Office rent growth in Raleigh, North Carolina, has slowed to its lowest point in over a decade as the market contends with near-record vacancies and a lack of demand.
H&R Real Estate Investment Trust, a Toronto-based landlord with billions of dollars in assets across Canada and the United States, said it is in talks to potentially sell its holdings that include residential, industrial, office and retail properties.
While the sweeping effects of the pandemic have gradually faded into the backdrop of the national office market, companies are still tweaking their real estate holdings in response to shifts that have become permanently embedded into their day-to-day realities.
Maturity defaults on hotel commercial mortgage-backed securities loans are on the rise in the Southeast U.S., as some markets in the region experience softening domestic leisure travel or sluggish business travel post-pandemic.
Retail landlord Macerich is expanding its footprint into the Southeast, acquiring the Crabtree Mall in Raleigh, North Carolina, for $290 million with plans to invest $60 million to redevelop it.
A California-based aviation startup plans to invest $4.7 billion in a manufacturing plant at the Piedmont Triad International Airport near Greensboro, North Carolina, in a project being touted by officials as having the potential to be the largest job creator in state history.
Many traditional office properties in Raleigh, North Carolina, have struggled in recent years, as vacancies have risen amid new completions and limited demand for office space.
The U.S. biotech property sector could see a burst of activity in one of the first tests of the federal government's trade policies aimed at encouraging the return of manufacturing to the United States.
Though some U.S. multifamily markets still face challenges from elevated supply pipelines and rising costs, the sector as a whole is finding a new equilibrium in mid-2025, with improving demand bringing the national vacancy rate down for the first time in more than three years.
The nation's largest office landlords say the market's recovery is playing a long-haul game positioned to withstand some of the immediate macroeconomic bumps — at least for now.
A California-based pharmaceutical company has picked Holly Springs, North Carolina, for the site of its first drug manufacturing plant on the East Coast, the latest in a string of recent life science industry announcements that have spurred a building boom in the small Raleigh suburb.
Construction is underway on a 20-story residential tower in Raleigh, North Carolina's popular North Hills development, where apartment demand remains at an all-time high despite growing vacancies.
Bob’s Discount Furniture is opening 20 new stores this year, expanding into Vermont and North Carolina, in an era when furniture retailers have faced tough times as home sales slow and consumers cut back on discretionary spending.