Thursday, September 11, 2014

Highwoods Buys Raleigh Asset, Sells Non Core, Shares Fall

Highwoods Buys Raleigh Asset, Sells Non Core, Shares Fall

Highwoods Properties Inc. (HIW) has acquired One Bank of America Plaza, an office building in CBD Raleigh. The company’s investment in this 17-story, 374,000-square foot property is estimated at $92.3 million, 25% lower than the projected replacement cost.

Police find man shot to death

Just after 11 p.m., officers made a welfare check to an apartment at 2197 W. River Trace in the Raleigh area. Inside, they found a 39-year-old man with multiple gunshot wounds. He was pronounced dead on the scene Police had made no arrests Wednesday.

NCDOT to suspend Pea Island bridge construction

RALEIGH, N.C. (AP) -- The N.C. Department of Transportation says it's temporarily suspending work on the Pea Island bridge construction on N.C. 12 to allow review of a court ruling on the replacement for the Bonner Bridge. NCDOT and the Federal Highway ...

800 Raleigh Police Department agents complete first ever Sikh Cultural Awareness Training

Raleigh, North Carolina: United Sikhs and the Sikh Gurudwara of North Carolina (SGNC) this week announced the completion of the first ever Sikh Cultural Awareness and Sensitivity Training for the Raleigh Police department. The training was conducted in 12 ...

Multifamily Inventory Outpaces Demand Amid Rising Rents and Employment Growth in NC

Raleigh, N.C.—Apartment inventory in the Raleigh-Durham area expanded by 1,020 units during Q1 2014, a slight decrease from 1,340 deliveries in the last quarter of 2013. According to research data from Berkadia, the Hillsborough submarket saw the ...

Raleigh allows permit for amplified sound at wedding venue

Raleigh, N.C. — Intense noise concerns from area residents were not enough to convince Raleigh City Council last week to reject a request by the Merrimon-Wynne house for a special use permit for amplified outdoor sound. Owner Jodi Heyens and her family ...

Whole Hog Barbecue championship returns to Raleigh

RALEIGH —For the second year in succession, the leading whole hog cooking teams in North Carolina will soon battle hog to hog to determine the pork barbecue cooking champion, as part of Raleigh’s hugely-successful International Bluegrass Music ...

NASCAR Bank of America 500 Trophy Tour comes to Raleigh

Gov. Pat McCrory and NASCAR star Brad Keselowski took part in the Bank of America 500 Trophy Tour when it rolled into Raleigh on Wednesday. Fans got to check out show cars and the Charlotte Motor Speedway Fan Van, plus take photos with the Bank of America ...

Women’s Health ranks Raleigh No. 3 top city for arts and culture

Women’s Health magazine has ranked Raleigh third as an up and coming city for arts and culture. The magazine collaborated with Yelp to sift through businesses and more than 61 million Yelp reviews to determine which cities signal a social city.

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