Leon Multifamily secures over $130 million to expand in North Carolina, Arizona and Texas
Leon Multifamily secures over $130 million to expand in North Carolina, Arizona and Texas
A Dallas-based developer has secured more than $130 million in financing for the construction of three multifamily projects across North Carolina, Arizona and Texas.
Raleigh rises one spot among largest economies in the United States
Population growth, business expansions — particularly in the finance sector — and a ramp-up in construction spending made Charlotte and Raleigh, North Carolina, two of the fastest-...
Acquisition increases Easterly Government Properties' holdings to 100 properties totaling nearly 10 million square feet
A Washington, D.C.-based real estate investment trust that targets commercial properties leased to government agencies is adding to its holdings with the purchase of a three-buildi...
Advenir Azora picks up 264-unit complex for $66 million
A newly built multifamily property has traded hands in the Raleigh, North Carolina, market as the area experiences a rapid expansion in its population.
Global biopharmaceutical company expects to create 370 jobs with new plant in Holly Springs
A global biopharmaceutical company is investing $1 billion in a new drug manufacturing plant in greater Raleigh, North Carolina, the latest in a run of high-profile pharmaceutical ...
England-based Reckitt Benckiser to invest $200 million to revamp Wilson facility
The British company behind Mucinex has picked its site in North Carolina for a new factory it said will be its largest over-the-counter manufacturing plant in the United States.
Sun Belt landlord offloads North Carolina property at steep discount to hone focus on higher-quality assets
Highwoods Properties is moving full steam ahead on plans to upgrade its portfolio of office properties and weed out any that fall short of its top-tier ambitions — even if it means...
Some properties have traded at discounts, but distress sales are still rare
Sales volume in the Durham, North Carolina, multifamily market has fallen over 80% from record highs two years ago. The steep drop comes as fewer properties are trading, and many p...
Industrial properties close the gap with office
The four major commercial property types in the Raleigh, North Carolina, market are collectively worth about $83 billion, according to CoStar data. Multifamily has long been the mo...
Crystal Windows & Door Systems plans to begin Selma project next year
A New York-based window and door systems manufacturer is looking to expand its Southeast operations with plans to develop a nearly $100 million plant in greater Raleigh, North Caro...
Firm pays $845 million for apartment portfolio in Las Vegas, Phoenix, other markets
Brookfield Properties purchased a portfolio of multifamily complexes in Las Vegas, Phoenix and other major markets as large investors are making bets that apartment demand will ris...
Vacancies tighter for lower-priced apartments
Apartment vacancies are elevated in much of Raleigh, North Carolina, as the market digests a historic wave of new construction.
Asking rents in both markets grew 6% over past year
A pair of student housing acquisitions in Kansas and Alabama are adding to the portfolio of one of the nation’s largest providers of off-campus accommodations as the company looks ...
Retailer plans to shut four distribution centers, exit West Coast
Advance Auto Parts is slashing its store fleet by more than 700 locations and shuttering four distribution centers, adding to this year's pile of retail closings that are starting ...
Expansion is one of three city-supported projects to remake southern end of Downtown
City officials have released renderings showing three potential designs for the expansion of the Raleigh Convention Center in Raleigh, North Carolina, part of a larger remake of th...
Domestic migration accounts for more than 75% of its population growth
North Carolina is one of the fastest-growing states in the country. Vibrant areas such as Charlotte, Raleigh and Wilmington have been successful in attracting people from across th...
Nationally, new job creation is not too far ahead of housing permits
It has become a common trope to say that the U.S. is structurally under-housed, but according to a few key indicators, the U.S. housing market is more balanced than one may think. ...
Check Out CoStar's Quarterly List of Market-Leading Deals and Dealmakers
A prominent industrial deal handled by JLL and a multifamily disposition arranged by Walker & Dunlop are among the top third-quarter property sales recognized by CoStar.
Check Out CoStar's Quarterly List of Market-Leading Deals and Dealmakers
Prominent office leases signed by Oracle, Parexel and HCL America negotiated by top dealmakers from Trinity Partners and Avison Young are among the third-quarter office leases rec...
Check Out CoStar's Quarterly List of Market-Leading Deals and Dealmakers
Prominent industrial leases signed by Aisin North Carolina, Axon Styrotech and Ionna negotiated by top dealmakers from NAI Tri Properties and NAI Piedmont Triad are among the thir...