A North Carolina-based real estate investment firm is raising capital to try to cash in on properties that benefit from a key change in the tax code passed by President Donald Trump’s One Big Beautiful Bill Act. Madison Capital Group launched Car…
Gen Z-focused retail brand Princess Polly is deepening its brick-and-mortar push with a slew of new stores planned in the U.S. and abroad. Eight new U.S. stores are on the way from the midrange fashion company, according to a March…
The North Carolina Department of Transportation has floated allowing parts of the planned I-77 interstate expansion to be constructed underground, after dismissing the idea as too expensive just a month prior, according to a Charlotte Observer report. NCDOT indicated that underground expansion of…
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 major mixed-use project in a northern Charlotte suburb has cleared a key regulatory hurdle. The Huntersville Planning Board voted Wednesday to back a rezoning proposal for a $200M mixed-use development from WLA Enterprises Inc., The Charlotte Observer reported. Knox Crossing,…
The Sonesta Extended Stay Hotel in southwest Charlotte was sold to a New York-based nonprofit on Feb. 12 and is reportedly earmarked to become housing for veterans. Marcus & Millichap announced it had brokered the sale, representing the private seller. The announcement…
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…
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