Office Space Market in the Triangle Shows Signs of Stabilizing
Raleigh-Durham News

Office Space Market in the Triangle Shows Signs of Stabilizing

Alcove Team | 8/17/23
The latest analysis by CBRE | Raleigh reveals that the office space market in the Triangle is still favorable for tenants, but there are signs of improvement as vacancy rates decrease and demand for Class A office space remains strong.
Building Permits, Housing Starts, and Completions: July 2022 Snapshot
Homeowners

Building Permits, Housing Starts, and Completions: July 2022 Snapshot

Alcove Team | 8/17/23
In July 2022, building permits for privately-owned housing units slightly increased, while housing starts showed a significant rise. However, housing completions experienced a decline compared to the previous month.
Duke Energy Considers Nuclear Reactor at North Carolina  Plant
Raleigh-Durham News

Duke Energy Considers Nuclear Reactor at North Carolina Plant

Alcove Team | 8/16/23
Duke Energy is considering building a nuclear reactor at its Belews Creek facility in North Carolina.
Spacious New House in Raleigh Sells for $1.2 Million
Raleigh-Durham News

Spacious New House in Raleigh Sells for $1.2 Million

Alcove Team | 8/16/23
A 3,624-square-foot house at 7421 Wexford Woods Lane in Raleigh just sold for $1.2 million.
Governor Announces $8.5M in Grants for Local Parks and Recreation Projects
Raleigh-Durham News

Governor Announces $8.5M in Grants for Local Parks and Recreation Projects

Alcove Team | 8/16/23
Governor Roy Cooper has approved $8.5 million in grants to fund 19 local parks and recreation projects across the state, emphasizing the importance of outdoor spaces for community well-being.
John Deere to Create 50 Jobs in the Triangle for Electric Powertrain Venture
Raleigh-Durham News

John Deere to Create 50 Jobs in the Triangle for Electric Powertrain Venture

Alcove Team | 8/15/23
Deere & Company, in partnership with Kreisel Electric GMBH, will establish its North American headquarters and build a battery and charger manufacturing facility in North Carolina, creating 50 new jobs.
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