Raleigh-Durham
Wheelock Street Capital Acquires 316-Acre Master-Planned Community from NVR; New Student Housing Project Rising in Winston-Salem
Wheelock Street Capital of Greenwich, Connecticut has acquired the 316-acre master-planned community of Jordan Pointe in Apex from national home-building holding company NVR, Inc., the parent company of NVHomes and Ryan Homes.
Brookline Investment Group Acquires 236-Unit Multi-Family Community in Durham for $23.6M; Investcorp Pays $84M for RTP’s Meridian Business Campus
Brookline Investment Group of Aliso Viejo, California is now the new owner of the newly-renovated Yorktown Club apartment community in Durham.
New York Investors Acquire Research Tri-Center Industrial Park in Record $115M Deal
An institutional real estate investment group represented by Clarion Partners of New York has acquired Durham’s Research Tri-Center industrial park, the largest property of its kind in the Triangle.
164-Key Hyatt Place Hotel Opens in South Durham; Historic Property Conversion in Mebane to Bring 157 Apartments
A new limited-service Hyatt Place hotel is now open for business near Southpoint mall in Durham.
Cassidy Turley Acquires Synergy Commercial Advisors
Cassidy Turley is bolstering its presence in the Research Triangle with the acquisition of a six-year-old tenant rep firm.
Highwoods Properties Sells RTP Office Complex for $58.7M
In its second quarter earnings report, Highwoods Properties has announced the sale of the Research Commons Office complex in Research Triangle Park. The property, which consists of five buildings and a 13-acre future development site, sold to an undisclosed buyer for $58.7 million.
Master-Planned Community’s First Homes at Wendell Falls to Open by Next Spring
The first homes at Wendell Falls, Newland Communities’ 1,115-acre master-planned development in eastern Wake County, are scheduled for completion by next spring.
Oak Residential Partners Acquires Multi-Family Property for $33M; Liberty Property Trust Plans Speculative Industrial Park in Durham
Oak Residential Partners LLC of Deerfield, Ill. is the new owner of the Evergreens at Mount Moriah, a 268-unit garden-style apartment community in Durham.
Bayer CropScience Announces $30M HQ Expansion at Research Triangle Park
Plant science company Bayer CropScience is planning to invest $29.6 million in the expansion of its North American and global Seeds headquarters in the Research Triangle Park.
Grubb, Kalikow Break Ground on Link Apartments Glenwood South in Raleigh
Grubb Properties, in partnership with The Kalikow Group, has officially broken ground on Link Apartments, Glenwood South, a 204-unit apartment community in Raleigh.