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Davis Property to Start Construction on 243-Unit Apartment Project in Raleigh

Davis Property to Start Construction on 243-Unit Apartment Project in Raleigh

Construction is about to begin on the 243-unit Jones Grant Apartments complex in Raleigh.…

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Associated Estates Purchases Apt. Portfolio from Northwood Ravin for $329.9M

Associated Estates Purchases Apt. Portfolio from Northwood Ravin for $329.9M

In a $323.9 million deal, Charlotte-based developer Northwood Ravin is selling a portfolio of seven apartment communities totaling 1,606 units to Ohio real estate investment trust Associated Estates Realty Corp.…

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Bell Partners Acquires Apartments in Raleigh for $46.8M, Sells in Chapel Hill

Bell Partners Acquires Apartments in Raleigh for $46.8M, Sells in Chapel Hill

Apartment investment and management company Bell Partners Inc. of Greensboro has recently purchased The Woodlands at Wakefield Plantation, a 360-unit multi-family community in north Raleigh, which it renamed Bell Wakefield. According to the Triangle Business Journal, an entity managed by Altman Development Corp. of Boca Raton, Fla. sold the property…

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Highwoods Breaks Ground on $110M Build-to-Suit Technology Hub for MetLife

Highwoods Breaks Ground on $110M Build-to-Suit Technology Hub for MetLife

MetLife has recently celebrated the groundbreaking of its new build-to-suit global technology hub in Cary.…

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Novare, Beacon Partners to Break Ground on $60M Luxury Apts. in Downtown Raleigh

Novare, Beacon Partners to Break Ground on $60M Luxury Apts. in Downtown Raleigh

Atlanta-based Novare Group and Gregg Sandreuter’s Beacon Partners are about to break ground on SkyHouse Raleigh, a 23-story luxury apartment tower planned for the southwest corner of Martin and Blount streets in the city’s downtown.…

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Newland Buys Foreclosed 1,100-Acre Master-Planned Community in Wake County

Newland Buys Foreclosed 1,100-Acre Master-Planned Community in Wake County

San Diego-based Newland Communities has acquired the long-stalled Wendell Falls residential and commercial project in eastern Wake County. The NewsObserver reports that the developer paid $34 million for more than 1,100 acres of land that Wells Fargo foreclosed upon in 2010.…

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Aloft Hotels Slated to Open in Raleigh and Durham by Mid-2015

Aloft Hotels Slated to Open in Raleigh and Durham by Mid-2015

Starwood Hotels & Resorts has announced it would bring the Aloft brand to the Triangle with the opening of two new properties.…

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Construction to Begin on New GlenLake Office Building in West Raleigh

Construction to Begin on New GlenLake Office Building in West Raleigh

Highwoods Properties has announced it would soon break ground on its fourth building at the GlenLake Office Park near Crabtree Valley Mall in west Raleigh. The locally based real estate investment trust expects to invest $35.8 million in the development of the approximately 166,000-square-foot project, which is already 25 percent…

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LexisNexis Chooses 120,000-Sq.-Ft. in Centennial Campus for Expansion

LexisNexis Chooses 120,000-Sq.-Ft. in Centennial Campus for Expansion

Legal research firm LexisNexis has announced it would relocate its software division from Cary to Raleigh to accommodate the company’s growth. According to the Triangle Business Journal, LexisNexis will occupy the 120,000-square-foot office building on Centennial Campus that technology firm Red Hat had vacated earlier this year when it relocated…

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Crecent Signs up 6 Tenants for Property’s 17,900 SF Retail Component

Crecent Signs up 6 Tenants for Property’s 17,900 SF Retail Component

Six new tenants have recently committed to occupy the entire 17,900-square-foot street level retail component at Crescent Cameron Village, a mixed-use 282-unit residential community currently under construction in Raleigh’s historic Cameron Village.…

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Highwoods to Develop MetLife’s Global Technology and Operations Hub in Cary

Highwoods to Develop MetLife’s Global Technology and Operations Hub in Cary

Raleigh-based Highwoods Properties has unveiled its plans to develop a $110 million office park for MetLife on Weston Parkway in Cary.…

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Lawmakers Back Controversial 167-Acre Mega Development South of Durham

Lawmakers Back Controversial 167-Acre Mega Development South of Durham

751 South, a long-stalled residential and business mega development along the Durham-Chatham county line can finally move forward.…

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