SARENews

About SARENews

SARENews was created to provide relevant real estate news across the southeast region of the US.

Triangle – 17 Office Building Portfolio to Sell for $1.12 Billion

A portfolio of office buildings will be sold for $1.12 billion. The buildings, and also some undeveloped land, are located across the Triangle area, in Nashville, St. Louis, and in South Florida. The purchase price was reportedly based on $160 per square foot of building area.

The current owner is Duke Realty Corp, the second largest office landlord […]

By |January 29th, 2015|Raleigh News, Raleigh Sales|0 Comments

BB&T Corporate Headquarters Sells in Winston-Salem

The BB&T corporate headquarters building in downtown Winston-Salem has sold for $60 million. The 20-story building contains 240,000 square feet indicating a sale price of $250 per square foot. The building is the 7th largest office building in the Triad area and the sale price is the highest price paid for office space in Winston-Salem.

The […]

By |December 25th, 2014|Greensboro News, Greensboro Sales|0 Comments

Waverly Place Shopping Center in Cary Sells

The Waverly Place retail shopping center, anchored by Whole Foods, sells for $66.2 million. The property contains 198,271 square feet indicating a purchase price of $334 per square foot.

The property originally was purchased in 2008 for $17.3 million. After the 2008 purchase, the property improved from an occupancy rate of 29% to an occupancy rate […]

By |December 25th, 2014|Raleigh News, Raleigh Sales|0 Comments

Charlotte and Raleigh – Fastest Growing Cities – 2010 to 2030

A United Nations report projects that Charlotte will be the #1 fastest-growing, large U.S. city between 2010 and 2030. The U.N. projects that Raleigh will be #2.

The U.N. projection is based on cities with a population over 500,000. Both Charlotte and Raleigh are projected to have population increases of approximately 71% between 2010 and 2030.

Source(s)/Media/Photo(s) […]

By |December 25th, 2014|Charlotte News, Raleigh News|0 Comments

Citrix Building in Raleigh Sets Price Record

The Citrix building in the Warehouse District in downtown Raleigh. The purchaser, JMC Holdings, paid $68.5 million for the Class A building on December 4, 2014. The property contains 185,000 square feet indicating a purchase price of $370 per square foot. This set a new price record in the Triangle area.

The property is leased to Citrix […]

By |December 25th, 2014|Raleigh News, Raleigh Sales|0 Comments

Single-Family and Townhome/Condominium Statistics Updated for Charlotte Counties

We have updated single-family and townhome/condominium statistical market overviews for counties in the Charlotte market area through November 2014.

Charlotte Area Residential Overviews

By |December 8th, 2014|Charlotte News|0 Comments