Market Info

Morgan Street Food Hall Finally Opens!

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

2nd QUARTER 2018 TRIANGLE MARKET OVERVIEW

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

Amazon Announces New Distribution Center Is Coming to the Triangle

Officials said it is Amazon’s first location in Wake County and the project will bring 1,500 new jobs to the area along with a $45 million payroll. The changing landscape is a sign of progress for a property on Jones Sausage Road that’s been dormant for almost 10 years. Residents like Jonathan King, who has lived near the former ConAgra site for years, said they’re excited for the change. “They’re finally doing something with that… READ MORE

Could MacGregor Village Finally Be Getting a Long Anticipated Makeover?

MacGregor Village, an established outdoor shopping center in Cary, is getting a makeover.  The multimillion-dollar renovation project will add green spaces to create an outdoor gathering place in the shopping center located at the west corner of U.S. 1 and U.S. 64 near Apex at 107 Edinburgh South Drive. Renovations will also add covered seating areas, a new outdoor fountain with seating area, new bike racks and new LED lighting including in the parking lot.  … READ MORE

San Francisco Startup Picks Raleigh for East Coast Headquarters

Amazon and Apple aren’t the only companies that have been eyeing up Raleigh. After a lengthy search, the San-Francisco-based cloud technology company Sysdig annouced that it plans to open an office in Raleigh as its second headquarters for its global engineering and operations. “We considered about half a dozen other major metropolitan areas on the east coast and central US,” said Vasudevan, declining to name them specifically.  But we picked Raleigh because the area is… READ MORE

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