Raleigh
Holly Springs Hoping to Cash In on Sports, Entertainment District Craze
Sports and entertainment districts adjacent to the sports facility are the norm for most professional sports teams. Now, developers are… Read more
Hurricanes Building $1B Sports and Entertainment District
The NHL Carolina Hurricanes have been granted approval by the Raleigh City Council to develop a sports and entertainment center… Read more
5 Property, 652K-SF Industrial Portfolio Trades in Charlotte, Raleigh-Durham
LM Real Estate Partners has sold a five-building, 652,647-square-foot industrial portfolio in Charlotte and Raleigh-Durham to the Lightstone Group. Earlier… Read more
NE Raleigh Retail Center Trades for Nearly $30M
Triangle Town Place, a 14.4-acre property at 3630 Sumner Blvd. in Northeast Raleigh, was sold for $29.55 million. RCG Ventures… Read more
Johnson & Johnson Building $2B Wilson Pharmaceutical Plant
Johnson & Johnson has begun construction of a 500,000-square-foot biologics manufacturing facility in Wilson, North Carolina, about 50 miles outside… Read more
BTR Construction Heavily Concentrated in 14 U.S. Submarkets
Although build-to-rent (BTR) construction remains elevated across the U.S., some submarkets are gaining much more of this stock than others,… Read more
Raleigh Student Housing Project Trades for $44.35M
Timberline Real Estate Ventures bought The Wilde student apartments in Raleigh for $44.35 million. The seller, Cardinal Group, acquired the… Read more
Raleigh Tower Acquired by Highwoods
Highwoods Properties a publicly traded REIT, acquired Advance Auto Parts Tower, a 20-story highrise. Lionstone Investments, who developed the building… Read more
Rise48 Adds to Charlotte Portfolio
Arizona-based Rise48 is finding success in Raleigh. Less than a year after entering the market, the company made its third… Read more
Belk Adding Outlet Concept to NC Stores
Belk is incorporating its outlet concept in two of its North Carolina stores. The Charlotte-based retailer will bring that concept… Read more
Posh Raleigh Seniors Facility Opens Doors
Liberty Senior Living’s high-end senior living complex is taking residents. The Triangle Business Journal reports that the 5-story complex in… Read more
Dominion Pares Back Raleigh Highrise Plans
Dominion Realty Partners of Raleigh has submitted plans for the first phase of its Salisbury Square project, which is across… Read more
Atlanta Preferred by CRE Investors
A recent survey of commercial real estate investors ranked Atlanta as a top 10 target among U.S. metros. The market… 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
Dominium Hoping to Turn Raleigh Golf Holes into Affordable Housing
Dominium is hoping to take over some of a golf course property owned by the Raleigh Golf Association golf course… Read more
Hines-Led Team Inks Refi for Cary Mixed-Use Project
Hines, Affinius Capital and Columbia Development have secured a $191 million senior mortgage for Fenton, a 92-acre mixed-use district in… Read more
Raleigh Apartment Investor Defaults on Loan, Forced to Sell
The Brentmoor Apartments, located at 2080 Brentmoor Drive just outside the Beltline, sold for $45.6 million after the former owner,… Read more
Newmark Lands 3-Member Nashville CBRE Office Team
Jay O’Meara, Justin Parsonnet and Ryan Reethof have left CBRE and joined Newmark to lead office investment sales in the… Read more
Dune, TF Cornerstone Launch $1B Office-to-Residential Venture
Dune Real Estate Partners and development firm TF Cornerstone (TFC) said Tuesday they had created a $1-billion venture, Alta Residential,… Read more