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Smedes York Column: RDU/Wake Stone Corp. quarry should proceed after discussion
News 4 months ago
Smedes York Column: RDU/Wake Stone Corp. quarry should proceed after discussion

Both Umstead Park and Raleigh-Durham International Airport are critical to the continued success of our region. But I firmly believe the Wake Stone...

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Greenhawk Corporation has begun marketing space in the upcoming Peak City Business Park in Apex
News 4 months ago
Greenhawk Corporation has begun marketing space in the upcoming Peak City Business Park in Apex

More growth is coming to the Peak City. A Raleigh real estate firm is building a 40-plus acre multi-building business park in Apex, with one phase...

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Audit finds state officials inked $22K over fiver years for N.C. State Fair
News 4 months ago
Audit finds state officials inked $22K over fiver years for N.C. State Fair

A just-released audit finds three state officials paid a combined $22,000 in travel expenses during the North Carolina State Fair - a move alleged...

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Alliance Residential Company wants to bring new life to shuttered Capital Plaza Hotel in Raleigh
News 4 months ago
Alliance Residential Company wants to bring new life to shuttered Capital Plaza Hotel in Raleigh

An Arizona-based real estate developer has applied to rezone the "underutilized" site of a long-vacant hotel in Raleigh. Alliance Residential...

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Commercial real estate firm Vestian opens office in Raleigh
News 4 months ago
Commercial real estate firm Vestian opens office in Raleigh

A Chicago-based real estate firm with offices around the world is opening its first office in the Triangle with a recently assembled team of real...

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Duke Realty Corp. (NYSE: DRE) signs three leases at Greenfield North:
News 4 months ago
Duke Realty Corp. (NYSE: DRE) signs three leases at Greenfield North:

Three tenants have signed leases at a Triangle business park for a combined total of over 125,000 square feet of space. Duke Realty Corp. has...

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Panthers owner David Tepper seek up to $200M from city for MLS HQ, stadium upgrades
News 4 months ago
Panthers owner David Tepper seek up to $200M from city for MLS HQ, stadium upgrades

Carolina Panthers owner David Tepper wants $110 million to $212 million for upgrades at Bank of America Stadium and a companion Major League Soccer...

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First Citizens Bank & Trust (Nasdaq: FCNCA) buys Georgia-based Community Financial
News 4 months ago
First Citizens Bank & Trust (Nasdaq: FCNCA) buys Georgia-based Community Financial

Acquisition-hungry First Citizens Bank & Trust Company is doing it again - announcing a definitive merger agreement late Tuesday to acquire an out...

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Work set to begin on mixed-use project near RTP featuring townhomes, office space
News 5 months ago
Work set to begin on mixed-use project near RTP featuring townhomes, office space

A burgeoning real estate firm in Durham run by Duke alumni is set to begin work on a mixed-use development near Research Triangle Park with plans...

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Baltimore-based Heritage Properties begins construction on Tower Two at Bloc 83 in downtown Raleigh
News 5 months ago
Baltimore-based Heritage Properties begins construction on Tower Two at Bloc 83 in downtown Raleigh

The Whiting-Turner Contracting Company has begun construction. "We are thrilled to continue the development of the Bloc[83] district in downtown...

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Preferred Office Properties moves forward with 'cutting-edge' high-rise in downtown Raleigh
News 5 months ago
Preferred Office Properties moves forward with 'cutting-edge' high-rise in downtown Raleigh

A proposed office tower in the heart of downtown Raleigh has taken another step toward construction after its Atlanta-based owners filed site plans...

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Weaver Street Market opens first location in Wake County at The Dillon in Raleigh
News 5 months ago
Weaver Street Market opens first location in Wake County at The Dillon in Raleigh

A local non-profit grocer has marked its expansion into Wake County with the opening of a location in downtown Raleigh. Weaver Street Market opened...

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Norwegian video game developer Funcom opens office at Durham's Brighton Hall Imperial Center
News 5 months ago
Norwegian video game developer Funcom opens office at Durham's Brighton Hall Imperial Center

A Norwegian online video game maker is opening an office at Imperial Center in Durham. Oslo-based Funcom has signed a lease for over 19,000 square...

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Developments would bring 1,600-homes to Sanford, North Carolina, amid jobs boom
News 5 months ago
Developments would bring 1,600-homes to Sanford, North Carolina, amid jobs boom

Two proposed projects would bring more than 1,600 homes, plus retail space, to the greater Triangle area. The town of Sanford has received two...

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York Development Co. to bring luxury condos to Raleigh's Cameron Village
News 5 months ago
York Development Co. to bring luxury condos to Raleigh's Cameron Village

A local developer has big plans for a historic complex in Raleigh's Cameron Village, with designs to turn decades-old apartments into new luxury...

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What are the hottest residential real estate spots in downtown Raleigh?
News 5 months ago
What are the hottest residential real estate spots in downtown Raleigh?

Raleigh's six downtown districts each have their own unmistakable character, so homebuyers can find the right location. There's something...

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Skyline changer: Developer says Raleigh high-rise won't be the last project for a downtown site
News 5 months ago
Skyline changer: Developer says Raleigh high-rise won't be the last project for a downtown site

One of Raleigh's most ambitious downtown developments is rising along Peace Street - and one of the developers driving the project says there is...

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ULI and PwC report puts Raleigh-Durham near top of national real estate market for 2020
News 5 months ago
ULI and PwC report puts Raleigh-Durham near top of national real estate market for 2020

The Triangle has surged ahead once again in a new study by the Urban Land Institute and PricewaterhouseCoopers, coming in as the market with the...

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Investors Management Group Inc. buys Raleigh's Seasons at Umstead for $40M
News 5 months ago
Investors Management Group Inc. buys Raleigh's Seasons at Umstead for $40M

An Atlanta-based real estate firm sold a Raleigh apartment community earlier this week, netting a 32 percent profit in the process. JMG Realty sold...

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Wegmans makes 'big bet' on Raleigh area as newest store prepares to open
News 5 months ago
Wegmans makes 'big bet' on Raleigh area as newest store prepares to open

Wegmans is betting big on the Triangle as the New York-based grocery giant prepares to open its first of several locations in the region. The grand...

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Popular downtown Raleigh restaurant plans to relocate (Photos)
News 5 months ago
Popular downtown Raleigh restaurant plans to relocate (Photos)

A popular Asian restaurant in Raleigh plans to relocate. Five Star Restaurant has just signed a lease for 3,856 square feet of space in the newly...

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GoTriangle increases affordable housing offer for bus station rezoning at s West Street in Raleigh
News 5 months ago
GoTriangle increases affordable housing offer for bus station rezoning at s West Street in Raleigh

A proposed high-rise in downtown Raleigh will have to wait a little longer for the city's approval, but the clock is ticking. As GoTriangle works...

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Bank of America (NYSE: BAC) branch to relocate, make way for retail development in Research Triangle Park
News 5 months ago
Bank of America (NYSE: BAC) branch to relocate, make way for retail development in Research Triangle Park

A Bank of America branch is relocating - a move that makes way for rising retail construction in Research Triangle Park. The Bank of America branch...

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Digital mortgage lender seeks to hire 1,000 in NC over next five years
News 5 months ago
Digital mortgage lender seeks to hire 1,000 in NC over next five years

A fast-growing digital mortgage lender has ambitious hiring goals for its new office in North Carolina. New York-based Better.com, which opened an...

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Roundup: Triangle apartment complexes, industrial site sold to firms in New York, New Jersey
News 5 months ago
Roundup: Triangle apartment complexes, industrial site sold to firms in New York, New Jersey

Three Triangle properties sold for a combined total of nearly $90 million earlier this month, with firms from New Jersey and New York looking to...

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Ward Transformer claims RDU's nearly $3 million compensation for seizing land for runway isn't good enough
News 5 months ago
Ward Transformer claims RDU's nearly $3 million compensation for seizing land for runway isn't good enough

In a five-page response filed Thursday, Ward Transformer - which owns the 12.2 acres of land on Mount Herman Road - claims RDU's compensation...

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Denver-based University Communities buys Raleigh apartment complexes from Next Chapter Properties
News 5 months ago
Denver-based University Communities buys Raleigh apartment complexes from Next Chapter Properties

A Denver firm specializing in student housing paid over $38 million for a pair of apartment buildings near N.C. State's North Campus in Raleigh....

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The story behind MyPayrollHR and ValueWise, New York companies that left thousands nationwide scrambling
News 5 months ago
The story behind MyPayrollHR and ValueWise, New York companies that left thousands nationwide scrambling

The Clifton Park, New York, office of ValueWise Corp. and MyPayrollHR - the companies abruptly closed last week under unknown circumstances. The...

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Morrisville project calls for commercial space, hundreds of residential units
News 5 months ago
Morrisville project calls for commercial space, hundreds of residential units

A Morrisville site could soon see a mix of residential and commercial space. An Atlanta-based developer has plans to build a four-building mixed...

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TruAmerica Multifamily acquires $108 million apartment portfolio in Raleigh
News 5 months ago
TruAmerica Multifamily acquires $108 million apartment portfolio in Raleigh

A Los Angeles-based investment firm has splashed down in the triangle with its first purchase -- a 830-unit multifamily portfolio in Raleigh....

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