Raleigh-Durham
MetLife Taps Highwoods for NC Expansion
After having wrapped up construction on MetLife’s $125 million global technology headquarters in Cary in 2015, Highwoods Properties was selected to spearhead the development of a third building at the Weston Lakefront office park.
Lidl Announces Opening Date for U.S. Stores
The company is opening supermarkets in North Carolina, South Carolina and Virginia. By the summer of 2018, Lidl plans to operate 100 stores across the East Coast, creating 5,000 jobs.
Four Points by Sheraton Debuts in Raleigh
PM Hotel Group will manage the newly rebranded property, which offers 113 guestrooms, along with a variety of amenities, including passions for beer and barbecue.
Divaris Real Estate Completes NC Retail Leases
The company’s broker negotiated on behalf of both Wendover Village in Greensboro, N.C., and Cornelius Shops in Cornelius, N.C. The two leases total 2,820 square feet.
Record Leasing Numbers at N.C. Self-Storage Facility
The company’s newest self-storage facility leased 77 units in April 2017, exceeding 10 Federal’s prior single-month record of 48 leases achieved in May 2016.
Global Manufacturer Expands to NC with $13M Investment
The refrigerant packaging company selected Martin County for a new facility, which will provide the area with 31 new jobs. Salaries at Weitron Inc. will be about $4,000 more than the $28,000 annual average income of the county.
Southern Gateway Lands $77M Construction Loan
Slated for completion in 2018, the 2.9-acre development will rise in the heart of Durham’s Innovation District.
Innovatus Buys Keystone Office Park Buildings
The company has made its first big investment by acquiring two office properties totaling 223,475 square feet in Durham, N.C.
Raleigh’s Now Twice as Nice for Avison Young
The firm just expanded its presence in the area with the acquisition of Hunter & Associates.
Inland Closes Sale of 4 Medical Assets
The properties total 119,000 square feet and are located in the Houston, Raleigh and Salt Lake City metro areas.