Commercial Real Estate News

Beasley’s Chicken + Honey will close after 14 years at Wilmington & Martin. Ownership cited post-pandemic shifts in downtown dynamics and changing foot traffic as key factors, despite strong food quality and brand recognition. Real estate takeaways: 🔹 Urban cores...

Benson, NC (population <5,000) will soon be home to a $918 million advanced manufacturing facility tied to national defense and supply-chain security. The project is expected to generate ~1,000 jobs, positioning the town as a strategic node rather than a peripheral...

Recent WRAL coverage highlights a familiar regional pattern: restaurants closing, concepts transferring ownership, and established operators expanding into existing spaces across Raleigh, Cary, Fuquay-Varina, and Chapel Hill. Rather than signaling contraction, this...

December 2025 data shows the median Wake County sale price declined $15,000 to $455,000, while overall transaction volume and lending activity increased materially. Key signals worth noting: 🔹 Pricing softened at the core• Median pricing reflects activity in the...

PinPoint Restaurant, a long-standing downtown Wilmington concept, will close after 10 years in operation, driven by owner health considerations, not market demand. The property at 114 Market Street has been sold, and the space will transition to a new operator in...

A mobile home park in Cary has been sold and slated for repurposing, marking another clear indicator of redevelopment momentum along key corridors in Wake County. 🏗️📍 What’s happening: Entire property sold at Chatham Street & Maynard Road Buyer plans to repurpose...

Three Rivers Land Trust has permanently conserved 770 acres of working farm and forest land in Harnett County through a conservation easement—one of the largest projects in the organization’s history. 🌾🌲 Key points: 770 acres protected from future development through...

A Southern Living feature highlights Akami Sushi, a high-quality sushi concept operating out of a former gas station Subway in Apex—an example of how unconventional real estate can support strong, experience-driven businesses. Key takeaways for building owners &...

A proposed five-story mixed-use project at 290 Depot Street has advanced through Asheville’s design review process—highlighting several issues building owners and business owners are actively navigating. 🏗️🏢 Key takeaways: Mixed-use density: Apartments above 8...

Deep under New York’s mountains runs a piece of infrastructure most people never think about—and can’t live without. The Delaware Aqueduct stretches 85 miles (105 with branches), making it the longest tunnel in the U.S. Built between 1937–1953, it delivers roughly...

Western North Carolina may be back on the rail map. A proposed Amtrak passenger route would restore service between Asheville and Salisbury, with three daily round trips and stops in smaller mountain towns like Old Fort. The state estimates a $650M investment, more...

Another example of how incremental growth shows up at the edge of town. Selma has approved Holton Ridge, a 56-lot single-family subdivision on 71.8 acres along Buffalo Road, just outside town limits but within the ETJ. Homes will sit outside the floodplain, use county...

A major reminder of how sports, public policy, and real estate intersect. The Kansas City Chiefs are leaving Missouri after 62 years, heading to Kansas following approval of a tax-funded stadium deal. The plan includes a new domed stadium, training facility,...

Colorado just made a quiet but meaningful infrastructure move. The largest wildlife overpass in North America is now open over I-25, reconnecting 39,000 acres of land and targeting a stretch that once saw near-daily wildlife collisions during peak seasons. Early...

Denny’s is continuing its plan to close ~150 underperforming restaurants by the end of 2025, part of a strategy started in 2023 to optimize its portfolio. The closures are not related to its $620M buyout by TriArtisan Capital Advisors, Treville Capital Group &...

A mechanical malfunction in an HVAC unit on the roof sparked a fire at the Raleigh Convention Center. Quick response by 61 firefighters from 20 stations contained the fire in 25 minutes, preventing a potential catastrophe.Key takeaways for building & business...

North Carolina’s first indoor dry-slide & air-court park opens this month in south Charlotte. At 34,000 sq. ft., the park features: 11 slides (including the new “Riptide” drop) Two air courts for basketball & dodgeball Toddler area, arcade, café & party...