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TBJ's Space Overview: Office space in Raleigh-Durham (2Q 2020)
News 2 months ago
TBJ's Space Overview: Office space in Raleigh-Durham (2Q 2020)

Future workplace needs, requirements and real estate strategies in a post-pandemic world will likely look a bit different than the pre-virus...

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Raleigh-Durham Space Overview: Flex & Warehouse (2Q 2020)
News 2 months ago
Raleigh-Durham Space Overview: Flex & Warehouse (2Q 2020)

After months of limited new activity in the Triangle's flex property market, three major deals by two national real estate firms have aimed to...

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TBJ's Space Overview: Retail space in Raleigh-Durham (2Q 2020)
News 2 months ago
TBJ's Space Overview: Retail space in Raleigh-Durham (2Q 2020)

It has been estimated that as of late March 2020, 55 percent of all U. S. retail space had been shuttered in response to the mandatory business...

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Tanger Outlets eyes reopening events in six states, including Georgia
News 2 months ago
Tanger Outlets eyes reopening events in six states, including Georgia

Tanger Factory Outlet Centers Inc. (NYSE:SKT) is planning reopening events in six states, including Georgia, as statewide shutdowns aimed at...

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Duke Energy (NYSE: DUK) maps large office project in southeast Raleigh
News 2 months ago
Duke Energy (NYSE: DUK) maps large office project in southeast Raleigh

North Carolina's massive power company is looking to build a large office complex on the edge of southeast Raleigh with plans calling for two...

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Opinion: How the pandemic will affect real estate in Raleigh-Durham metro area
News 2 months ago
Opinion: How the pandemic will affect real estate in Raleigh-Durham metro area

With so much uncertainty in the world, some might assume that predictions are of limited use to the real estate sector. But even if none of us have...

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Belk set to reopen some stores, will launch curbside pickup
News 2 months ago
Belk set to reopen some stores, will launch curbside pickup

Belk will begin opening some of its U. S. stores on Friday. The Charlotte retailer's stores have been closed since March 17. Belk will begin a...

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Magma Equities lands Durham apartments near Duke Regional Hospital for $50 million
News 2 months ago
Magma Equities lands Durham apartments near Duke Regional Hospital for $50 million

A California real estate investor has dropped $50 million on a large apartment community in Durham, adding to its collection of properties in the...

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Flagship Healthcare Properties to launch Raleigh office led by former Colliers International vice president
News 2 months ago
Flagship Healthcare Properties to launch Raleigh office led by former Colliers International vice president

A Charlotte-based real estate group is launching an office in Raleigh - and hiring a former Colliers vice president to lead it. Flagship Healthcare...

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What employers need to know about returning to the workplace amid coronavirus pandemic
News 2 months ago
What employers need to know about returning to the workplace amid coronavirus pandemic

As companies begin charting their path back to the office, brokers and real estate service firms in the Triangle are taking lessons from markets...

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Everything's on pause: Triangle office market meets its match in coronavirus pandemic
News 2 months ago
Everything's on pause: Triangle office market meets its match in coronavirus pandemic

After years of explosive growth, the Triangle office market is softening amid the impacts of the Covid-19 pandemic. A recent report by Avison Young...

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Quail Properties looks to add commercial development near north Raleigh shopping center
News 2 months ago
Quail Properties looks to add commercial development near north Raleigh shopping center

A Triangle developer has filed plans for a new commercial development on the edge of a Raleigh shopping center it also owns. Filled with "must read...

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Medline Industries sues OfficeMart in Garner, claims price gouging on sales of personal protective equipment
News 2 months ago
Medline Industries sues OfficeMart in Garner, claims price gouging on sales of personal protective equipment

A Triangle company faces claims of trademark infringement and price-gouging on sales of personal protective equipment. Medline Industries, based in...

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Warnings multiply as Raleigh-Durham mall owners and retail landlords brace for coronavirus fallout
News 2 months ago
Warnings multiply as Raleigh-Durham mall owners and retail landlords brace for coronavirus fallout

Owners of the nation's malls, retail plazas and Main Street storefronts are sounding alarms over the magnitude of the financial wreckage in store...

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Dewitt Carolinas maps affordable apartments for Raleigh's Millbrook community
News 2 months ago
Dewitt Carolinas maps affordable apartments for Raleigh's Millbrook community

A longtime Triangle developer has plans to bring hundreds of new apartments to north Raleigh with a focus on affordability. On Wednesday, Raleigh...

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Durham apartments sold for $65 million to RST Development LLC
News 2 months ago
Durham apartments sold for $65 million to RST Development LLC

A Virginia-based real estate investor has bought a large apartment community in Durham for more than $65 million. RST Development of Virginia Beach...

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Kane Realty ready to bring more apartments, retail space to North Hills in Raleigh
News 2 months ago
Kane Realty ready to bring more apartments, retail space to North Hills in Raleigh

Kane Realty Corp. has filed plans for its latest project in North Hills, which is set to feature hundreds of apartments in a new multifamily...

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Harris Teeter (NYSE:KR) adds more safety measures after employees test positive for COVID-19
News 2 months ago
Harris Teeter (NYSE:KR) adds more safety measures after employees test positive for COVID-19

All Harris Teeter employees are now required to wear masks or other face coverings at work. This includes at stores, distribution centers and...

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Raleigh parking lot sells for more than $2 million to Highwoods Properties (NYSE: HIW)
News 2 months ago
Raleigh parking lot sells for more than $2 million to Highwoods Properties (NYSE: HIW)

What can $2 million get you in downtown Raleigh? How about a parking lot. Raleigh's Highwoods Properties paid $2.25 million for a 6,500-square-foot...

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60-acre development in Durham maps 500+ apartments, commercial space
News 2 months ago
60-acre development in Durham maps 500+ apartments, commercial space

A developer with multiple projects in the region has plans to bring a mixed-use development to Durham as part of a larger master-planned community....

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How far CARES Act stimulus checks go toward covering housing costs in Raleigh metro
News 2 months ago
How far CARES Act stimulus checks go toward covering housing costs in Raleigh metro

Americans began receiving their stimulus payments last week as part of the federal government's $2 trillion CARES Act, and using the funds to pay...

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Three employees at Harris Teeter (NYSE: KR) distribution center in Greensboro test positive for COVID-19
News 2 months ago
Three employees at Harris Teeter (NYSE: KR) distribution center in Greensboro test positive for COVID-19

Harris Teeter has confirmed that three workers at its Greensboro distribution center have tested positive for COVID-19. "We've been informed that...

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JCPenney (NYSE: JCP), Neiman Marcus both skipped debt payments this week amid talks of bankruptcy
News 2 months ago
JCPenney (NYSE: JCP), Neiman Marcus both skipped debt payments this week amid talks of bankruptcy

Retailers J. C. Penney Co. Inc. and Neiman Marcus Group both skipped debt payments this week amid the COVID-19 pandemic along with talk of the...

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Hundreds of apartments proposed across from Crabtree mall in Raleigh
News 2 months ago
Hundreds of apartments proposed across from Crabtree mall in Raleigh

The owners of a property across Glenwood Avenue from Crabtree Valley Mall have submitted plans for a new apartment community featuring hundreds of...

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Raleigh-Durham landlords could take financial blow as WeWork negotiates leases
News 2 months ago
Raleigh-Durham landlords could take financial blow as WeWork negotiates leases

As WeWork reaches out to landlords around the country to stop or negotiate rent payments, the Triangle building owners who have WeWork as their...

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New apartments mappped near Fuquay-Varina near Wake Tech campus
News 2 months ago
New apartments mappped near Fuquay-Varina near Wake Tech campus

A Triangle developer has plans for a new apartment community near Fuquay-Varina. Raleigh-based WAJ Management has filed plans for the Madison Park...

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Downtown Raleigh hotel opens doors to first responders during pandemic
News 2 months ago
Downtown Raleigh hotel opens doors to first responders during pandemic

A downtown Raleigh extended-stay, apartment-style hotel is opening its doors to emergency responders and medical personnel by offering a collection...

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Raleigh restauranteur Gaurav 'G' Patel takes on real estate role with CityPlat
News 2 months ago
Raleigh restauranteur Gaurav 'G' Patel takes on real estate role with CityPlat

A burgeoning Raleigh real estate company has brought on a longtime leader in retail and hospitality in the Triangle as the firm continues its...

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Offices that scan for sick workers: Triangle architects envision the future workplace after COVID-19
News 3 months ago
Offices that scan for sick workers: Triangle architects envision the future workplace after COVID-19

Future workplaces in the wake of the coronavirus pandemic will feature more space and greater focus on employees' health and wellness, Triangle...

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Durham office buildings and flex space sold for $60 million to TPG of San Francisco
News 3 months ago
Durham office buildings and flex space sold for $60 million to TPG of San Francisco

A California investor has paid more than $60 million for a collection of properties near Research Triangle Park. San Francisco-based TPG has closed...

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