Commercial Real Estate News
Read the latest commercial real estate news and important updates from Raleigh, Apex, Cary, and the surounding Triangle NC area.
Redevelopment Signal | Cary, NC (Chatham Street / Maynard Rd.)
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...
Land Conservation Update | Harnett County, NC
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...
Unexpected Retail Success | Adaptive Reuse in Action (Apex, NC)
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 &...
Asheville Development Update | River Arts District (Depot Street)
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...
Tunnel In New York
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...
Passenger Rail in Western North Carolina
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...
Johnston County New Subdivision
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...
Kansas City Chiefs New Stadium
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 Wildlife Overpass
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 to Close Underperforming Locations Amid $620M Buyout
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 &...
Raleigh Convention Center Fire Causes $2M in Damage
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...
Slick City Action Park Comes to South Charlotte!
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...