Raleigh-Durham
NC Triangle Retail Center Sells for $11M
Glenwood Square is a 51,900-square-foot grocery-anchored center in Chapel Hill. The asset traded for the first time in the past 25 years.
JLL Carolinas Adds New SVP
With more than 15 years of experience, Katie Coppins will focus on tenant representation and business development in the Triangle.
Preferred Apartment Communities Buys NC Office Tower
The buyer completed the acquisition of Wells Fargo Capitol Center in Raleigh through its subsidiary, Preferred Office Properties. New York Life Insurance Co. provided the financing.
JV Acquires Office, R&D Asset in Downtown Durham
The three-building campus last traded in 2016, when FCP bought it for $18 million. The property then underwent extensive renovations, also preparing it for further potential development.
Go Store It Breaks Ground on 2 Carolinas Facilities
The company is building the projects in Asheville, N.C., and Mt. Pleasant, S.C., with plans to develop five additional properties in Charlotte, N.C.; Cary, N.C.; Louisville, Ky.; and Fredericksburg, Va.
Skanska Lands $189M Contract for NC Hospital Tower
Duke University Health System has selected the construction and development company to build a 500,000-square-foot addition to its main health-care campus in Durham.
Sun Life Offloads NC Office Portfolio
The transaction, valued at more than $30 million, includes approximately 223,000 square feet near Raleigh-Durham. The seven buildings in the deal will soon undergo renovation work.
Somerset Properties JV Sells 5-Building NC Industrial Portfolio
HFF represented the sellers in the disposition of Airport Distribution Center in Greensboro, which traded for a little over $32 million.
OA Development Acquires $31M Office Portfolio in NC
An HFF team paired properties from two sellers—ROC III Fairlead Imperial Center LLC and Crown Realty—to package four buildings involved in the transaction.
Kaufman Lynn Construction Hires Regional SVP
Industry veteran John Wilkins brings more than 35 years of construction experience to the company’s new regional office in Raleigh, N.C.