ULI Triangle News

Kicking Off the New Year with a Capital Markets Update

More than 150 ULI Triangle members joined Moderator Jim Spaeth, Director, UNC Wood Center for Real Estate at Kenan-Flagler and panelists Travis Anderson, Managing Director, HFF Capital Markets, Lee Roberts, Principal, SharpVue Capital, Jennings Glenn, CFO, Kane Realty Corporation and Stewart Patch, Vice President, BNC Bank for a discussion on the state of the capital markets. Take aways from the program included: Biggest surprises in 2016: President Donald J. Trump and the fact that the Fed increased interest rates only once. Real Estate Market Cycle: In reflecting upon  the typical 18-year … Read More

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Accessory Dwelling Units: Friendly Density or Neighborhood Foe?

Charles Dillard (City of Raleigh Urban Design Center) and Pat Young (Durham City-County Planning Department), representing “Team Planner,” faced off against “Team Developer” Trish Hanchette (Lennar Corporation) and Aaron Lubeck (The Rocket Shop) to discuss the regulatory environment and practical applications around Accessory Dwelling Units or “ADUs”. The program was moderated by Molly Stuart of Kilpatrick Townsend. Aaron and “Team Developer” kicked off the discussion with examples of ADU projects he’s built, noting Durham has not received many privacy or noise complaints against ADU residents. He added that Trinity Park, located near Duke, has … Read More

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Triangle Shines in 2017 Real Estate Trends

Kathleen Carey, President & CEO of the ULI Foundation, presented ULI and PwC’s joint 2017 Emerging Trends in Real Estate® report to a full house at the Durham Convention Center in Downtown Durham on November 17. The Triangle climbed to #7 on the report’s Markets to Watch list, besting a host of other growing cities and urban areas across the U.S.—including Charlotte. “The Raleigh/Durham market in North Carolina ticks a lot of the boxes for real estate success: affordable living and business costs, a concentration of research universities and colleges, … Read More

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What’s Disrupting Retail Real Estate?

ULI Senior Resident Fellow for Retail (recently retired) Maureen McAvey moderated a lively and in-depth discussion on four big trends shaping retail shopping, and by extension retail real estate: technology, consolidation, mixing uses and community building/food/experience. Joining Maureen in the discussion were perspectives from a retailer of high-end men’s clothing, retail real estate developer/manager and broker. Panelists included Jon Mark Baucom (Peter Millar), Chip Lanier (Plaza Associates) and John Pharr (Regency Centers). Jon Mark Baucom shared the increasing importance of delivering the brand equally strongly on all platforms—Peter Millar must … Read More

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2017 Real Estate Trends

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ULI Triangle presents its annual real estate trends and forecast meeting, featuring insights from leading experts both nationally and locally. The event will again feature a presentation on the Emerging Trends in Real Estate 2016 report—a publication from PwC and ULI—as well as a session on the outlook for Triangle area real estate, including a panel of leading area real estate investors and experts. Emerging Trends in Real Estate is a trends and forecast publication with a 37-year history, and is the most highly regarded and widely-read forecast report in … Read More

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2016 York Awards: That’s a wrap!

ULI Triangle congratulates the winners and finalists of the third annual J.W. Willie York Awards. ULI members, friends, colleagues and families gathered at the NC Museum of Art to celebrate with this year’s honorees: Community Builder Award Steve Stroud, Chairman of NAI Carolantic, co-founder of Highwoods Properties and force behind the Carolina Hurricane’s move to Raleigh. Influence Award Winner Durham Performing Arts Center, for their exemplary role in influencing the development of and bringing vitality to Durham’s downtown. Innovative Award Infill Winner 801 N. West Street, for its inventive and … Read More

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A Healthy Campus for a Health Insurer


ULI Members gathered on August 30, 2016 to learn how BCBSNC bought some dissimilar lab and office buildings on an L-shaped parcel and transformed them into a healthy, active corporate campus. BCBSNC Director of Real Estate and Facility Services, Julie Schoenagel, said the driving factors for the relocation from the iconic rhombus building in Chapel Hill to the Durham campus included: decreasing redundancies in operations, saving on travel time for employee meetings, decreasing operating costs and promoting more employee cohesion and physical activity. Architect Michael Stevenson, Perkins + Will (formerly … Read More

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Raleigh’s Newest Smokin’ Hot Neighborhood


A sold out crowd of professional women in real estate gathered on August 23rd at West Street’s newest apartment complex, The Link, to learn about the ongoing transformation of downtown Raleigh’s historic “Smokey Hollow” neighborhood. Beth Nooe with the City of Raleigh Urban Design Center described how urban renewal projects in the 60’s and 70’s, notably the construction of US Highway 1 into downtown Raleigh, disconnected the working class area from downtown. As a result, people moved out and warehouses moved in. Now, however, the City is planning to re-establish … Read More

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Hot topic: Cold Beer and the Brewery Boom


What better relief for a sweltering summer afternoon than a cold beer? Or two?  On June 23, over 100 ULI Triangle members packed the taproom and brewery at Trophy Brewing Co.’s new Maywood Avenue location just south of Downtown Raleigh.  Trophy’s co-owner David Meeker and brewmaster Les Stewart gave a warm welcome and introduction to their facility, followed by an overview and tour of the brewing process.  Bull Durham Brewing brewmaster Sebastian Wolfrum then kicked off a panel discussion on the Triangle’s brewery boom with an overview of what it … Read More

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State of the Office Market is Strong

The state of the Triangle office market is strong said the panelists at the recent sold-out ULI Triangle members-only round table. Moderator Carman Liuzzo, Highwoods Properties, was joined by Michael Morgan, JLL, Chris Odle, Armada Hoffler, and Jeff Sheehan, Trinity Capital, to discuss where Raleigh and Durham fall in the development cycle, rent growth and leasing trends, amount of construction underway and the financing environment. Panelists expressed concerns about the rising cost of construction and the tightening of the debt market, but still were positive about the overall growth in … Read More

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