News

Development & Infrastructure

Crescent Communities sells vacant Charlotte office building for $24.5M

CHARLOTTE - Crescent Communities has sold the vacant Escent Research Park office building in Charlotte for $24.5 million, about five years after the property was completed.

September 6, 2026

Companies & People

flyExclusive extends Volato aircraft-management agreement through Dec. 31

RALEIGH - flyExclusive has extended its exclusive aircraft-management agreement with Volato Group through 5 p.m. ET on Dec. 31, keeping the remaining aviation-asset options in place during the…

September 5, 2026

Companies & People

Bank of America to redeem $2B in senior notes

CHARLOTTE - Bank of America will redeem $2 billion in senior notes on Sept. 15, including $500 million of floating-rate debt and $1.5 billion of fixed/floating-rate debt.

September 5, 2026

Development & Infrastructure

HMF Americana plans 221-home mixed-use project near Stallings

STALLINGS - HMF Americana has acquired a site from Harris Teeter for a planned 221-home mixed-use community near the border of Stallings and Weddington.

September 5, 2026

Companies & People

Pharr Corporation buys Raleigh office building for $24.2M

RALEIGH - Pharr Corporation has acquired the 702 Oberlin office building near Village District through an affiliate for about $24.2 million.

September 5, 2026

Companies & People

Atrium Health Wake Forest Baptist names Matthew Edwards CEO

WINSTON-SALEM - Atrium Health Wake Forest Baptist has named longtime surgeon and health-system leader Matthew Edwards area president and CEO, effective Sept. 14.

September 5, 2026

Companies & People

Goodwill opens specialty record and media store in Matthews

MATTHEWS - Goodwill Industries of the Southern Piedmont opened Rewind, a specialty record and media store, Friday in downtown Matthews.

September 5, 2026

Development & Infrastructure

RTI offers about 300,000 square feet at RTP campus for lease

DURHAM - RTI International has placed roughly 300,000 square feet of office space across three buildings at its Research Triangle Park headquarters campus on the market.

September 5, 2026

Development & Infrastructure

Helicopter work causes widespread Cary-area power outage

CARY - Helicopter vegetation work for a railroad damaged Duke Energy equipment and caused a widespread outage that disrupted businesses and town facilities in Cary and Morrisville.

September 4, 2026

Development & Infrastructure

North Carolina awards $9.8M for 25 local park projects

RALEIGH - North Carolina awarded more than $9.8 million for 25 local park and recreation projects, with local matching funds helping support broader statewide investment.

September 4, 2026

Government & Business

North Carolina awards $2.49M to 46 technology companies

RALEIGH - North Carolina awarded 50 grants totaling about $2.49 million to 46 small businesses developing technologies across 13 counties.

September 4, 2026

Government & Business

Drought worsens in parts of North Carolina as water levels fall

RALEIGH - Drought conditions worsened in parts of North Carolina as low stream and reservoir levels prompted conservation requests and reduced hydropower generation at Kerr Lake.

September 4, 2026