The co-warehousing trend seems to be catching on. The Raleigh Business Journal reports Blue Co. Warehousing is building a third version of its warehousing concept. On the company’s website, Blue Co. says it is building out a scaled network of…
Highwoods sold an eight-building Raleigh medical office portfolio to two separate buyers. Evergreen Medical Properties acquired the seven buildings in the Rexwoods Office Center campus in West Raleigh. Northwood Ravin purchased a nearly 100,000-square-foot building next to the Research Triangle…
It’s the seventh time Life Time has blended the concept of a high-end fitness facility and a residential rental community. The Triangle Business Journal reports Life Time will open a new fitness facility and beach club in The Exchange Raleigh…
Vision Hospitality has purchased a quarter-acre lot in Raleigh’s Glenwood South in order to build a Moxy hotel. The Triangle Business Journal reports Vision paid $4.6 million for the parcel. Turnbridge Equities was the seller. Turnbridge paid $3.7 million for…
Elmwood Development has completed its assemblage of Downtown Raleigh lots, and now it can get moving on a 12-story building. The Triad Business Journal reports Elmwood recently acquired three lots in the Warehouse District near the Fairweather Condos for $6.48…
The pickleball craze shows no sign of slowing, and when you add golf simulators to the mix, you’re on top of the latest experiential development trends. The owners of Pin Point say their new project will be the largest indoor…
The Providence Group is adding a new office in Raleigh, North Carolina and welcomes two seasoned Raleigh-based brokers, Reagan Crabtree and Cristi Webb. “We have wanted to open a Raleigh office for years. We waited for the right caliber of…
JLL has arranged the $59 million sale of Northside Center, a 15-building light industrial and office portfolio in the Raleigh-Durham metro. Located on more than 33 acres, the 548,560-square-foot portfolio is adjacent to Interstate 440 and offers tenants easy access…
Cedar Grove Capital has acquired Hawthorne Six Forks, a 471-unit apartment community in Raleigh for $66 million. The seller was not disclosed. Henry Stimler, Bill Weber and Nick Webb of NKF secured a $46 million acquisition loan on behalf of…
Privately-owned global real estate investment firm Hines has announced that it has opened a new investment and development office in Raleigh. The office will be led by Paul Zarian, who will be responsible for sourcing and executing new development and…
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