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Macerich Company Acquires 1.3 Million SF Raleigh Mall for $290 Million

Macerich Company Acquires 1.3 Million SF Raleigh Mall for $290 Million

by Phil Hall | Jun 24, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Macerich Company (NYSE: MAC), a Santa Monica, California-based real estate investment trust, has acquired Crabtree Valley Mall, a Class A retail center totaling approximately 1.3 million square feet in Raleigh, North Carolina, for $290 million. The acquired...
Capital Square Opens Luxury Mixed-Use Complex in Raleigh

Capital Square Opens Luxury Mixed-Use Complex in Raleigh

by Phil Hall | Apr 24, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The developer Capital Square has opened Maeve, a 20-story, luxury mixed-use high-rise located in the Warehouse District of Raleigh, North Carolina. Maeve includes 297 apartments in one- to three-bedroom unit configurations and more than 10,000 square feet of...
Highwoods Properties Acquires Raleigh’s Advance Auto Parts Tower

Highwoods Properties Acquires Raleigh’s Advance Auto Parts Tower

by Phil Hall | Mar 3, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The real estate investment trust Highwoods Properties Inc. (NYSE: HIW) has acquired Advance Auto Parts Tower, a 20-story, Class AA office tower located in the North Hills Best Business District of Raleigh, North Carolina. The 346,000-square-foot, LEED-gold certified...
Woman at Center of North Carolina Deed Theft Case Continuing Her Scams

Woman at Center of North Carolina Deed Theft Case Continuing Her Scams

by Phil Hall | Nov 27, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

A woman who gained notoriety for attempting a deed theft scam on the mansion of a dentist in Raleigh, North Carolina, has obviously not learned any lessons from her miscreant shenanigans. WRAL reported that Dawn Mangum was arrested and charged with felony last...
Lennar Opens Stoneriver Community in Suburban Raleigh

Lennar Opens Stoneriver Community in Suburban Raleigh

by Phil Hall | May 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuilder Lennar Corp. (NYSE:LEN) announced the opening of Stoneriver, its new master-planned community in the Raleigh suburb of Knightdale, North Carolina. According to the company, Stoneriver offers nine single-family home designs from the Cottage, Classic and...
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