Raleigh-Durham
North Carolina Life Science Asset Secures 2 New Leases
Parmer Innovation Centers’ Parmer RTP campus in Durham is now home to LabCorp and Duke Health Technology Solutions.
Downtown Raleigh Office Tower Lands $80M Refi
Heritage Properties secured the M&T Bank financing for One Glenwood. The deal closed immediately after the company obtained a $73 million construction loan for its Bloc[83] project.
The Fallon Company Breaks Ground on Raleigh Tower
The high-rise is the first phase of mixed-use development Raleigh Crossing. Product cloud creator Pendo has already preleased five floors in the upcoming building.
Pfizer to Invest $500M in Life Sciences Facility
The expansion at the company’s 230-acre campus in Sanford, N.C., is part a $5 billion capital projects program.
Between the Lines of Raleigh-Durham’s Growth Story
CBRE Executive Vice President Brad Corsmeier shares his insights into the metro’s establishment as a major tech hub and how the office market can weather the next downturn.
Bain Capital Sells $405M Life Sciences Portfolio
The deal is the third in a string of life sciences dispositions the company has closed this year, following sales of properties in San Diego and Boston.
JLL to Double Raleigh-Durham Office Space
The company’s Carolinas division will relocate into a larger space early next year after inking a lease at an upcoming mixed-use development in the Triangle.
KBS Sells Raleigh Office High-Rise
The Class A asset last traded in 2013, when a joint venture that also included Kane Realty Corp. shelled out $98.4 million.
Global Mutual Buys Triangle Office Park for $81M
BBVA Compass Bank provided the buyer of the nearly 430,000-square-foot Class A research campus with a five-year, $61.6 million acquisition loan.
Principal Global Investors Trades NC Office Park
The two buildings changed hands for nearly $40 million and encompass some 165,000 square feet of Class A space in the metro’s Six Forks Road submarket.