Archive for February, 2015

Allegiant Air is Coming to Raleigh-Durham International Airport

Saturday, February 28th, 2015

New York-based Allegiant Air (NASDAQ: ALGT) is coming to Raleigh-Durham International Airport. Permanent non-stop flights from RDU to Punta Gorda Airport, flights to Orlando-Sanford International and flights to St. Pete-Clearwater International Airport start in May.   The niche airline provides low-cost flights and sells vacation packages that can include add-ons like hotel rooms. And in […]

Pulte Home Pays $11M for 36-acre North Raleigh Land

Monday, February 23rd, 2015

National home building company Pulte Home (NYSE: PHM) has purchased 36 acres of undeveloped land on Old Lead Mine Road for  $11.3 million. The land is thought to be one of the larger infill sites left in north Raleigh. Pulte is planning 86 single family home lots for a “new age-targeted residential community”. The property is […]

New $30M Apartment Community Breaks Ground at Heritage Wake Forest

Wednesday, February 18th, 2015

Capital Creek is a new development project by TWO Capital Partners of Atlanta. The developer has broken ground on construction of $30 million apartment complex in the Heritage golf community in Wake Forest. The project should take 16 months to complete. New tenants may be moving in early 2016 (Source TBJ 2/18/2015)  

Triangle Rents to Spike Seven Percent

Sunday, February 15th, 2015

For more than five years tenants saw the benefits of a stagnant office rent situation and were able to rent office space with concessions and were able to negotiate what they were willing to pay.  There has been a change in the Triangle.  “Class A space has increased 3.3 percent to around $22.23 per square […]

Raleigh is one of Top Ten “Hot Cities for IT Pros” in 2015

Friday, February 13th, 2015

  According to business technology website Information Week Raleigh is one of the ten hot cities for IT professionals. The list is based on data gathered by tech jobs site from January 2014 to January 2015. Among metros with at least 500 job listings, the five regions with the highest job growth are: Raleigh 23% […]

It Was a Very Good Year for Commercial Real Estate Price Growth

Friday, February 13th, 2015

CoStar reports “Investors both large and small remained intently focused on commercial real estate last year, as pricing levels rose in tandem with occupancies, vacancies remained near cyclical lows, and rent growth posted healthy gains across property sectors and regions. “ “Those were among the findings in the February 2015 CoStar Commercial Repeat Sale Indices (CCRSI), which […]

Training Magazine Names Keller Williams #1 Training Organization in the World

Thursday, February 12th, 2015

         On the same day that Keller Williams announced it was the largest real estate franchise by agent count in the world, Training Magazine named the company the world’s #1 training organization across all industries. At a Feb. 9 awards ceremony in Atlanta to honor the Training 125, Keller Williams was recognized for the […]

Raleigh is the Third-Best Labor Market in the U.S According to Forbes

Thursday, February 12th, 2015

According to job related report by Forbes, using studies from CareerBuilder and Economic modeling Specialist Inc. Raleigh ranks among metros such as Provo-Orem, Utah, Houston-The Woodlands, Sugar Land, Texas, Salt Lake City, Utah.  Fayetteville-Springdale-Rogers, Arkansas-Missouri, Austin-Round Rock, Texas ,  Port St. Lucie, Florida, . Myrtle Beach-Conway-North Myrtle Beach, South Carolina-North Carolina. Naples-Immokalee-Marco Island, Florida and Lafayette, […]

Raleigh Receives Another Accolade!

Tuesday, February 10th, 2015

Raleigh’s one of Five American Cities You Should Visit in 2015 According to the Huffington Post  based upon information from the’s pricing index Raleigh is a top five place that people are visiting. The article sites our “southern charm” to NC State, UNC Chapel Hill and Duke. The article mentions the great dining in […]

North Carolina Ranks No. 1 for Women in Technology

Monday, February 9th, 2015

North Carolina is ranked first among states for its employment of women in the technology sector. Source TBJ 2/9/15