holstein
Duke Energy Renewables, a subsidiary of Duke Energy, made its third solar generation facility purchase in Texas. The Charlotte, NC-headquartered… Read more
California Market Values Flatline Against Backdrop of U.S. Rent Growth Acceleration
U.S. rent values continued their growth streak, accelerating for the ninth-straight month, according to the June Zillow Real Estate Market… Read more
KDC Completes Construction on 205K-SF Office Building in Raleigh-Durham
Developer KDC has completed construction on the expansion of multinational investment banking company Credit Suisse’s office campus at Research Triangle… Read more
Global Mutual Claims 430K-SF Durham Office Portfolio
UK-based investment company Global Mutual has acquired Research Commons, a five-property, 429,758-square-foot office portfolio in the Raleigh-Durham metro. The sales… Read more
Midsize Cities Struggle to Keep Up with Larger Counterparts
The news about the economy is positive, overall. Unemployment continues low, while wages are moving up. The problem, however, is… Read more
Berkshire Residential Sells 12-Property Southeast MF Portfolio
Berkshire Residential Investments sold a 12-property multifamily portfolio totaling 3,904 units in six major U.S. metros. The sales price was… Read more
Seattle, Bay Area Remain Two Hottest Markets for Tech Talent
There is still time to join us tomorrow for Connect Bay Area at the Grand Hyatt San Francisco. Get more… Read more
Seyfarth Shaw Opens Charlotte Office
Law firm Seyfarth Shaw has opened an office in Charlotte, the firm’s first in the region. The location marks the… Read more
CushWake Brokers $49M Sale of Two North Carolina MF Communities
Cushman & Wakefield arranged the $49.5 million sale of The Madison and Southgate, two apartment communities in Greenville, NC. The… Read more
Ram Realty Claims 70K-SF Retail Center in Raleigh
Ram Realty Advisors acquired 601 Midtown, a 70,000-square-foot retail center anchored by Lifetime Fitness in Raleigh. The sales price was… Read more
NKF Arranges Sale of 50-Property Self-Storage Portfolio
NKF arranged the sale of a 50-property self-storage portfolio spread across six states. The portfolio, which measures more than 3.1… Read more
RK Properties Snags MF Community in North Carolina for $47M
California-based multifamily owner-operator RK Properties acquired Bainbridge Lake Crabtree, a 200-unit mid-rise apartment community in Morrisville, NC for $46.5 million.… Read more
Seattle, Louisville, Indianapolis Rank Highest for Most Profitable Businesses
By Zoe Stutman Starting a business is no easy feat; in fact, it can be quite daunting juggling a host… Read more
U.S. Office Vacancy Decreased in Q2 2019
The latest research from Los Angeles-based CBRE shows show the U.S. office vacancy rate decreased during Q2 2019, by 10… Read more
Delinquency Rate Drops to Lowest Level in More Than 20 Years
The latest research by CoreLogic shows 3.6% of mortgages nationally were in some stage of delinquency, 30 days or more… Read more
Skender Completes Full Building Office Fit-Out for Retailer HQ
Skender, serving as general contractor, recently completed the interior renovation of the 40,000-square-foot headquarters of Vital Proteins, a private retailer… Read more
Carroll Sells Two Apartment Communities in North Carolina
Atlanta-based Carroll Organization completed the sale of two North Carolina apartment communities in separate transactions. The properties include Spring Forest,… Read more