Research Triangle

Mohr Partners Adds John High as Market Leader in Raleigh-Durham, NC

Retrieved on: 
Monday, May 22, 2023
University, Research Triangle, Chapel Hill, University of North Carolina at Charlotte, Berkshire, Acquisition, Mohr Partners, Research, Pickett, Real estate, Management

DALLAS, May 22, 2023 /PRNewswire/ -- Mohr Partners, Inc., a top-three global occupier-focused corporate real estate services firm, has added commercial real estate industry veteran John High as a Managing Partner in Raleigh-Durham, NC.

Key Points: 
  • DALLAS, May 22, 2023 /PRNewswire/ -- Mohr Partners, Inc., a top-three global occupier-focused corporate real estate services firm, has added commercial real estate industry veteran John High as a Managing Partner in Raleigh-Durham, NC.
  • "I am immensely proud to join the Mohr Partners team," High said.
  • Prior to joining Mohr Partners, John worked with Berkshire Hathaway-York Simpson Underwood, as the only full-time commercial agent in North Carolina.
  • "We are thrilled to have hired an exceptionally experience leader to head our Mohr Partners team in Raleigh-Durham," Mohr Partners Chairman & CEO Robert Shibuya said.

Arelion Launches New Route Supporting U.S. East Coast Landing Stations

Retrieved on: 
Wednesday, May 10, 2023
Cloud, Regional Network Development Plan, Ethernet, Pop, Research Triangle, IPX, Internet, IP, Google Cloud Connect, Arelion, Wavelength, Growth, Telxius, MAREA, Airline, Tunnel

STOCKHOLM, May 10, 2023 /PRNewswire/ --  Arelion today announced that it has deployed a new fully diverse, high-capacity route from Reston, VA down the U.S. East Coast, connecting directly to the Telxius cable landing station in Virginia Beach, then continuing to Arelion's new Point-of-Presence (PoP) in Raleigh, NC before connecting into Charlotte, NC and continuing south into Jacksonville, FL and Miami, FL.

Key Points: 
  • In addition, the unique route supports and sustains the growth of Arelion's No.1 ranked Internet backbone, AS1299 .
  • As part of this network expansion, Arelion now offers five diverse optical systems serving Charlotte, providing customers with additional flexibility and high-capacity routing options.
  • "This network expansion on the East Coast of the U.S. is in response to our customers' growing requirements for diverse, high-capacity connectivity and end-to-end trans-Atlantic solutions," said Art Kazmierczak, Director of Strategic Sales and Network Development, Arelion.
  • With its new fully diverse, high-capacity East Coast route, Arelion provides enhanced access to its No.1 ranked Internet backbone, AS1299 , as well as the global carrier's portfolio of leading IP and optical technology services, including high-speed IP Transit , Cloud Connect , Ethernet and IPX services for service providers, content providers and enterprises.

Wake Forest Bancshares, Inc. Announces Second Quarter Results

Retrieved on: 
Tuesday, April 18, 2023
Unemployment, WAKE, Federal, Policy, Research Triangle, Federal Reserve, OTC, Growth, Health, Environment, Bank, Real estate

WAKE FOREST, N.C., April 18, 2023 (GLOBE NEWSWIRE) -- Wake Forest Bancshares, Inc., (OTC: WAKE) parent company of Wake Forest Federal, announced today that the Company reported earnings of $486,910 or $0.45 per share for its quarter ended March 31, 2023.

Key Points: 
  • WAKE FOREST, N.C., April 18, 2023 (GLOBE NEWSWIRE) -- Wake Forest Bancshares, Inc., (OTC: WAKE) parent company of Wake Forest Federal, announced today that the Company reported earnings of $486,910 or $0.45 per share for its quarter ended March 31, 2023.
  • For the most recent quarter, the Company’s interest rate margin was 4.07% vs 3.01% for the same quarter a year earlier.
  • Wake Forest Bancshares, Inc. has 1,070,296 shares of common stock outstanding, including 635,000 shares held by its mutual holding company.
  • Based in Wake Forest, North Carolina since 1922, the Company conducts business as Wake Forest Federal from its office in Wake Forest, (Wake County), North Carolina.

Levine Leichtman Capital Partners Portfolio Company Technical Safety Services Acquires Precision Air Technology

Retrieved on: 
Wednesday, April 12, 2023
Finance, Health Technology, Professional Services, Biotechnology, Health, Pharmaceutical, General Health, Other Science, Science, Research, Research Triangle, Precision, Certification, TSS, Acquisition, Calibration, Fine chemical

Technical Safety Services (“TSS” or the “Company”), a portfolio company of Levine Leichtman Capital Partners (“LLCP”), announced that it has acquired Precision Air Technology, Inc. (“Precision”).

Key Points: 
  • Technical Safety Services (“TSS” or the “Company”), a portfolio company of Levine Leichtman Capital Partners (“LLCP”), announced that it has acquired Precision Air Technology, Inc. (“Precision”).
  • Based in Morrisville, North Carolina, Precision is a provider of controlled environment testing and certification services required in high-performance, regulated pharmaceutical and healthcare settings.
  • TSS provides on-site technical services mandated to occur at regular intervals to ensure all clients remain in compliance with regulatory standards.
  • TSS is a portfolio company of Levine Leichtman Capital Partners VI, L.P.

Balfour Beatty, Metcon Joint Venture Selected for Raleigh-Durham Airport Authority Construction Program

Retrieved on: 
Monday, March 27, 2023
Commercial Building & Real Estate, Construction & Property, Air, Transport, Urban Planning, Other Travel, Architecture, Other Construction & Property, Travel, Park, Custom, European Court of Human Rights building, Aviation Parkway (Ottawa), Raleigh–Durham International Airport, CBP, Aviation, RDU, Research Triangle, FIS, Balfour Beatty, Multimedia, Balfour, Aviation Parkway, Parking, National Guard, Heathrow Terminal 2, Growth, Heathrow Terminal 1, CONRAC, PG-1, Safety, Airline

Balfour Beatty’s Building operations and joint venture partner Metcon Inc., in association with Right Build and Varnedoe Construction, have been selected by Raleigh-Durham Airport Authority to deliver an approximately $650 million phased construction program at Raleigh-Durham International Airport (RDU).

Key Points: 
  • Balfour Beatty’s Building operations and joint venture partner Metcon Inc., in association with Right Build and Varnedoe Construction, have been selected by Raleigh-Durham Airport Authority to deliver an approximately $650 million phased construction program at Raleigh-Durham International Airport (RDU).
  • “Balfour Beatty is honored to continue our more than 10-year relationship with Raleigh-Durham Airport Authority,” said Trent Johnson, Balfour Beatty operations director in Raleigh, North Carolina.
  • Contracting for the construction program will be phased through multiple amendments as design, preconstruction and construction activities progress.
  • The Balfour Beatty-led joint venture will execute master agreements for the Parking Economy 3 expansion, Aviation Parkway and National Guard Drive improvements and Terminal 2 Landslide Expansion program in March 2023.

Publix Super Markets Opens at Marketplace at Ellis Crossing

Retrieved on: 
Thursday, March 16, 2023
Apple, Research, City, Heart, First National Bank, Eye, Negotiation, Chipotle, Wilson, Research Triangle, Marketplace, Publix, Sheetz, Research Triangle Park, Retail

RALEIGH, N.C., March 16, 2023 /PRNewswire/ -- Thompson Thrift, a full-service nationally recognized real estate company, announced today that Publix Super Markets has opened a 46,791-square-foot grocery store at Marketplace at Ellis Crossing, a 30-acre mixed-use property under development in the Research Triangle Park area of Raleigh-Durham.

Key Points: 
  • RALEIGH, N.C., March 16, 2023 /PRNewswire/ -- Thompson Thrift , a full-service nationally recognized real estate company, announced today that Publix Super Markets has opened a 46,791-square-foot grocery store at Marketplace at Ellis Crossing, a 30-acre mixed-use property under development in the Research Triangle Park area of Raleigh-Durham.
  • Located at the northeast corner of Ellis Road and Watchorn Street, Marketplace at Ellis Crossing will include an additional 25,000 square feet of retail space and a mix of additional uses.
  • Chipotle opened its doors earlier this year and First National Bank is slated to open in 2024.
  • Marketplace at Ellis Crossing is ideally situated between two of North Carolina's fastest growing cities.

Avelo Airlines Announces New Nonstop Service from Manchester-Boston Regional Airport to Raleigh, North Carolina

Retrieved on: 
Wednesday, March 15, 2023
Raleigh–Durham International Airport, Partnership, The Sundays, Airport, Avelo Airlines, MHT, Manchester–Boston Regional Airport, RDU, Research Triangle, Friends, Granite State, Boeing, Airline

MANCHESTER, N.H., March 15, 2023 /PRNewswire/ -- MANCHESTER-BOSTON REGIONAL AIRPORT (MHT) is excited to welcome Avelo Airlines to New Hampshire with exclusive nonstop service to Raleigh-Durham International Airport (RDU) starting June 21, 2023.

Key Points: 
  • MANCHESTER, N.H., March 15, 2023 /PRNewswire/ -- MANCHESTER-BOSTON REGIONAL AIRPORT (MHT) is excited to welcome Avelo Airlines to New Hampshire with exclusive nonstop service to Raleigh-Durham International Airport (RDU) starting June 21, 2023.
  • Avelo is MHT's fifth airline and will offer the only nonstop service from the Granite State to North Carolina's Research Triangle.
  • Avelo Airlines Chairman and CEO Andrew Levy said, "Manchester – say hello to Avelo!
  • "Manchester-Boston Regional Airport is thrilled to welcome Avelo Airlines to New Hampshire," said Airport Director Ted Kitchens, A.A.E.

Avelo Airlines Grows its 5th Base in Raleigh-Durham with Second Aircraft, Three New Nonstop Destinations and More Jobs

Retrieved on: 
Wednesday, March 15, 2023
Aircraft, Raleigh–Durham International Airport, City, Airport, Flight, Boeing 737 Next Generation, Terminal One, MHT, Travel, Heathrow Terminal 2, RDU, Research Triangle, Boeing, Customer, Tweed New Haven Airport, Air travel, Atmosphere, Culture, TSA, MEM, Airline, Avelo Airlines, Aircraft pilot, ROC, Maintenance, HVN

HOUSTON, March 15, 2023 /PRNewswire/ -- Avelo Airlines announced today it is growing its operational base at Raleigh-Durham International Airport (RDU) with a second 737 aircraft. The additional aircraft enables Avelo to add three new destinations: Memphis, Tennessee (MEM); Manchester, New Hampshire / Boston (MHT), and Rochester, New York (ROC).

Key Points: 
  • The additional aircraft enables Avelo to add three new destinations: Memphis, Tennessee (MEM); Manchester, New Hampshire / Boston (MHT), and Rochester, New York (ROC).
  • Avelo is the only airline offering affordable, convenient and nonstop flights between The Research Triangle and these three new cities.
  • The addition of a second aircraft to our RDU base grows Avelo's service from The Research Triangle to 10 popular nonstop destinations.
  • With the addition to these three new destinations, Avelo will now serve 10 nonstop destinations from RDU.

GreenLight Biosciences Outlines Development Strategy and Highlights Portfolio Updates at Plant Health R&D Day

Retrieved on: 
Tuesday, March 7, 2023
Biodiversity, RNA, Agriculture, GRNA, Lettuce, Food security, Plant, Face, Disease, Farmer, Crop protection, Eye, Health, Outline, Renewable energy, Fine chemical, Research Triangle

“GreenLight is taking an innovative approach to advancing novel double-stranded RNA (dsRNA) solutions for numerous agricultural applications with advantages in speed of discovery/development, cost, quality and delivery.

Key Points: 
  • “GreenLight is taking an innovative approach to advancing novel double-stranded RNA (dsRNA) solutions for numerous agricultural applications with advantages in speed of discovery/development, cost, quality and delivery.
  • We have advanced our company’s portfolio strategy, target product profiles, and delivery capability all to meet the global challenges we face in the quest to grow food sustainably,” said Andrey Zarur, CEO of GreenLight Biosciences.
  • The next session will focus on the Company’s Human Health portfolio and will be hosted on Thursday, March 9th, 2023, at GreenLight Biosciences Headquarters in Lexington, MA.
  • Registration is available here: https://www.greenlightbiosciences.com/rdshowcase/ and a replay of the webcasts will be available at https://investors.greenlightbio.com for approximately 30 days.

Impact Property Solutions Launches New Location in Charlotte, North Carolina to Bolster its Carolinas Footprint

Retrieved on: 
Wednesday, March 8, 2023
Professional Services, Business, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Other Manufacturing, Textiles, Other Professional Services, Finance, Manufacturing, Interior Design, Housing, Research Triangle, Sun Belt, Acquisition, Growth, Heart

Impact Property Solutions (“Impact”), a Dallas, TX-based portfolio company of Blue Sage Capital (“Blue Sage”), is proud to announce the opening of its Charlotte, NC branch.

Key Points: 
  • Impact Property Solutions (“Impact”), a Dallas, TX-based portfolio company of Blue Sage Capital (“Blue Sage”), is proud to announce the opening of its Charlotte, NC branch.
  • The new location is in the heart of the Charlotte and readily accessible to all multifamily and student housing assets in the metropolitan area.
  • Impact’s opening of Charlotte showcases continued growth and the commitment to all of North Carolina.
  • Kerry Jones, CEO of Impact Property Solutions commented “The opening of Impact’s new Charlotte locations represents our sixth market to enter in the last 18 months.