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News
$20B North Carolina Data Center Canceled Amid Moratorium Debate
2+ mon, 4+ day ago (457+ words) Plans for a nearly $20B data center campus in North Carolina are on ice as local lawmakers consider a development moratorium. Energy Storage Solutions has withdrawn its offer to buy the 28 acres for the project inside a massive shovel-ready site identified…...
Raleigh Hotel Will Undergo A Rebrand After Discounted Sale
5+ mon, 1+ week ago (280+ words) One of Raleigh's largest hotels sold for close to $20M less than it was purchased for in 2015. Indiana-based hotel developer White Lodging bought what was the Sheraton Raleigh Hotel at 421 S. Salisbury St. for $28M on March 27, the Triangle Business Journal reported. The…...
Charlotte, Raleigh Named No. 1 And No. 2 Retail Markets In U.S.
5+ mon, 3+ week ago (455+ words) Charlotte and Raleigh have emerged as the top two retail markets in the country, according to Marcus & Millichap’s 2026 Retail Investment Forecast Report published March 12. The report weighs a mixture of forward-looking economic indicators and supply-and-demand variables over a 12-month period....