Raleigh
Weidner Pays $81.5M For Charlotte Apartment Community
Weidner Apartment Homes closed on the $81.5 million purchase of Retreat at McAlpine Creek Apartments from Waterton. The 400-unit, garden-style… 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
Examining Current and Future R&D/Lab Space Trends
Life sciences/research and development real estate experienced a reset in 2023, according to JLL. Still, demand will likely rebound in… Read more
40-Story Mixed-Use Tower OK’d in Raleigh
To make the project work, Dalian Development had to assemble nine downtown Raleigh lots. There is currently a mix of… Read more
Austin Leads U.S. for STEM Job Growth; Denver and DC in Top Five
Austin, Denver, Seattle, Raleigh and Washington, DC are the top markets for momentum in STEM jobs growth, according to RCLCO Real Estate Consulting,… Read more
Raleigh-Area BTR Project Bought Before Completion
An under-construction 172-unit Raleigh-area build-to-rent community has been bought by joint venture partners Barings and Foulger Pratt. The partners purchased… Read more
Blue Ridge Buys $105M Triad-Region Industrial Portfolio
Blue Ridge Industrial has bought a batch of area industrial properties from Dogwood Propco. The Triad Business Journal reports they… Read more
Raleigh-Area Office Sells at Auction
Sometimes, good intentions are not enough in this challenging lending environment. Despite transforming a building into a Class A office… Read more
Raleigh Senior Living Center to Undergo $385M Makeover
PruittHealth is redoing and expanding The Oaks at Whitaker Glen – Mayview, an independent living and skilled nursing facility on… Read more
NY-Based Investor Pays $82M for Charlotte Industrial Site
New York-based LM Real Estate Partners acquired Logistics Pointe Distribution Center in Charlotte. The Charlotte Business Journal reports the buyer… Read more
$150M Apartment/Retail Project Moves Forward Near Raleigh
KDM Development has received rezoning approval from the Town of Garner, just south of Raleigh to build a mix of… Read more
Hub RTP Developer Wants Leases Before Building
Sometimes, trying times demand some caution. A 265,000-square-foot building set for the massive Hub RTP development won’t go vertical until… Read more
Omni Wins Raleigh Convention Center Hotel Bid
The City of Raleigh chose Omni Hotel Group to build a downtown hotel on what had been a city owned… Read more
King Properties Pays $84.75M for New Durham Apartments
A Marcus & Millichap team led by John Daly represented the buyer, King Properties. Kelby Farms, a partially completed 277-unit… Read more
JLL Signs Multiple Tenants at Renovated Raleigh Office
JLL has announced 702 Oberlin, Beacon Partners’ newly-renovated office building in West Raleigh, has secured three tenants, bringing occupancy to… Read more
Examining the COVID-19 Population Migration
According to an August 2022 report issued by Brookings, “domestic out-migration . . . exerted an outsized demographic impact on… Read more
Liberty Investment Partners Acquires Richmond Retail Center for $10M
Liberty Investment Partners, a real estate private equity firm based in Raleigh, North Carolina, has acquired The Shops at Wellesley… Read more
Raleigh Iron Works Innovation Hub Launches Public Art Project
New mixed-use innovation hub Raleigh Iron Works is launching a public arts initiative. The Collision Project connects creatives to site-specific… Read more
Bell Partners Acquires Multifamily Community in Raleigh
Bell Partners has acquired Vintage Jones Franklin, a 277-unit apartment community in Raleigh, NC on behalf of Bell Core Fund… Read more