Commercial Real Estate News

A recent federal court ruling involving the Chicago Cubs caught my attention. A judge barred a nearby rooftop venue from selling tickets to watch Cubs games from its private property, siding with the team in a dispute over the live game experience. That is an...

The latest Town of Apex development data continues to show steady pressure across residential, retail, industrial, and mixed-use projects. 🏗️ More residential and commercial projects are moving through the pipeline. 🚧 Infrastructure continues to expand alongside...

A major stretch of the Blue Ridge Parkway in western North Carolina has reopened following a $100+ million rehabilitation project. The work covered roughly 75 miles, from just north of Doughton Park to near Grandfather Mountain. 🚧 This was more than a paving project....

A little Halloween fun from downtown Apex. Apparently, if you wait long enough between haircuts, this is what happens. The good news? Historic Downtown Apex still has you covered. 🎃 Even with all the construction going on, downtown keeps its personality, and local...

As development continues across Wake County, some farmers are turning to preservation programs to keep family land in agriculture rather than sell it for development. A few things stood out: 🏡 One Fuquay-Varina farmer said his family has owned its land for more than...

A section of the Lower Booker Creek Trail behind Eastgate Crossing in Chapel Hill is getting a makeover, with local groups planting native trees and vegetation to improve the area and help with stormwater management. 🌿 Volunteers added native species including River...

Another new business is getting ready to open in Historic Downtown Apex. What stands out is that even with the construction and disruption downtown, businesses still want to be there. 🚧 Streets may be changing🚶 Access may take a little more planning🏢 But the demand...

Disney has purchased the former Yamaha Motor headquarters in Cypress, California for $115.29 million. 📍 The property spans roughly 25 acres and includes office, warehouse, and industrial buildings across an entire city block. 🏗️ Yamaha has occupied the campus since...

Construction on the Athletics’ new Las Vegas ballpark continues to move forward, with the team now adding more details around the premium spaces and partnerships planned for the 2028 opening. 🥩 The Athletic Club will be a 290-seat, all-inclusive steakhouse and lounge...

Wake County’s median real estate sales price moved back up in September, ending the month at $450,000, a $10,000 increase from August. 🏢 The $1M–$30M segment recorded 197 transactions totaling $543.1 million. 💰 Two transactions topped $30 million:• Shoppes at Midway...

I recently attended the ribbon cutting for Hibachi 88’s newest location in downtown Raleigh. 🍽️ This is their 8th location, and they are making this one their flagship. It was a great event with plenty of people, great food, and a lot of excitement around the opening....

The State Farmers Market Restaurant has been serving Southern comfort food since 1955, and it is still drawing lines out the door. 📍 The restaurant originally opened on Hodges Street before moving to the State Farmers Market in 1991. 🌾 Today, it sits within the...

The Kroenke Organization is planning a 52-acre mixed-use neighborhood in Woodland Hills as part of nearly 100 acres it acquired in 2022. The anchor will be the Los Angeles Rams’ permanent headquarters, with more than 350,000 SF of facilities. 🏟️ Plans also call for a...

Holy Trinity Anglican Church is proposing a new site along Old Lystra Road in southern Orange County, and the plan includes more than just a new church. ⛪ The church is proposing a 10,000-square-foot, two-story facility after outgrowing its current location on U.S....

George Vanderbilt first came to Asheville in 1887, but the Blue Ridge Mountains are what convinced him to stay. According to Southern Living, he eventually acquired about 125,000 acres and built what became Biltmore Estate. 🏡 Biltmore House was completed after roughly...

The Lucas Museum of Narrative Art opens to the public on September 22, and the scale of the project is impressive. 🏛️ The museum includes a 300,000-square-foot building with more than 100,000 square feet of gallery space across 30+ galleries. 🌳 It sits within a...

I recently made the trip to Asheville for the North Carolina CCIM State Conference, and even got to drive through a few clouds on the way in. It was a great chance to connect with CCIMs from across North Carolina and beyond, make some new connections, and catch up...

Wake County commissioners are set to vote on the proposed combination of WakeMed and Atrium Health, a deal that has drawn months of debate over cost, transparency, and future investment. 💰 Atrium has committed to a $2 billion investment in WakeMed capital projects...

The latest development statistics from the Town of Apex continue to reflect strong growth pressure across residential, retail, industrial, and mixed-use sectors. 📊 Key themes: 🏗️ Ongoing pipeline of residential and commercial projects 🚧 Continued infrastructure...

North Carolina regulators have approved air permits for 649 diesel generators tied to Amazon’s massive data center project near Hamlet. 🏗️ Amazon’s permit covers 592 emergency generators, while Duke Energy received approval for 57 temporary generators that will...