News
$20 B North Carolina Data Center Canceled Amid Moratorium Debate
8+ hour, 42+ min ago (457+ words) Plans for a nearly $20 B data center campus in North Carolina are on ice as local lawmakers consider a development moratorium." Energy Storage Solutions has withdrawn its offer to buy the 28 acres for the project inside a massive shovel-ready site…...
Raleigh Hotel Will Undergo A Rebrand After Discounted Sale
3+ mon, 1+ week ago (280+ words) One of Raleigh's largest hotels sold for close to $20 M less than it was purchased for in 2015." Indiana-based hotel developer"White Lodging"bought what was the Sheraton Raleigh Hotel at 421 S. Salisbury St. for $28 M on March 27,"the Triangle Business Journal…...
Charlotte, Raleigh Named No. 1 And No. 2 Retail Markets In U. S.
3+ mon, 2+ week ago (455+ words) 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. The report weighs a mixture of forward-looking economic indicators and supply-and-demand variables over a 12-month period....
Hulking Wilmington Office Slated For Resi Conversion Following Life Sciences Firm's Exit
4+ mon, 2+ week ago (511+ words) Wilmington officials'and real estate players celebrated in spring 2024'when Incyte purchased 500 K SF'of the Bracebridge office complex that'dominates the north side of the city's downtown. The life sciences firm was working to renovate the property, but with construction only partially…...
Amazon Signs 237 K SF Lease At Wilmington Industrial Property
10+ mon, 3+ week ago (348+ words) Amazon'signed a lease at a suburban industrial property north of Boston. The tech company signed a lease at 800 Salem St. in Wilmington " owned by a joint venture with Camber Development and capital partner Wheelock Street Capital" in the second quarter…...