Downtown Raleigh CRE Update

Taz’s Supermarket has closed permanently following the sale of several historic buildings on East Hargett and South Wilmington Streets to Empire Properties. Why this matters to owners and operators: Underperforming corners get re-priced — long-term neglect often leads...

Downtown Raleigh | Operational Risk Update

The City of Raleigh is warning of fraudulent QR code stickers placed on parking meters and lots, directing users to fake payment sites. Why this matters for property owners and business operators: Parking friction impacts foot traffic — confusion or scams deter...

Charlotte CRE Snapshot

Kroger has scrapped plans for a $92M, 200,000 SF delivery fulfillment center in Concord, eliminating what was expected to be ~700 new jobs over five years. Why owners and business operators should care: Industrial demand isn’t guaranteed — even for national retailers...

Wayne County Dragstrip Set to Reopen in 2026

After sitting dormant for several years, Wayne County Dragstrip in central North Carolina is reopening under new operators on a one-year lease, bringing grassroots motorsports back to an 18-acre site. What’s happening: New operators focused on no-prep, bracket, and...