Raleigh-Durham
The Dillon Grows Office Tenant Roster
The mixed-use development’s office tower is currently 40 percent pre-leased. Construction of The Dillon is expected to be complete in early 2018.
Raleigh Hotel Market: On the Rise
The City of Oaks’ economy and lodging industry continues to see strong growth, as the area remains a premier destination for business and tourism. Consulting firm HVS’ research pointed out that Raleigh’s hotel industry is performing well, making Raleigh one of the top hospitality markets in the country.
Raleigh Office Building Nearing Full Occupancy
Completed earlier this month, Wade IV is the newest addition to the four-building, mixed-use campus dubbed the Offices at Wade.
BB&T Grabs Raleigh Office Building in $34M Deal
In addition to Highwoods Tower One, Highwoods Properties has agreed to sell the adjacent Highwoods Tower Two. The second transaction is scheduled to close in the second quarter of 2018.
New Marriott Hotel Opens in Raleigh, NC
The StateView is part of the Centennial Campus of North Carolina State University. At completion, the campus will house nine million square feet of commercial, residential, laboratory and research facilities.
Upcoming Raleigh-Area Mixed-Use Center Lands New Tenants
CBRE announced that Domino’s Pizza, Eye Level Learning, Pure Juicery Bar, Nest Realty and Avance Pediatric and Adult Primary Care will be coming to Village Square at Amberly in Cary, N.C.
Eco Group Plans $800M M-U Project Near Raleigh-Durham
The 350-acre live-work-play development known as Mosaic will break ground in 2018. Phase one will yield 44 acres of entertainment and lifestyle accommodations at a construction cost of $140 million.
HFF Facilitates the Sale of 126 KSF Raleigh Business Center
Stoltz Real Estate Fund VI purchased the property from a partnership between Somerset Properties and Alex Brown Realty for $17.8 million.
Starwood, Trinity, Vanderbilt Sell Big in NC
The JV purchased a seven-property portfolio completed in the 1990s and early 2000s which is currently about 91 percent leased to a STEM-heavy tenant roster. HFF marketed the offering on behalf of the seller and procured the buyer.
10 Federal Expands NC Self-Storage Footprint
The company will convert the new property, located in Chapel Hill, N.C., to unmanned operations following the same approach implemented at its other self-storage facilities.