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<title>Bisnow News Feed</title>
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<description>Bisnow Raleigh/Durham News</description>
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<language>en-US</language>
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<title>Prologis Buys 28 Acres Near Key North Carolina Corridor</title>
<link>https://www.bisnow.com/raleigh-durham/news/industrial/prologis-logistics-company-acquires-28-acres-near-busy-north-carolina-corridor-134804</link>
<guid>https://www.bisnow.com/raleigh-durham/news/industrial/prologis-logistics-company-acquires-28-acres-near-busy-north-carolina-corridor-134804</guid>
<description>California-based logistics giant Prologis is moving forward on a major industrial project near one of North Carolina’s busiest corridors.</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Mon, 01 Jun 2026 12:08:56 -0400</pubDate>
<content:encoded><![CDATA[California-based logistics giant Prologis is moving forward on a major industrial project near one of North Carolina’s busiest corridors.]]></content:encoded>
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<title>Tidal Revises Raleigh Tower Plans To Include More Retail, Fewer Apartments</title>
<link>https://www.bisnow.com/raleigh-durham/news/retail/tidal-updates-raleigh-tower-plans-adding-retail-space-134401</link>
<guid>https://www.bisnow.com/raleigh-durham/news/retail/tidal-updates-raleigh-tower-plans-adding-retail-space-134401</guid>
<description>Retail space is becoming such a hot commodity in North Carolina’s urban markets that developers are changing their plans to include more of it.
New York-based Tidal Real Estate Partners has altered plans for its proposed 20-story mixed-use tower in...</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Mon, 04 May 2026 11:51:17 -0400</pubDate>
<content:encoded><![CDATA[Retail space is becoming such a hot commodity in North Carolina’s urban markets that developers are changing their plans to include more of it.
New York-based Tidal Real Estate Partners has altered plans for its proposed 20-story mixed-use tower in downtown Raleigh to add retail space, the Triangle Business Journal reported. The project's ground-floor retail space will now span 20,601 SF instead of the originally planned 18,650 SF.
A Colliers Raleigh-Durham Q1 2026 retail market report noted that this is “the fourth consecutive year the market has maintained sub-3% vacancy, highlighting the ongoing scarcity of available space.” Raleigh's Village District even has a waitlist...]]></content:encoded>
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<title>How Colliers Project Leaders Adds Accountability, Cuts Risk For Clients</title>
<link>https://www.bisnow.com/raleigh-durham/news/construction-development/education-colliers-project-leaders-studiob-134478</link>
<guid>https://www.bisnow.com/raleigh-durham/news/construction-development/education-colliers-project-leaders-studiob-134478</guid>
<description>Colliers Project Leaders, a division of Colliers Engineering &amp; Design, provides project management services for public and private clients in sectors including education, healthcare and municipal government. But its clients all have one thing in common:...</description>
<author>john.krukowski@bisnow.com</author>
<pubDate>Thu, 07 May 2026 12:00:37 -0400</pubDate>
<content:encoded><![CDATA[Colliers Project Leaders, a division of Colliers Engineering & Design, provides project management services for public and private clients in sectors including education, healthcare and municipal government. But its clients all have one thing in common: day jobs. 
“As busy executives, whether they are school administrators or healthcare facilities managers, our clients typically don’t have the bandwidth to manage multimillion-dollar capital projects or even large building renovations or restorations,” said Ken Guyette, Colliers Project Leaders regional discipline leader based in Florida.
To make sure their projects get the level of attention they need, they seek the help of an experienced owner’s project manager,...]]></content:encoded>
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<title>South Raleigh Is Becoming A Hot Spot For Development</title>
<link>https://www.bisnow.com/raleigh-durham/news/other/development-activity-continues-to-move-south-of-raleighs-downtown-134326</link>
<guid>https://www.bisnow.com/raleigh-durham/news/other/development-activity-continues-to-move-south-of-raleighs-downtown-134326</guid>
<description>South Raleigh is where development activity is concentrating in the metro area, with big projects in the works.
</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Tue, 28 Apr 2026 13:43:09 -0400</pubDate>
<content:encoded><![CDATA[South Raleigh is where development activity is concentrating in the metro area, with big projects in the works.
]]></content:encoded>
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<title>AbbVie's Planned $1B-Plus Research Triangle Campus Development Buoys Improved Life Sciences Outlook</title>
<link>https://www.bisnow.com/raleigh-durham/news/life-sciences/recent-major-deals-and-q1-data-indicate-strength-of-life-sciences-market-in-raleigh-durham-134303</link>
<guid>https://www.bisnow.com/raleigh-durham/news/life-sciences/recent-major-deals-and-q1-data-indicate-strength-of-life-sciences-market-in-raleigh-durham-134303</guid>
<description>A major Triangle investment in new life sciences space may be the icing on the cake for a resurgent biotech sector in North Carolina.
Illinois-based AbbVie announced last week it would spend $1.4B for a 185-acre pharmaceutical manufacturing campus. The...</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Mon, 27 Apr 2026 13:34:15 -0400</pubDate>
<content:encoded><![CDATA[A major Triangle investment in new life sciences space may be the icing on the cake for a resurgent biotech sector in North Carolina.
Illinois-based AbbVie announced last week it would spend $1.4B for a 185-acre pharmaceutical manufacturing campus. The new space will “integrate advanced manufacturing and laboratory technologies” for the company’s immunology, neuroscience and oncology medicines, according to a press release.
The deal is AbbVie’s first big investment in North Carolina. The company said it chose the location, near Research Triangle Park, largely because of the area’s impressive local workforce as well as its “ability to support future expansion,” according to the release.
Construction...]]></content:encoded>
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<title>Toll Brothers Planning Luxury Residential Development In Cary</title>
<link>https://www.bisnow.com/raleigh-durham/news/multifamily/toll-brothers-planning-residential-development-in-cary-134097</link>
<guid>https://www.bisnow.com/raleigh-durham/news/multifamily/toll-brothers-planning-residential-development-in-cary-134097</guid>
<description>A mobile home park may be redeveloped into high-end townhouses and multifamily units.</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Mon, 13 Apr 2026 14:19:25 -0400</pubDate>
<content:encoded><![CDATA[A mobile home park may be redeveloped into high-end townhouses and multifamily units.]]></content:encoded>
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<title>After Rezoning Win, Kane Realty Files Plans For North Hills Tower</title>
<link>https://www.bisnow.com/raleigh-durham/news/multifamily/rezoning-win-kane-realty-north-hills-tower-133981</link>
<guid>https://www.bisnow.com/raleigh-durham/news/multifamily/rezoning-win-kane-realty-north-hills-tower-133981</guid>
<description>A few months after gaining approval for a zoning change to increase the vertical limit in midtown Raleigh, Kane Realty Corp. has filed plans for a 15-story mixed-use tower.</description>
<author>craig.idlebrook@bisnow.com</author>
<pubDate>Mon, 06 Apr 2026 13:50:35 -0400</pubDate>
<content:encoded><![CDATA[A few months after gaining approval for a zoning change to increase the vertical limit in midtown Raleigh, Kane Realty Corp. has filed plans for a 15-story mixed-use tower.]]></content:encoded>
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<title>Raleigh Hotel Will Undergo A Rebrand After Discounted Sale</title>
<link>https://www.bisnow.com/raleigh-durham/news/hotel/complete-rebrand-to-follow-28m-sale-of-one-of-raleighs-largest-hotels-133908</link>
<guid>https://www.bisnow.com/raleigh-durham/news/hotel/complete-rebrand-to-follow-28m-sale-of-one-of-raleighs-largest-hotels-133908</guid>
<description>One of Raleigh's largest hotels sold for close to $20M less than it was purchased for in 2015. </description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Tue, 31 Mar 2026 09:59:20 -0400</pubDate>
<content:encoded><![CDATA[One of Raleigh's largest hotels sold for close to $20M less than it was purchased for in 2015. ]]></content:encoded>
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<title>Data Center Moratoriums Considered Around Raleigh-Durham</title>
<link>https://www.bisnow.com/raleigh-durham/news/construction-development/north-carolina-towns-counties-consider-moratoriums-on-data-centers-133779</link>
<guid>https://www.bisnow.com/raleigh-durham/news/construction-development/north-carolina-towns-counties-consider-moratoriums-on-data-centers-133779</guid>
<description>A handful of North Carolina municipalities and counties are hitting the pause button on data center development. </description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Mon, 23 Mar 2026 13:54:00 -0400</pubDate>
<content:encoded><![CDATA[A handful of North Carolina municipalities and counties are hitting the pause button on data center development. ]]></content:encoded>
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<title>Charlotte, Raleigh Named No. 1 And No. 2 Retail Markets In U.S.</title>
<link>https://www.bisnow.com/charlotte/news/retail/raleigh-charlotte-stand-out-in-new-retail-report-133715</link>
<guid>https://www.bisnow.com/charlotte/news/retail/raleigh-charlotte-stand-out-in-new-retail-report-133715</guid>
<description>Charlotte and Raleigh have emerged as the top two retail markets in the country, according to Marcus &amp; Millichap’s 2026 Retail Investment Forecast Report published March 12.</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Wed, 18 Mar 2026 14:53:23 -0400</pubDate>
<content:encoded><![CDATA[Charlotte and Raleigh have emerged as the top two retail markets in the country, according to Marcus & Millichap’s 2026 Retail Investment Forecast Report published March 12.]]></content:encoded>
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<title>Apex Data Center Scrapped</title>
<link>https://www.bisnow.com/raleigh-durham/news/data-center/massive-raleigh-area-data-center-scrapped-133584</link>
<guid>https://www.bisnow.com/raleigh-durham/news/data-center/massive-raleigh-area-data-center-scrapped-133584</guid>
<description>A massive data center project in the Raleigh area is no longer moving forward, the Triangle Business Journal reported.</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Tue, 10 Mar 2026 13:17:52 -0400</pubDate>
<content:encoded><![CDATA[A massive data center project in the Raleigh area is no longer moving forward, the Triangle Business Journal reported.]]></content:encoded>
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<title>Corning Is Out, Ryder Is In At Eastern North Carolina Distribution Center</title>
<link>https://www.bisnow.com/raleigh-durham/news/other/corning-inc-is-ending-transferring-operations-at-edgecombe-facility-133459</link>
<guid>https://www.bisnow.com/raleigh-durham/news/other/corning-inc-is-ending-transferring-operations-at-edgecombe-facility-133459</guid>
<description>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...</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Mon, 02 Mar 2026 11:24:21 -0500</pubDate>
<content:encoded><![CDATA[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 Business Park, located off Highway 64 between Rocky Mount and Tarboro, to Florida-based transportation and logistics company Ryder, the company told TBJ.
In a document it filed with the state of North Carolina, Corning cited a strategic shift in business operations as its reason for leaving Edgecombe County.
Ryder will reportedly distribute products for Corning at the center, the company’s North America life...]]></content:encoded>
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<title>Microsoft To Build Megacampus In North Carolina Near Virginia Border</title>
<link>https://www.bisnow.com/raleigh-durham/news/data-center/microsoft-reveals-plan-for-megasite-near-north-carolina-virginia-border-133398</link>
<guid>https://www.bisnow.com/raleigh-durham/news/data-center/microsoft-reveals-plan-for-megasite-near-north-carolina-virginia-border-133398</guid>
<description>Microsoft has revealed its plans to build a sprawling campus north of Durham near the North Carolina-Virginia border, according to local officials. The 1,350-acre Person County Mega Park north of Roxboro will include a data center.
</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Wed, 25 Feb 2026 14:11:13 -0500</pubDate>
<content:encoded><![CDATA[Microsoft has revealed its plans to build a sprawling campus north of Durham near the North Carolina-Virginia border, according to local officials. The 1,350-acre Person County Mega Park north of Roxboro will include a data center.
]]></content:encoded>
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<title>Town Lane's ShopOne Platform Acquires 2 Shopping Centers In Raleigh-Durham Region </title>
<link>https://www.bisnow.com/raleigh-durham/news/retail/shopone-acquires-two-triangle-region-shopping-centers-133353</link>
<guid>https://www.bisnow.com/raleigh-durham/news/retail/shopone-acquires-two-triangle-region-shopping-centers-133353</guid>
<description>When real estate investment firm Town Lane acquired ShopOne, a New York-based REIT, its ownership group promised to expand ShopOne's portfolio with more value-add retail assets. The firm began to make good on this promise with two acquisitions in North...</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Mon, 23 Feb 2026 12:48:00 -0500</pubDate>
<content:encoded><![CDATA[When real estate investment firm Town Lane acquired ShopOne, a New York-based REIT, its ownership group promised to expand ShopOne's portfolio with more value-add retail assets. The firm began to make good on this promise with two acquisitions in North Carolina.]]></content:encoded>
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<title>Beacon Partners Lands 119 Acres For Mixed-Use Development In Durham</title>
<link>https://www.bisnow.com/raleigh-durham/news/mixed-use/beacon-partners-seals-20m-land-sale-for-mixed-use-development-in-durham-133272</link>
<guid>https://www.bisnow.com/raleigh-durham/news/mixed-use/beacon-partners-seals-20m-land-sale-for-mixed-use-development-in-durham-133272</guid>
<description>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. </description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Tue, 17 Feb 2026 14:14:49 -0500</pubDate>
<content:encoded><![CDATA[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. ]]></content:encoded>
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<title>New Jersey Firm Pays $106M For Raleigh Apartment Complex</title>
<link>https://www.bisnow.com/raleigh-durham/news/multifamily/new-jersey-based-firm-purchases-raleigh-apartment-complex-106m-133174</link>
<guid>https://www.bisnow.com/raleigh-durham/news/multifamily/new-jersey-based-firm-purchases-raleigh-apartment-complex-106m-133174</guid>
<description>The Hudson 5401 apartment complex in northeast Raleigh has sold for more than $100M, according to the Triangle Business Journal.
New Jersey-based Landmark Cos. acquired the property, which sits on 20.5 acres at 7760 Midtown Market Ave. near Interstate...</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Wed, 11 Feb 2026 12:22:03 -0500</pubDate>
<content:encoded><![CDATA[The Hudson 5401 apartment complex in northeast Raleigh has sold for more than $100M, according to the Triangle Business Journal.
New Jersey-based Landmark Cos. acquired the property, which sits on 20.5 acres at 7760 Midtown Market Ave. near Interstate 540, from Hudson Capital Properties for $106M.
The complex boasts 454 units spanning 15 three-story buildings. It is reportedly 93% leased.
Landmark sought the acquisition of the apartments as an entry point into North Carolina. It sold a 10-property portfolio for $90M in New Jersey so it could reposition and diversify with the Raleigh purchase, the TBJ reported.
Landmark principal Eric Harvitt told the TBJ the firm...]]></content:encoded>
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<title>Planned EV Battery Materials Factory Delayed In North Carolina</title>
<link>https://www.bisnow.com/raleigh-durham/news/industrial/battery-factory-planned-for-north-carolina-delayed-again-133049</link>
<guid>https://www.bisnow.com/raleigh-durham/news/industrial/battery-factory-planned-for-north-carolina-delayed-again-133049</guid>
<description>Epsilon Advanced Materials Pvt. Ltd., an India-based battery materials manufacturer, announced it will delay breaking ground on its approximately $650M factory in coastal North Carolina, according to the Triangle Business Journal.
Epsilon said construction...</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Tue, 03 Feb 2026 14:30:27 -0500</pubDate>
<content:encoded><![CDATA[Epsilon Advanced Materials Pvt. Ltd., an India-based battery materials manufacturer, announced it will delay breaking ground on its approximately $650M factory in coastal North Carolina, according to the Triangle Business Journal.
Epsilon said construction for the planned plant at the Mid-Atlantic Industrial Rail Park megasite in Brunswick County will begin in late 2026. The company previously said it had planned to break ground early this year. 
This is the second substantial delay for the project. Originally, the Mumbai-based company had envisioned the start of construction in 2024, according to the report. The plant is slated to make core components for lithium-ion batteries for electric vehicles. 
CEO Sunit...]]></content:encoded>
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<title>Raleigh Multifamily Report Predicts Rise In Investor Interest, Rents </title>
<link>https://www.bisnow.com/raleigh-durham/news/multifamily/raleigh-multifamily-report-predicts-rise-in-investor-interest-rents-132931</link>
<guid>https://www.bisnow.com/raleigh-durham/news/multifamily/raleigh-multifamily-report-predicts-rise-in-investor-interest-rents-132931</guid>
<description>Institutional investor growth is expected to climb in the Raleigh, North Carolina, multifamily market this year, with the promise of rising rental rates returning to the metro area.
This comes as the city’s apartment market finds stabler footing following...</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Tue, 27 Jan 2026 16:49:33 -0500</pubDate>
<content:encoded><![CDATA[Institutional investor growth is expected to climb in the Raleigh, North Carolina, multifamily market this year, with the promise of rising rental rates returning to the metro area.
This comes as the city’s apartment market finds stabler footing following several years of rapid growth, according to a Marcus & Millichap multifamily investment report.  
“We’re seeing investor interest pick up again, especially in Class C and mid-tier assets located in submarkets with limited new supply and stable demand,” Ben Yelm, the firm’s managing director and market leader for the Carolinas, said in a statement.
Rent growth will remain subdued in 2026 but will grow,...]]></content:encoded>
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<title>Alexandria Sells $30M Research Triangle Park Site To Boston Firm</title>
<link>https://www.bisnow.com/raleigh-durham/news/life-sciences/california-firm-sells-30m-research-triangle-park-site-132746</link>
<guid>https://www.bisnow.com/raleigh-durham/news/life-sciences/california-firm-sells-30m-research-triangle-park-site-132746</guid>
<description>California-based Alexandria Real Estate Equities has sold its commercial site at Research Triangle Park in Durham for $29.5M, according to the Triangle Business Journal.
Alexandria originally purchased the 104-acre site, which is largely undeveloped...</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Thu, 15 Jan 2026 12:09:26 -0500</pubDate>
<content:encoded><![CDATA[California-based Alexandria Real Estate Equities has sold its commercial site at Research Triangle Park in Durham for $29.5M, according to the Triangle Business Journal.
Alexandria originally purchased the 104-acre site, which is largely undeveloped land approved for life sciences buildings, for $91M in 2021.
Boston-based King Street Properties was the buyer of the property at 3029 E. Cornwallis Road, along Interstate 885. The sale included a 100K SF building that houses the regional research and development headquarters for DPR Construction.
The approved plan for the site includes a little more than 1M SF of property spanning three biomanufacturing buildings and four R&D buildings, the TBJ reported.
Alexandria also recently sold a Durham manufacturing...]]></content:encoded>
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<title>Historic Round Hotel In Downtown Raleigh May Get Square Companion</title>
<link>https://www.bisnow.com/raleigh-durham/news/hotel/second-hotel-added-to-downtown-raleigh-project-132674</link>
<guid>https://www.bisnow.com/raleigh-durham/news/hotel/second-hotel-added-to-downtown-raleigh-project-132674</guid>
<description>Tidal Real Estate Partners has added a proposal for a second hotel to its projects underway in Downtown Raleigh, according to the Triangle Business Journal.
The New York-based developer submitted plans to the city for a 13-story hotel located at 300 Hillsborough...</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Mon, 12 Jan 2026 13:38:39 -0500</pubDate>
<content:encoded><![CDATA[Tidal Real Estate Partners has added a proposal for a second hotel to its projects underway in Downtown Raleigh, according to the Triangle Business Journal.
The New York-based developer submitted plans to the city for a 13-story hotel located at 300 Hillsborough St. in the parking lot next to its other downtown property, a distinctively retro and round former Holiday Inn at 320 Hillsborough St.]]></content:encoded>
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<title>Morrisville Life Sciences Park Reportedly Catches Pokémon Card Manufacturer For U.S.' Largest Lease</title>
<link>https://www.bisnow.com/raleigh-durham/news/industrial/millennium-print-group-pokmon-card-manufacturer-leases-127m-sf-in-morrisville-132410</link>
<guid>https://www.bisnow.com/raleigh-durham/news/industrial/millennium-print-group-pokmon-card-manufacturer-leases-127m-sf-in-morrisville-132410</guid>
<description>Millennium Print Group, the manufacturer of Pokémon cards, has reportedly leased some 1.3M SF in Morrisville outside of Raleigh, the Triangle Business Journal reported.
The deal would be the largest U.S. manufacturing lease in 2025.</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Wed, 17 Dec 2025 13:41:03 -0500</pubDate>
<content:encoded><![CDATA[Millennium Print Group, the manufacturer of Pokémon cards, has reportedly leased some 1.3M SF in Morrisville outside of Raleigh, the Triangle Business Journal reported.
The deal would be the largest U.S. manufacturing lease in 2025.]]></content:encoded>
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<title>Raleigh Singled Out As Strong Retail Market In 2026</title>
<link>https://www.bisnow.com/raleigh-durham/news/economic-development/raleigh-sees-notable-increase-in-population-job-growth-132373</link>
<guid>https://www.bisnow.com/raleigh-durham/news/economic-development/raleigh-sees-notable-increase-in-population-job-growth-132373</guid>
<description>Raleigh was designated as one of the five star markets for consumer momentum in 2026 thanks to factors like job growth, steady in-migration and a diversified economy, according to a recent Placer.ai report.
Raleigh’s “relatively low median age and...</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Mon, 15 Dec 2025 17:10:02 -0500</pubDate>
<content:encoded><![CDATA[Raleigh was designated as one of the five star markets for consumer momentum in 2026 thanks to factors like job growth, steady in-migration and a diversified economy, according to a recent Placer.ai report.
Raleigh’s “relatively low median age and strong labor market” are, as stated in the report, key elements “fueling demand for premium dining and retail,” resulting in increased foot traffic at upscale mixed-use developments such as the $134M Smoky Hollow, located at North Hills Street, and the $191M Fenton urban village project.
Much of Raleigh’s economic success can be traced to its status as a hub for education, technology, life...]]></content:encoded>
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<title>54% Of Raleigh Landlords Turn To Concessions In Renter's Market</title>
<link>https://www.bisnow.com/raleigh-durham/news/multifamily/concessions-help-bring-and-retain-tenants-in-triangle-region-132283</link>
<guid>https://www.bisnow.com/raleigh-durham/news/multifamily/concessions-help-bring-and-retain-tenants-in-triangle-region-132283</guid>
<description>Throughout 2025, Triangle multifamily landlords have grappled with a glut of supply created by a postpandemic boom in construction. Some 11,000 units are expected to deliver by the end of the year, and some 13,000 units were delivered the year prior,...</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Wed, 10 Dec 2025 15:19:19 -0500</pubDate>
<content:encoded><![CDATA[Throughout 2025, Triangle multifamily landlords have grappled with a glut of supply created by a postpandemic boom in construction. Some 11,000 units are expected to deliver by the end of the year, and some 13,000 units were delivered the year prior, according to Northmarq. 
That has put downward pressure on rents. 
While absorption and occupancy remain strong in the metro area compared to other parts of the Sun Belt, rent prices ticked down 20 basis points more than the national average in the third quarter, according to Yardi Matrix. 
Because of this, landlords now must compete with each other for tenants. ]]></content:encoded>
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<title>Raleigh Industrial Building Sells For $12M More Than In 2021</title>
<link>https://www.bisnow.com/raleigh-durham/news/industrial/eqt-real-estate-sells-raleigh-industrial-building-in-284m-deal-132063</link>
<guid>https://www.bisnow.com/raleigh-durham/news/industrial/eqt-real-estate-sells-raleigh-industrial-building-in-284m-deal-132063</guid>
<description>Ares Management Corp. has acquired a 164K SF industrial building in Morrisville, a suburb of Raleigh in the Research Triangle, for $28.4M, Triangle Business Journal reported.
The building, which sits on 9.5 acres, serves as the Raleigh location of the...</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Tue, 25 Nov 2025 14:24:31 -0500</pubDate>
<content:encoded><![CDATA[Ares Management Corp. has acquired a 164K SF industrial building in Morrisville, a suburb of Raleigh in the Research Triangle, for $28.4M, Triangle Business Journal reported.
The building, which sits on 9.5 acres, serves as the Raleigh location of the Pennsylvania-based drug wholesaling company Cencora, formerly AmerisourceBergen, the building’s sole tenant.
The seller of the building was Pennsylvania-based EQT Real Estate, which purchased it in 2021 for $16.1M. 
Prior to that purchase, EQT also managed the property’s 2011 sale for $9.7M as part of a larger portfolio purchase by an affiliate of Mid-South Industrial REIT I.
The building’s total assessed value is reportedly $19.7M, according to...]]></content:encoded>
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<title>Discussing Tenants' Needs For Lab Spaces At Bisnow's Triangle Life Sciences Summit</title>
<link>https://www.bisnow.com/raleigh-durham/news/architecture-design/ewingcole-labs-bisnow-triangle-life-sciences-summit-studiob-131049</link>
<guid>https://www.bisnow.com/raleigh-durham/news/architecture-design/ewingcole-labs-bisnow-triangle-life-sciences-summit-studiob-131049</guid>
<description>While laboratories need essential equipment such as microscopes and centrifuges, to help tenants move the needle on innovation they also need spaces and amenities that emphasize productivity and wellness.
The modern-day lab takes these needs into account...</description>
<author>elizabeth.reyn@bisnow.com</author>
<pubDate>Fri, 19 Sep 2025 16:38:24 -0400</pubDate>
<content:encoded><![CDATA[While laboratories need essential equipment such as microscopes and centrifuges, to help tenants move the needle on innovation they also need spaces and amenities that emphasize productivity and wellness.
The modern-day lab takes these needs into account by incorporating collaborative areas, exposure to natural light and outdoor spaces, among other features. 
Architecture and engineering firm EwingCole creates health and wellness facilities, labs included, that help tenants work toward their goals and prioritize their well-being.
EwingCole principal Jennifer Wampler will speak at Bisnow’s Triangle Life Sciences Summit on Nov. 6 at the Marriott Raleigh City Center on the panel titled Breathing Life Into Existing Facilities.
Click...]]></content:encoded>
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<title>'Not Just Hot But Resilient': Colliers Utilities Director On Charlotte's Robust CRE Market</title>
<link>https://www.bisnow.com/charlotte/news/construction-development/charlotte-construction-colliers-studiob-131312</link>
<guid>https://www.bisnow.com/charlotte/news/construction-development/charlotte-construction-colliers-studiob-131312</guid>
<description>Charlotte’s commercial real estate market is showing reasons for optimism, thanks in no small part to the area’s robust job market. 
Among the 14 metropolitan areas with a population of more than 1 million people, Charlotte recorded the highest...</description>
<author>julia.troy@bisnow.com</author>
<pubDate>Thu, 09 Oct 2025 15:38:18 -0400</pubDate>
<content:encoded><![CDATA[Charlotte’s commercial real estate market is showing reasons for optimism, thanks in no small part to the area’s robust job market. 
Among the 14 metropolitan areas with a population of more than 1 million people, Charlotte recorded the highest employment growth — up 2.8% — in 2025 so far. Charlotte is seeing greater stability in its office market, while net absorption of industrial space neared 1M SF in the second quarter. 
“Charlotte remains a robust growth market — not just hot but resilient,” said Robert Memory, department manager of utility engineering and coordination for Colliers Engineering & Design. “It is transitioning from a place of rapid speculative growth with...]]></content:encoded>
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<title>Colliers Engineering &amp; Design On Why Research Triangle Has 'So Much To Offer'</title>
<link>https://www.bisnow.com/raleigh-durham/news/construction-development/raleigh-triangle-colliersengineering-studiob-129367</link>
<guid>https://www.bisnow.com/raleigh-durham/news/construction-development/raleigh-triangle-colliersengineering-studiob-129367</guid>
<description>It’s no wonder that the Research Triangle area of North Carolina is the envy of many other regions’ economic development efforts. Even during the disruption of the pandemic, the population of the area between Raleigh, Durham and Chapel Hill grew...</description>
<author>john.krukowski@bisnow.com</author>
<pubDate>Wed, 14 May 2025 12:09:55 -0400</pubDate>
<content:encoded><![CDATA[It’s no wonder that the Research Triangle area of North Carolina is the envy of many other regions’ economic development efforts. Even during the disruption of the pandemic, the population of the area between Raleigh, Durham and Chapel Hill grew by 5.6%.
Andy Mills, a senior project manager with Colliers Engineering & Design's Raleigh office, has a front-row view of this growth and its impact on commercial real estate development.
“So many people and businesses continue to move to this area because of the job market, lifestyle and major universities,” said Mills, who has nearly four decades of site development experience in North Carolina,...]]></content:encoded>
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<title>'You Have To Be A Step Above': Design-Build Firms Race To Join Raleigh's Industrial Market </title>
<link>https://www.bisnow.com/raleigh-durham/news/industrial/you-have-to-be-a-step-above-construction-firms-race-to-join-raleighs-growing-life-sciences-market-126133</link>
<guid>https://www.bisnow.com/raleigh-durham/news/industrial/you-have-to-be-a-step-above-construction-firms-race-to-join-raleighs-growing-life-sciences-market-126133</guid>
<description>Major cities such as Boston and Washington, D.C., have long ruled the science and technology industries. But Raleigh, with its abundance of resources, is also making a name for itself. 
Massive research hubs, such as the nation’s largest life sciences...</description>
<author>emily.lynch@bisnow.com</author>
<pubDate>Wed, 02 Oct 2024 10:27:32 -0400</pubDate>
<content:encoded><![CDATA[Major cities such as Boston and Washington, D.C., have long ruled the science and technology industries. But Raleigh, with its abundance of resources, is also making a name for itself. 
Massive research hubs, such as the nation’s largest life sciences park, the 7,000-acre Research Triangle Park, have had a striking impact on the community. Research Triangle Park alone is home to more than 350 science and technology companies as well as 60,000 employees.
Research and technology markets in the region are expected to grow, with dozens of companies such as Enzyvant and MIMEDX announcing their expansion into the market last year. Noticing the market’s promise, Epstein, a...]]></content:encoded>
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<title>‘Battle-Tested Asset Class’: In the Southeast, Retail Deal Volume Set To Ramp Up</title>
<link>https://www.bisnow.com/atlanta/news/retail/jll-private-capital-retail-atlanta-studiob-126024</link>
<guid>https://www.bisnow.com/atlanta/news/retail/jll-private-capital-retail-atlanta-studiob-126024</guid>
<description>Now that the Federal Reserve has kicked off a cycle of monetary policy easing, retail real estate transaction volume in the southeastern U.S. is poised to heat up, said Brad Buchanan, managing director in the Atlanta office of JLL Capital Markets, Americas.
The...</description>
<author>marynia.kruk@bisnow.com</author>
<pubDate>Tue, 24 Sep 2024 03:44:56 -0400</pubDate>
<content:encoded><![CDATA[Now that the Federal Reserve has kicked off a cycle of monetary policy easing, retail real estate transaction volume in the southeastern U.S. is poised to heat up, said Brad Buchanan, managing director in the Atlanta office of JLL Capital Markets, Americas.
The region’s fundamentals are strong, and retail has proven its resilience in the face of the long-term threat of e-commerce and the disruptions of the pandemic, he said. These factors are translating into renewed interest from investors, as well as an increasingly broad spectrum of lenders willing to finance retail acquisitions. 
Bisnow spoke with Buchanan about the resulting opportunities and how commercial...]]></content:encoded>
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<title>Economic Development Abounds: Discussing The Future Of Research Triangle Park At Aug. 27 Bisnow Event</title>
<link>https://www.bisnow.com/raleigh-durham/news/economic-development/economic-development-abounds-discussing-the-future-of-research-triangle-park-at-bisnows-aug-27-event-125403</link>
<guid>https://www.bisnow.com/raleigh-durham/news/economic-development/economic-development-abounds-discussing-the-future-of-research-triangle-park-at-bisnows-aug-27-event-125403</guid>
<description>

North Carolina's Research Triangle Park, which comprises 7,000 acres within Wake and Durham counties and is home to more than 375 businesses, is in the midst of creating a new and vibrant downtown destination in the heart of the Park.  


One significant...</description>
<author>elizabeth.reyn@bisnow.com</author>
<pubDate>Tue, 06 Aug 2024 13:05:59 -0400</pubDate>
<content:encoded><![CDATA[

North Carolina's Research Triangle Park, which comprises 7,000 acres within Wake and Durham counties and is home to more than 375 businesses, is in the midst of creating a new and vibrant downtown destination in the heart of the Park.  


One significant project in the works is Hub RTP, a $1.5B mixed-use development. Hub RTP is set to include 1,200 apartments, a 279-unit Marriott Renaissance RTP hotel, 50K SF of retail, 1M SF of office and lab space, and more — all in walking distance to the workplace.   


“Research Triangle Park is full of rich amenities that redefine how employees, residents and visitors...]]></content:encoded>
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