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Duke Energy (NYSE: DUK) tower rising in Charlotte acquired in potential $675M deal
News 2 months ago
Duke Energy (NYSE: DUK) tower rising in Charlotte acquired in potential $675M deal

Maryland-based CGA Capital has partnered with Childress Klein to buy Duke Energy's Charlotte Metro Tower, currently under construction in uptown...

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WakeMed Health buys land near site of Wegmans in Wake Forest, North Carolina
News 2 months ago
WakeMed Health buys land near site of Wegmans in Wake Forest, North Carolina

A Wake County health system is expanding its holdings in the suburbs of Raleigh yet again - this time acquiring land bordering the site of a future...

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Developers Kane Realty and Steve Malik buy land for proposed Downtown South project in Raleigh
News 2 months ago
Developers Kane Realty and Steve Malik buy land for proposed Downtown South project in Raleigh

The proposed Downtown South development for Raleigh took a step forward Monday when the developers behind the project bought 88 acres slated to...

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Office tower next to Crabtree Valley Mall in Raleigh preps for January opening
News 2 months ago
Office tower next to Crabtree Valley Mall in Raleigh preps for January opening

After more than a year of planning, design and construction, the developers behind a major mixed-use tower across from Crabtree Valley Mall say the...

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TBJ Plus: Sorry Amazon (Nasdaq: AMZN), NC's oldest store is thriving; new anchor coming to WRAL in Raleigh
News 2 months ago
TBJ Plus: Sorry Amazon (Nasdaq: AMZN), NC's oldest store is thriving; new anchor coming to WRAL in Raleigh

Sorry, Amazon, but North Carolina's oldest store is thriving - especially in the holiday season. Washburn's General Store was founded in Bostic, a...

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Goldman Sachs (NYSE: GE) drops $70 million for apartments in Cary, North Carolina
News 2 months ago
Goldman Sachs (NYSE: GE) drops $70 million for apartments in Cary, North Carolina

A New York investment giant bought an apartment community in west Cary earlier this month. Goldman Sachs acquired the 351-unit Tradition at...

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Wegmans buys land from Lowe's (NYSE: LOW) for proposed store in Holly Springs, North Carolina
News 2 months ago
Wegmans buys land from Lowe's (NYSE: LOW) for proposed store in Holly Springs, North Carolina

Residents in southwest Wake County are a bit closer to having a Wegmans of their own after the New York company closed on the purchase of 12-plus...

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Google search could lead to the largest office lease ever in San Francisco: 1.75M sq. ft.
News 2 months ago
Google search could lead to the largest office lease ever in San Francisco: 1.75M sq. ft.

Tech giant Google is in talks to lease up to 1.75 million square feet, the entire office component of Brookfield Properties' Pier 70 mega project,...

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Highwoods offloads nearly $90M in Memphis as it shifts to new markets
News 2 months ago
Highwoods offloads nearly $90M in Memphis as it shifts to new markets

The Triangle's largest real estate firm has announced the sale of nearly $90 million worth of property in Memphis as the company begins its exit...

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TBJ Plus: NC DMV HQ moves; Duke University alums have a best-selling toy on Amazon (Nasdaq: AMZN); NC tops Forbes biz list
News 2 months ago
TBJ Plus: NC DMV HQ moves; Duke University alums have a best-selling toy on Amazon (Nasdaq: AMZN); NC tops Forbes biz list

N. C. DMV HAS A NEW HOME: The moving of the headquarters for North Carolina's Department of Motor Vehicles to Rocky Mount is now official. Gov. Roy...

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2019 Year in Review: Residential and Commercial Real Estate
News 2 months ago
2019 Year in Review: Residential and Commercial Real Estate

Coming off a year of major development and transit upgrades, developers and property owners in Raleigh's Warehouse District entered 2019 with big...

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General Aviation tenants brace for spike in parking rates at Raleigh-Durham International Airport
News 2 months ago
General Aviation tenants brace for spike in parking rates at Raleigh-Durham International Airport

Parking prices are set to jump in 2020 for some general aviation flyers at Raleigh-Durham International Airport. After months in limbo, some...

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Developers set late 2020 date for first homes to be ready in Chatham Park near Pittsboro, North Carolina
News 2 months ago
Developers set late 2020 date for first homes to be ready in Chatham Park near Pittsboro, North Carolina

The first homes in Chatham Park could be complete by the end of 2020 as the project's developer has announced a partnership with a homebuilder....

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Raleigh-Durham International Airport officials say proposed border fence is meant to keep out 'trespassers'
News 2 months ago
Raleigh-Durham International Airport officials say proposed border fence is meant to keep out 'trespassers'

The Raleigh-Durham International Airport Authority defended its controversial $2.4 million perimeter fence plan Thursday - with airport officials...

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Raleigh-based group plans 950-home subdivision near Wake Forest, North Carolina
News 2 months ago
Raleigh-based group plans 950-home subdivision near Wake Forest, North Carolina

A proposed residential development near Wake Forest would bring 950 new homes to the community. Raleigh-based Tryon Investment Partners II LLC...

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Publix to open store in Wendell Falls community near Raleigh
News 2 months ago
Publix to open store in Wendell Falls community near Raleigh

Publix is eyeing its latest location in the Triangle -- and it's the company's first in eastern Wake County. San Diego-based real estate company...

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ExperienceOne Homes maps development with 200+ homes for Rolesville, North Carolina
News 2 months ago
ExperienceOne Homes maps development with 200+ homes for Rolesville, North Carolina

A Cary-based developer plans hundreds of homes for the town of Rolesville, joining the flood of development in the small Wake County town. Two...

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Raleigh among metros that saw the largest rent increases over the last decade (Slideshow)
News 2 months ago
Raleigh among metros that saw the largest rent increases over the last decade (Slideshow)

A recent report from Zillow calculates how the price of rent has increased in the past 10 years for 50 large metropolitan areas in the U. S. In the...

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Cree Inc. (Nasdaq: CREE) is growing its campus near Research Triangle Park
News 2 months ago
Cree Inc. (Nasdaq: CREE) is growing its campus near Research Triangle Park

A Durham-based tech company is expanding its footprint east of Research Triangle Park with a recent purchase of a 7-acre property abutting its...

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Lock7 Development pitches condo project for Raleigh's Cameron Village
News 2 months ago
Lock7 Development pitches condo project for Raleigh's Cameron Village

A Washington D. C. real estate developer is planning a second condo project in Raleigh - this one in Cameron Village. Lock7 Development filed plans...

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Developer, city leaders talk MLS plans for Eastland site in Charlotte
News 2 months ago
Developer, city leaders talk MLS plans for Eastland site in Charlotte

One developer promised a giant ski slope. Another envisioned a 30-acre, Hollywood-style movie studio. And, to no one's surprise, those pitches for...

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Dewey's Bakery partners with 100 North Carolina nonprofits for holiday stores
News 2 months ago
Dewey's Bakery partners with 100 North Carolina nonprofits for holiday stores

A popular Triad bakery whose products are now on supermarket shelves throughout the nation is reaching out to North Carolina non-profit...

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Turnbridge Equities' Cary Towne Center takes big step forward
News 2 months ago
Turnbridge Equities' Cary Towne Center takes big step forward

A proposed mixed-use development in Cary took a big leap forward Thursday night after the Town Council approved the developer's rezoning request to...

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DHIC collaboration plans 150 affordable senior-living apartments at site of East Raleigh church
News 2 months ago
DHIC collaboration plans 150 affordable senior-living apartments at site of East Raleigh church

A project slated for east Raleigh calls for a new 150-unit affordable senior-living complex, after a collection of area institutions teamed up for...

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Raleigh-Cary area among top U.S. markets for residential construction permits in 2019, per ApartmentGuide.com
News 2 months ago
Raleigh-Cary area among top U.S. markets for residential construction permits in 2019, per ApartmentGuide.com

The Raleigh area ranks among the top metros for the number of residential building permits issued to developers, according to a recent report by...

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2019 Businessperson of the Year: Advance Auto Parts (NYSE: AAP) CEO Tom Greco
News 2 months ago
2019 Businessperson of the Year: Advance Auto Parts (NYSE: AAP) CEO Tom Greco

Tom Greco's mind is always working. Whether it's an analysis of the CNBC story in the background as he sips his morning coffee or filtering...

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Paine Architects leaves its mark on Durham, Raleigh and places far away - Triangle Business Journal
News 2 months ago
Paine Architects leaves its mark on Durham, Raleigh and places far away - Triangle Business Journal

In the 22 years since Turan Duda and Jeffrey Paine began Duda|Paine architects in Durham, the pair has built a reputation for large, high-end...

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Karlin Real Estate grabs 100 acres next to its Parmer RTP campus
News 2 months ago
Karlin Real Estate grabs 100 acres next to its Parmer RTP campus

The owner of a large office campus in RTP is expanding its footprint in the park with the purchase of vacant land abutting its existing properties....

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$600M project to overhaul Charlotte airport's terminal lobby takes off (Photos)
News 2 months ago
$600M project to overhaul Charlotte airport's terminal lobby takes off (Photos)

Charlotte Douglas International Airport started its largest project on Tuesday by breaking ground on a $600 million expansion and renovation of the...

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Truist (NYSE: TFC) to purchase Hearst Tower in Charlotte for $455 million
News 2 months ago
Truist (NYSE: TFC) to purchase Hearst Tower in Charlotte for $455 million

Charlotte-based Truist Financial Corp. is buying Hearst Tower in uptown from Cousins Properties for $455.5 million. The bank will rename the...

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