Press Releases

Press Releases
JLL

Raleigh-Durham Surprises as City to Watch

London and Silicon Valley heading up the Global Top 30 on JLL’s 2017 Investment Intensity Index? Not surprising. But Raleigh-Durham, Austin and Denver also making the list? Now that’s interesting. It’s because these smaller powerhouses are punching above their weight in proportion to their local GDP and going head-to-head with highly globalized markets that are traditionally more attractive to investors. More...
Skyline A Wilbert PR Company

Crescent Communities Taps Scott Widener to Lead Single Family Business

Crescent Communities today announced Scott Widener has been promoted to the role of President, Single Family. Widener previously served as Executive Vice President, Fielding Homes, the company’s homebuilding arm established in 2016.

Climate-controlled storage facility under construction in Durham, North Carolina

A new climate controlled self-storage facility is under construction at 3302 Petty Rd in Durham, conveniently located to both Duke University and UNC Chapel Hill along Highway 15-501. JLL will oversee the construction of the project for the developer and owner, 3302 Petty Road, LLC.

K4Connect Relocates to West Raleigh

K4Connect, a mission-oriented technology company that creates solutions that serve and empower older adults and individuals living with disabilities, has signed a lease at Capital Center Raleigh. JLL Raleigh represented K4Connect in the transaction. Founded in 2013, the Company’s solutions enable simpler, smarter living environments and healthier lives for those the company serves, while fostering family and community engagement
Frank-Theater-Portfolio-Shallotte-NC

The Boulder Group Arranges Sale of Single Tenant Net Lease Movie Theater Portfolio

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased movie theatre portfolio consisting of three properties located in North Carolina for $15,973,000.

The Boulder Group Arranges Sale of Net Lease Starbucks Ground Lease

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Starbucks ground lease located at 103 Mitchell Drive in Hendersonville, NC for $2,250,000.

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 2201 N Heritage Street in Kinston, North Carolina for $5,400,000.

The Boulder Group Arranges Sale of Single Tenant Net Leased Rite Aid

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Rite Aid property located at 8110 Mallard Creek Road in Charlotte, North Carolina for $4,320,000

Bluerock Residential Growth REIT Acquires 204-Unit Class AA Whetstone Apartments in Durham, NC

Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG” or “the Company”) announced today that it has acquired, through a joint venture, a 204-unit Class AA new construction apartment community known as Whetstone Apartments (“Whetstone”) in Durham, North Carolina.

Drawbridge Acquires Headquarters Property Leased to Nimble Storage in Durham, NC

Drawbridge Realty has acquired a single-story, 86,895 sq. ft., Class "A" office building located at 1015 Swabia Court, Durham, North Carolina for $14.75 million. The property is a 100% triple net (NNN) leased to Nimble Storage, Inc. (NYSE:NMBL) and serves as one of the company's three worldwide headquarters locations.

Capitol City Homes Wins Best Outdoor Space at 2015 MAME Awards

Capitol City Homes, a new home builder serving Raleigh, North Carolina and surrounding areas, is the recipient of the 2015 Major Achievements in Marketing and Excellence (MAME) award for Best Outdoor Space at an awards ceremony on April 30, 2015. The MAME awards are presented as the highest honor given by the Home Builders Association of Raleigh-Wake County.

Board of Bluerock Residential Growth REIT Approves Investment in Durham, NC’s Class AA Whetstone...

Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG”) today announced that its Board of Directors has approved an investment of approximately $13.7 million in a joint venture that will acquire a 204-unit Class AA multifamily project known as Whetstone Apartments (“Whetstone”).

LStar Management Names National Real Estate Executive Hampton Pitts as Partner and Chief Operating...

Hampton Pitts, a veteran Raleigh real estate executive, recognized for managing top homebuilding organizations and developing distinctive residential communities, has been named a partner and Chief Operating Officer of LStar Management, a privately held real estate investment firm based in Raleigh, North Carolina.

AMERICAN REALTY ADVISORS CUTS WATER USE BY 27 PERCENT, SAVING 1.4 MILLION GALLONS...

Institutional real estate investment manager American Realty Advisors has announced that its ongoing strategy to boost sustainability throughout its national portfolio has had a substantial effect on water consumption for its office property South Tryon Square, located at 201 S. Tryon in Charlotte, North Carolina.

WHR Architects Announces Opening of North Carolina Office

WHR Architects, one of the nation’s leading healthcare architectural practices, has expanded its healthcare presence in North Carolina, establishing an office in Raleigh. While WHR has been working with clients in the region since 2009, the strategic decision was based on increased demand for healthcare services in North Carolina, as well as WHR’s dynamic growth and its recent merger with EYP, a recognized leader in the design of facilities for higher education and government. WHR’s office is located at 811 West Hargett Street

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How One Agent Is Surviving In Today’s Market

Raleigh, NC - May 23, 2011 - (RealEstateRama) -- For the 3rd consecutive year in a row Rupert Bryan has not only won all the top awards in the Coldwell Banker Falls Office, but he is also ranked as one of the Top Agents in the Triangle (#18 Triangle Business Journal Residential Realtor)

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New Hanover County, NHRMC Finalize Purchase of Health Department Property

New Hanover Regional Medical Center (NHRMC) and New Hanover County have executed an agreement for NHRMC to purchase the county’s Health Department property located at 2029 South 17th Street for $19,350,000.