Raleigh
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
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
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
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
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
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
Knighthead Provides $34M for Raleigh-Durham Office Campus
Knighthead Funding provided a $34 million loan to Equator Capital Management for the conversion of a vacant outlet mall into… Read more
Investcorp Makes $370M Portfolio Buy from Equus Capital
Bahrain-based Investcorp, with U.S. headquarters in New York City, acquired a portfolio of 11 apartment properties from Equus Capital Partners… Read more
Pendo to Relocate Corporate Headquarters to Downtown Raleigh in 2022
Software company Pendo has announced plans to occupy five floors and 125,000 square feet of a new 19-story tower in… Read more
Bellwether Enterprise Secures $115M Acquisition Financing for Affordable Housing Portfolio in Southeast
Bellwether Enterprise Real Estate Capital secured $115 million in financing for the acquisition of 12 affordable housing properties in South… Read more
Where are Best Places to Get a Summer Job?
This summer’s job market is likely going to be challenged by the tight U.S. labor market. The national unemployment rate… Read more
Hines, Columbia, USAA Plan 2.5M-SF MXU Development in North Carolina
Houston-based Hines, along with co-developer Columbia Development Group, LLC and USAA Real Estate, plan to develop Fenton, a new 69-acre… Read more
Oakwood, WaterWalk Form Hospitality Brand Partnership
Phoenix-based Oakwood formed a partnership with Wichita, KS-based WaterWalk International to create a new hospitality brand, Oakwood WaterWalk. The purpose-built… Read more
Top Broker Honorees: David Burden and Tom Berarducci
Colliers International’s David Burden and Tom Berarducci had an exceptional year in 2018, closing 94 office leasing transactions totaling more… Read more
Investcorp Acquires Eight U.S. MF Assets for $330M
Bahrain-based alternative investment manager Investcorp’s U.S.-based real estate investment team acquired eight new multifamily properties. The 2,510-unit portfolio was purchased… Read more
Seattle Maintains Top Office Investment Crown in IPA Report
New research by Marcus & Millichap’s Institutional Property Advisors (IPA) division shows the U.S. economy remains structurally positioned for growth… Read more
Estates at San Antonio Sells to Preiss Co.
The Preiss Co. acquired the Estates at San Antonio, a 288-bed, 102-unit, 58-building, off-campus student-housing complex that serves students attending… Read more
Waterton Acquires Four-Property NC MF Portfolio for $169M
Chicago-based Waterton acquired a four-property residential portfolio totaling 1,148 units in North Carolina for reportedly in the neighborhood of $169… Read more