Leasing - Raleigh-Durham

  • Cassidy Turley Acquires Synergy Commercial Advisors

    Cassidy Turley is bolstering its presence in the Research Triangle with the acquisition of a six-year-old tenant rep firm.

    04 August 2014 14:30
  • Investcorp Affiliate to Acquire Durham Office Portfolio for $48.4M

    by Adriana Pop, Associate Editor American Real Estate Partners of Herndon, Va. recently sold three class A office buildings at Keystone Park in Durham for $48.4 million. According to CityBizList Charlotte Raleigh, an affiliate of Investcorp of New York purchased the 285,874-square-foot portfolio at 430 Davis Drive, 530 Davis Drive and 630 Davis Drive. Paul [...]

    27 September 2012 22:50
  • Compass Buys $2.1M Site in Durham to Develop Data Center

    by Adriana Pop, Associate Editor Compass Datacenters of Texas has completed the acquisition of a 16.5-acre site in Research Triangle Park, where it plans to build one of its first data center complexes in the U.S. According to the Triangle Business Journal, a subsidiary of the Dallas-based company has purchased the land from two seller [...]

    20 September 2012 07:58
  • Health Care REIT to Acquire Sunrise Senior Living for $845M

    by Adriana Pop, Associate Editor Health Care REIT, Inc. has entered into a definitive agreement to acquire all of the outstanding common stock of Sunrise Senior Living, Inc., in an all cash transaction of approximately $845 million. The acquisition positions Health Care REIT among the largest owners of seniors housing in the world with over [...]

    07 September 2012 02:23
  • Qualcomm to Expand Operations at Brier Creek

    By Adriana Pop, Associate Editor San Diego-based Qualcomm is expanding its operations at Brier Creek Corporate Center in west Raleigh with the lease of 40,672 square feet of office space. John Daly and Jason High of CBRE-Raleigh represented the company in the negotiations. The Triangle Business Journal reports that Qualcomm had been pursuing the deal [...]

    06 September 2012 18:38
  • Citrix Seeks New Space in Downtown Raleigh to Invest $12.5M

    by Adriana Pop, Associate Editor Citrix Systems Inc. plans to expand its data-sharing division by investing at least $12.5 million in a new facility in downtown Raleigh. The company chose Raleigh over Atlanta and Austin for its expansion. Jesse Lipson, general manager of Citrix Systems data sharing operations, told the Triangle Business Journal that the [...]

    14 June 2012 23:33
  • Alamance Regional Medical Center Plans $60M Expansion

    by Adriana Pop, Associate Editor Alamance Regional Medical Center is planning a $60 million expansion, the largest since the hospital opened in 1995. According to The Business Journal, the campus improvement project includes a two-story, 40,000-square-foot cancer center to be located at the end of the Medical Arts building. The facility will feature new space [...]

    29 May 2012 18:44
  • Federal Capital, Kane Partner to Develop $53M Apartment Community

    by Adriana Pop, Associate Editor North Hills developer Kane Realty Corp. and Washington, D.C. real estate investor Federal Capital Partners (FCP) have formed a joint venture to finance the development of a $53 million apartment project in the North Hills area of Raleigh. According to the Triangle Business Journal, construction on the 400-unit luxury apartment [...]

    22 May 2012 21:16
  • Raleigh Apartments Sell for Record $200,489-Per-Unit Price

    by Adriana Pop, Associate Editor Kane Realty Corp. has sold the Park & Market Apartments at North Hills East in Raleigh for $82 million. Dallas-based Crow Holdings Capital Partners acquired the multifamily property at a Triangle record price of $200,489 per unit. The Triangle Business Journal reports that Kane Realty developed the property in 2010. [...]

    04 May 2012 23:00
  • Nonprofit FHI 360 to Relocate HQ to American Tobacco Campus

    by Adriana Pop, Associate Editor FHI 360 plans to move its headquarters and about 400 employees to downtown Durham’s American Tobacco Campus next year. The transaction represents one of the largest leases signed in the Triangle in recent years, providing American Tobacco’s owner, Capitol Broadcasting, with an anchor tenant. The NewsObserver reports the Durham-based international nonprofit [...]

    27 April 2012 22:20