Triangle Business JournalHallmark Cards, a distributor of greeting cards, has agreed to lease 412,441 square feet of warehouse and distribution space in a 702,000-sf facility in Johnston County, N.C. The facility near Interstates 40 and 95, was vacated by grocery ...
A venture between Lutz Real Estate Investments and Capri Capital Partners has paid roughly $50 million for a portfolio of 11 industrial/flex buildings with 631,582 square feet in Raleigh, N.C.Lutz, a Farmington Hills, Mich., investor, and Capri, a Chicago investment ...
Triangle Business JournalRTI International has purchased the Robert M. Hanes Memorial Building and its surrounding property in Raleigh-Durham, N.C., for $1.8 million. The property in the Research Triangle Park is 8,350 square feet, and will serve as an extension to ...
Triangle Business JournalChampion Enterprises is offering a 122,000-square-foot building in the Triad suburb of Sanford, N.C. Champion, an Auburn Hills, Michigan, company, which specializes in the development of modular homes and military barracks, is listing the property that once served ...
Winston-Salem Journal Office space in an under-construction, 110,000-square-foot office building could be the first in downtown Winston-Salem, N.C. to be certified by the U.S. Green Building Council. The $13 million building on North Trade Street would be the first to ...
Highwoods Properties Inc. has sold the Weston Lakeside apartment complex in the Raleigh, N.C., suburb of Cary, N.C., for $45 million. Highwoods, a Raleigh REIT, developed the multifamily property in a joint venture with Crosland LLC of Charlotte, N.C. The ...
Triangle Business JournalDuke Realty Corp of Indianapolis is in talks with Kane Realty Corp, a local developer, to build an 18-story office tower in the Raleigh, N.C. The project, which will cost about $60 million, will include a parking deck ...
Triangle Business Journal Weingarten Realty Investors has purchased a 12-acre tract in Raleigh, N.C., for $19 million. The Houston firm bought the property behind the Crabtree Valley Mall from Crabtree Avenue Investment Group, which had purchased it in 2002 for ...
An investor group led by Och-Ziff Real Estate Fund has agreed to acquire Winston Hotels Inc., in a deal valued at roughly $671 million.The acquisition would give Och-Ziff, which is run by former Blackstone Real Estate Advisors executives Steve Galiotos ...
Triangle Business JournalWinston Hotels of Raleigh, N.C., announced plans to build an Aloft hotel near Raleigh-Durham International Airport. Construction on the hotel, which will cost about $18.9 million, is scheduled to begin late this year and be completed towards the ...
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