Market News: 2018

NEWS RELEASE Media Contact: Suzanne Epps TradeMark Properties (919) 645-1422   Adzerk Takes Top Floor at 505 S. Duke Street in Downtown Durham The new lease kicks off extensive interior renovations to the building.   Durham, NC, December 5, 2018 –TradeMark Properties and Hem + Spire are pleased to announce an executed seven-year lease for 4,897 square feet on the fifth floor of 505 S. Duke Street, the former BB&T building in Downtown Durham. Fred Dickens, Senior… READ MORE

Hurricanes are strong storms that can be life-threatening as well as cause serious hazards such as flooding, storm surge, high winds and tornadoes. With the threat of Hurricane Florence greatly impacting North Carolina, it is important that we keep our homes and families safe. TradeMark Properties’ Executive Vice President, Jim Harris, serves on the board of The American Red Cross of Eastern North Carolina and has shared ways to keep your family and home safe… READ MORE

TradeMark broker, Sarah Warren, has completed the deal bringing the Triangle its first ‘Cat Cafe’. Cat Tales Cat Cafe, located at 431 W. Franklin St., will serve an assortment of snacks in the cafe portion, separate from a section with adoptable cats roaming free, according to its Facebook page. The cats will also be available for adoption from Goathouse Refuge in Pittsboro.  “The cafe provides a home-like, low stress environment for potential adopters to get to… READ MORE

The highly-anticipated Morgan Street Food Hall officially opened its doors Monday morning almost one month after its original opening date. Raleigh’s first-ever food hall is located in the Warehouse District and is home to 21 different businesses. “It’s great,” said Johnnie Nobling who works downtown. “There’s something here for everybody. I’ll be a regular face. It’s a walk or a bird for me.”   Read More Here

Approximately 23,100 net new jobs have been added to the Triangle market in the past year, as of the last jobs report in May. The report marked the 95th consecutive month that businesses have added to local payroll, fueling continued growth within the Triangle’s commercial real estate markets. The Office market is seeing the impacts with absorption of nearly 478,000 SF, despite having added no new office buildings to inventory in Q2. The region’s overall… READ MORE