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Retail tenants, landlords in Raleigh–Durham get creative with rents as coronavirus pandemic drags on
News 17 hours ago
Retail tenants, landlords in Raleigh–Durham get creative with rents as coronavirus pandemic drags on

With the first of the month come and gone, retailers and restauranteurs are scrambling to make rent or negotiate with landlords as business grounds...

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Lowe’s cuts hours, boosts employee pay and steps up social-distancing protocols amid COVID-19 crisis
News 1 day ago
Lowe’s cuts hours, boosts employee pay and steps up social-distancing protocols amid COVID-19 crisis

Lowe's Cos. Inc. (NYSE: LOW) is taking steps to protect its employees and customers as the novel coronavirus, or COVID-19, continues to spread. The...

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Raleigh's Empire Properties adds to its collection of historic buildings on Fayetteville Street
News 1 day ago
Raleigh's Empire Properties adds to its collection of historic buildings on Fayetteville Street

A Raleigh real estate company has bought another historic property downtown as it expands its holdings on a recently rezoned city block. Longtime...

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Raleigh extends application deadline for downtown hotel, office project due to pandemic
News 2 days ago
Raleigh extends application deadline for downtown hotel, office project due to pandemic

Developers and real estate companies will have an extra month to file proposals for the city of Raleigh's downtown hotel and mixed-use tower...

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Raleigh's Highwoods Properties (NYSE: HIW) sells Memphis portfolio with 599K SF of space
News 3 days ago
Raleigh's Highwoods Properties (NYSE: HIW) sells Memphis portfolio with 599K SF of space

A Raleigh REIT took a big step on the road out of Memphis this week with the sale of a massive portfolio for more than $100 million as it closes...

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Developer behind Wegmans shopping center in Cary looks to add hundreds of apartments
News 4 days ago
Developer behind Wegmans shopping center in Cary looks to add hundreds of apartments

Charlotte-based SunCap Property Group has filed a rezoning request with the town of Cary to allow for the development of up to 230 apartments at...

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Michigan developer eyes Cary for senior living community
News 4 days ago
Michigan developer eyes Cary for senior living community

A Michigan developer has filed plans with the town of Cary for a new senior living community with nearly 180 units in a 4-story complex. Bloomfield...

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Charlotte developer plots apartments near NC State
News 2 weeks ago
Charlotte developer plots apartments near NC State

Four years after it purchased of three tracts on Raleigh's Hillsborough Street, a Charlotte developer is moving forward with plans to bring a new...

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Executive Voice: Gab Smith makes a home for contemporary art in Raleigh's urban core
News 2 weeks ago
Executive Voice: Gab Smith makes a home for contemporary art in Raleigh's urban core

Since 2013, Executive Director Gab Smith has led the Contemporary Art Museum of Raleigh through a rapidly changing landscape as explosive growth...

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Hudson Capital Properties scoops Raleigh apartments for $32 million
News 2 weeks ago
Hudson Capital Properties scoops Raleigh apartments for $32 million

A New York real estate investment and property management firm has spent more than $32 million for an apartment complex in a mixed-use development...

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Mattamy Homes plans massive subdivision in Garner, North Carolina
News 2 weeks ago
Mattamy Homes plans massive subdivision in Garner, North Carolina

A Canadian homebuilding giant wants to bring hundreds of new homes to Garner and has proposed a subdivision zoned for a mix of single-family homes...

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Culver's begins work on new restaurant in Fuquay-Varina
News 2 weeks ago
Culver's begins work on new restaurant in Fuquay-Varina

Work is underway on a quick-service restaurant in Fuquay-Varina that's set to bring a rapidly expanding dining concept to the growing Wake County...

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Belk temporarily closing stores due to coronavirus
News 2 weeks ago
Belk temporarily closing stores due to coronavirus

Charlotte-based Belk has become the latest retailer to temporarily shut down its stores due to the novel coronavirus outbreak. The department store...

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Developer plots apartments, commercial space for Clayton, North Carolina
News 2 weeks ago
Developer plots apartments, commercial space for Clayton, North Carolina

A Johnston County developer is looking to bring a new mixed-use project to Clayton with plans for more than 150 apartments and commercial space....

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Cary tops Raleigh, Charlotte to lead apartment rental rate growth in North Carolina
News 2 weeks ago
Cary tops Raleigh, Charlotte to lead apartment rental rate growth in North Carolina

Increases in rental rates have been occurring throughout the entire state of North Carolina over the past year. Of the largest 10 cities that...

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$100 million community proposed for Lake Gaston includes hotel, commercial space
News 2 weeks ago
$100 million community proposed for Lake Gaston includes hotel, commercial space

A Triangle developer is planning a $100 million project in Warren County that would create a mixed-use destination on the shores of Lake Gaston....

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Kane Realty pushes for 40-story zoning for massive Downtown South development
News 3 weeks ago
Kane Realty pushes for 40-story zoning for massive Downtown South development

The developers pushing a giant mixed-use entertainment district in downtown Raleigh have filed a rezoning plan with the city that would allow for...

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Cary retail center Stonebridge Village, anchored by a Harris Teeter, sold for $17 million
News 3 weeks ago
Cary retail center Stonebridge Village, anchored by a Harris Teeter, sold for $17 million

An Alabama real estate investor is once again growing its presence in the Triangle with the purchase of a grocery-anchored retail center in Cary....

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Apple (Nasdaq: APPL) offers unlimited sick leave to its retail employees with COVID-19 coronavirus-like symptoms
News 3 weeks ago
Apple (Nasdaq: APPL) offers unlimited sick leave to its retail employees with COVID-19 coronavirus-like symptoms

Not long after telling its technical and corporate employees to work from home when possible, Apple Inc. is now extending infection-control...

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Plans detail second phase of $350 million Mosaic development in Chatham County
News 3 weeks ago
Plans detail second phase of $350 million Mosaic development in Chatham County

Developers have filed plans for the next phase of a massive mixed-use development in Chatham County. Eco Group - a joint venture by Kirk Bradley of...

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$60 million apartment project kicks off in Raleigh near Lake Johnson Park
News 3 weeks ago
$60 million apartment project kicks off in Raleigh near Lake Johnson Park

A developer has begun work on a new upscale multifamily community in Raleigh with plans calling for hundreds of high-end apartments across the...

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Dominion Realty Partners unveils $300 million hotel, apartments, affordable housing development in downtown Raleigh
News 3 weeks ago
Dominion Realty Partners unveils $300 million hotel, apartments, affordable housing development in downtown Raleigh

A major development proposed for downtown Raleigh includes two towers and hundreds of hotel rooms and apartments. On Wednesday, Dominion Realty...

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Winston-Salem chamber president wants to help BB&T Financial Center owners find new tenants
News 3 weeks ago
Winston-Salem chamber president wants to help BB&T Financial Center owners find new tenants

The president/CEO of the Winston-Salem Chamber of Commerce said he doesn't have many details about Truist's move out of the BB&T Financial Center....

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Upscale apartment investor in Raleigh alleges 'despicable' conduct
News 3 weeks ago
Upscale apartment investor in Raleigh alleges 'despicable' conduct

An upscale apartment investor is suing over allegedly defective air conditioning units - calling actions at the center of the case "despicable,...

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Wake County housing market faces 8,500-home shortage – here's why
News 3 weeks ago
Wake County housing market faces 8,500-home shortage – here's why

As the housing shortage continues to rage across the country, a recent analysis by Berkshire Hathaway real estate agent Bo Bromhal found Wake...

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North Carolina beer distributor Beacon Partners to relocate 225 jobs to Charlotte
News 3 weeks ago
North Carolina beer distributor Beacon Partners to relocate 225 jobs to Charlotte

Charlotte-based Beacon Partners is planning a development in the city's southwest region and appears to have a partner for a build-to-suit...

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Sold: $40 million deal for Raleigh office buildings marks Texas firm's Triangle entrance
News 3 weeks ago
Sold: $40 million deal for Raleigh office buildings marks Texas firm's Triangle entrance

A Texas real estate development and investment firm is splashing down in the Triangle with its premiere purchase of a Raleigh office portfolio....

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Charlotte firm buys historic buildings in downtown Durham, includes Triangle Biotechnology Center
News 3 weeks ago
Charlotte firm buys historic buildings in downtown Durham, includes Triangle Biotechnology Center

A newly-minted real estate investment firm out of Charlotte has acquired two historic buildings in downtown Durham that were recently converted...

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Office space in NC State's Centennial Campus sold for $80 million to REIT Ventas (NYSE: VTR)
News 4 weeks ago
Office space in NC State's Centennial Campus sold for $80 million to REIT Ventas (NYSE: VTR)

A Chicago REIT dropped $80 million on a portfolio of office properties in Centennial Campus this week. Ventas Inc. (NYSE: VTR) bought two office...

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Envestnet (NYSE: ENV) leases space in new office building for Bloc83 in downtown Raleigh
News 4 weeks ago
Envestnet (NYSE: ENV) leases space in new office building for Bloc83 in downtown Raleigh

A Chicago-based financial services and technology firm has signed on to three floors in an office tower underway in an upcoming mixed-use...

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