Corning Inc., a major materials science company, announced last week it is halting its operations at its distribution facility in Edgecombe County, according to the Triangle Business Journal. Corning is handing off management of the 780K SF site in the Kingsboro…
A North Carolina developer has acquired a large parcel of land in Durham, five months after receiving rezoning approval from the city for a 300-acre mixed-use development. Charlotte-based Beacon Partners bought 119 acres in southeast Durham in a $20M deal with…
Courtesy of Merriman Schmitt Architects Construction is well underway on the final undeveloped site in the Pineville industrial corridor in the Charlotte metro area. The last large-scale development there, the Pineville Distribution Center, will be a 194K SF Class-A industrial facility…
Siemens Energy’s manufacturing facility at 101 Siemens Ave. in Charlotte Siemens Energy has announced $421M expansion plans across its North Carolina operations in both Charlotte and Raleigh, the Charlotte Business Journal reported. A significant portion of the expansion will be…
An optical cable dealer will benefit from the surge in data center development with a billion-dollar deal that will expand its North Carolina manufacturing. Corning Inc. will boost its optical cable manufacturing presence in North Carolina through a $6B data…
The last quarter of 2025 came with price haircuts across much of the U.S. real estate landscape. Urban offices were hit particularly hard. Commercial properties took price haircuts across the U.S. at the end of 2025, according to MSCI. While MSCI’s…
CommScope, a North Carolina telecommunications company and one of Catawba County’s largest employers, is halting a long-planned expansion project, according to The Charlotte Observer. The fiber-optic manufacturing facility project in the town of Catawba, just north of Charlotte, was projected to…
Charlotte Motor Speedway has sold land near its famous track in Concord, North Carolina, to the Hendrick Motorsports racing team, the Charlotte Business Journal reported. An entity connected to Hendrick purchased the 20-acre site at 7001 Bruton Smith Blvd. in Concord’s…
The Kroger Co. is pulling back from developing a network of automated e-commerce fulfillment centers and will instead focus on expanding its brick-and-mortar grocery store network. The grocery chain announced it would close three of its eight robotics-powered fulfillment centers. The centers…
The York County Council in South Carolina voted Tuesday to approve a tax incentive deal to bring a Costco distribution center to Rock Hill near Charlotte, according to The Herald. During the third and final reading of the ordinance and after hours…
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