Raleigh-Durham

By Liviu Oltean, Associate Editor
Alpha Install, a company that manages the installation of communications and technology equipment on vehicle fleets and satellite locations, is planning to move and expand its headquarters in Pittsboro. According to the CityBizList, the company chose […]

By Liviu Oltean, Associate Editor
KB Home is consolidating its foothold in the Durham market with the opening of their project located at 103 Daneborg Road & RDU International Airport.
The Orchard Ridge project entails a community of customizable single-family homes that […]

By Liviu Oltean, Associate Editor
FMW Real Estate sold 3.5 acres of a 6.67 acres industrial site to Faison & Associates for $9.6 million. Following this transaction, the two companies will collaborate on a project that will make downtown Raleigh the […]

By Liviu Oltean, Associate Editor
Duke Realty recently completed its third acquisition in the Triangle area with its purchase of Greenfield North Business Park.
The Greenfield North portfolio includes five buildings that encompass 397,332 square feet, with an additional 75.25 acres in […]

By Liviu Oltean, Associate Editor
Colonial Properties Trust recently sold six multifamily properties for $105.8 million. 
The properties are: Colonial Grand at Sugarloaf, Colonial Grand at McGinnis Ferry, Colonial Village at Meadow Creek, Summer Tree, Brookfield and Paces Cove. About $96.3 million […]

By Liviu Oltean, Associate Editor
Equity One Inc. agreed to sell 36 shopping centers to Blackstone Real Estate Partners VII for $473.1 million. The shopping centers encompass 3.9 million square feet and have mortgage loans that add up to a $177.4 […]

by Liviu Oltean, Associate Editor
Hotel Sierra in Morrisville will be rebranded as a Hyatt Summerfield Suites Hotel, following Hyatt Hotels Corp.’s closing on a 20-hotel portfolio belonging to LodgeWorks LP.
Hyatt initially showed interest in a 24-hotel portfolio, but the company ultimately […]

by Liviu Oltean, Associate Editor
The Catholic Diocese of Raleigh commissioned McCrery Architects LLC to design a new cathedral campus that will cost between $75 million to $90 million.
The campus will feature a 2,000-seat cathedral, a two-story gathering hall and a […]

by Liviu Oltean, Associate Editor

Red Hat Inc. is currently in negotiation with Progress Energy Inc. for a sublease of the downtown building, Two Progress Plaza. The building was leased by Progress Energy for a 30-year term in 2004, and will […]

By Liviu Oltean, Associate Editor
In an attempt to increase industrial and medical office assets, various companies in the Triangle have started to sell their office portfolios. Duke Realty, an Indianapolis-based company, listed for sale six buildings that represent about 12 […]