CityPlat in the News

Raleigh real estate firm makes play for Garner’s downtown project (Renderings)

19 March 2021, Triangle Business Journal

The town of Garner is weighing proposals from three developers – one local and two from out of state – … Continue reading Raleigh real estate firm makes play for Garner’s downtown project (Renderings)

Raleigh brewery expanding to Durham in new retail, entertainment complex

25 February 2021, Triangle Business Journal

Raleigh-based Lonerider Brewing Co. is coming to the Bull City with plans to open its fourth location in the Triangle … Continue reading Raleigh brewery expanding to Durham in new retail, entertainment complex

Raleigh firms partner to bring more townhomes to Glenwood South – and these won’t cost you $1M

29 January 2021, Triangle Business Journal

Two real estate firms in Raleigh are at it again, pairing up for their latest residential infill development – this … Continue reading Raleigh firms partner to bring more townhomes to Glenwood South – and these won’t cost you $1M

New owners of downtown Raleigh nightclub property aim for 40-story rezoning

27 January 2021, Triangle Business Journal

The new owners of the home of a longtime Raleigh nightclub are gearing up to file a rezoning request seeking … Continue reading New owners of downtown Raleigh nightclub property aim for 40-story rezoning

Developers warm up to Opportunity Zones in Raleigh-Durham

15 January 2021, Triangle Business Journal

In 2017, CityPlat principal Vincenzo Verdino learned of a new program just implemented by the federal government to encourage investment … Continue reading Developers warm up to Opportunity Zones in Raleigh-Durham

Downtown Durham condo project features retail, high-tech parking (Gallery)

8 January 2021, Triangle Business Journal

A pair of Raleigh-based developers are planning a mixed-use condo project in the heart of downtown Durham, including a high-tech … Continue reading Downtown Durham condo project features retail, high-tech parking (Gallery)

This $700K parking lot in downtown Raleigh could become a hotel – or condos

4 January 2021, Triangle Business Journal

A parking lot in downtown Raleigh changed hands last week with the new owner envisioning a future high-rise on the … Continue reading This $700K parking lot in downtown Raleigh could become a hotel – or condos

From bricks to retail: Downtown Durham site finds new life with trendy development (Gallery)

16 October 2020, Triangle Business Journal

The site of a historic brick factory in Durham has found new life as a retail and entertainment destination. Raleigh … Continue reading From bricks to retail: Downtown Durham site finds new life with trendy development (Gallery)

More development planned for Hillsborough St. near NC State

13 August 2020

By Cliff Barnes  – Contributing writer Triangle Business Journal The trend of buying separate parcels of land and assembling them is continuing near … Continue reading More development planned for Hillsborough St. near NC State

With property sale, Hillsborough Street could see more redevelopment by NC State

3 May 2020

A New York City-based real estate investment firm has laid a stake in prime real estate near North Carolina State … Continue reading With property sale, Hillsborough Street could see more redevelopment by NC State

Gaurav “G” Patel Joins CityPlat Commercial Real Estate

13 April 2020

Raleigh’s top hospitality entrepreneur shifts to Senior Advisor role in commercial real estate Cary, (Issuewire.com) – For over a decade, … Continue reading Gaurav “G” Patel Joins CityPlat Commercial Real Estate

Triangle real estate firm stakes claim in downtown Raleigh with new HQ

6 April 2020, Triangle Business Journal

A real estate company with a growing presence in the Triangle will launch a new headquarters in the heart of … Continue reading Triangle real estate firm stakes claim in downtown Raleigh with new HQ

Sale of Wake Forest site will help NC restaurant workers in need

6 April 2020, Triangle Business Journal

A Triangle real estate company plans to donate a portion of its profits from the sale of an industrial site … Continue reading Sale of Wake Forest site will help NC restaurant workers in need

Cary group plots mixed-use project in downtown Garner

10 February 2020, Triangle Business Journal

A local developer is bringing a mixed-use destination to Garner with plans to redevelop a pair of aging industrial buildings … Continue reading Cary group plots mixed-use project in downtown Garner

Raleigh Ranks Among Best Places

31 January 2020

The following is a list of recognitions Raleigh has received throughout the years. Find more about what makes Raleigh such … Continue reading Raleigh Ranks Among Best Places

CityPlat LLC successfully closes sale of two medical buildings leased to UNC Health Care Systems.

5 January 2020

Apex, Jan 4, 2020 (Issuewire.com) – CityPlat LLC Commercial Real Estate Firm facilitated an off-market $6,000,000 sale of a recently … Continue reading CityPlat LLC successfully closes sale of two medical buildings leased to UNC Health Care Systems.

CityPlat LLC closes 2nd Long-Term Lease with Crafty Crab Restaurant franchise in North Carolina this Year!

18 November 2019

Raleigh, Nov 18, 2019 (Issuewire.com)  – Crafty Crab Restaurant is a new growing and constantly expanding Cajun Seafood Franchise that currently has … Continue reading CityPlat LLC closes 2nd Long-Term Lease with Crafty Crab Restaurant franchise in North Carolina this Year!

CityPlat LLC Purchases a Small Office/Retail Building in Glenwood South Corridor in Raleigh, NC.

24 October 2019

CityPlat LLC purchased a Small Office/Retail Building in Glenwood South in Raleigh, NC.  Extensive renovations are underway. This 3,300 SF … Continue reading CityPlat LLC Purchases a Small Office/Retail Building in Glenwood South Corridor in Raleigh, NC.

Local Development Group Acquires 1.72 Acres on Hillsborough Street for Future Development.

24 October 2019

A partnership between CityPlat and White Oak Properties has acquired a land assemblage consisting of 6 parcels, 1.72 acres, near … Continue reading Local Development Group Acquires 1.72 Acres on Hillsborough Street for Future Development.

CityPlat LLC closes a Long-Term Lease with Crafty Crab Restaurant franchise in Concord, NC.

24 October 2019

Cary, Aug 1, 2019 (Issuewire.com)  – CityPlat LLC has closed a Long-Term Lease for a 2nd Generation Restaurant Building at 8480 Pit … Continue reading CityPlat LLC closes a Long-Term Lease with Crafty Crab Restaurant franchise in Concord, NC.

CityPlat LLC Sells 2 prime Multi-family Assets in Downtown Raleigh

24 October 2019

CityPlat LLC Sells 2 Apartment Buildings in Downtown Raleigh. The first property is located at 200 E. Edenton Street in … Continue reading CityPlat LLC Sells 2 prime Multi-family Assets in Downtown Raleigh

To create affordability in downtown Durham, this condo developer is going small

21 April 2019

To create more affordable for-sale units in downtown Durham, one developer is going small — really small. The latest project … Continue reading To create affordability in downtown Durham, this condo developer is going small

400 square feet in downtown Durham ‘naturally affordable’ at $150K

21 April 2019

By Sarah Krueger, WRAL reporter DURHAM, N.C. — A Durham developer wants to build what he calls “naturally affordable” condominiums, homes … Continue reading 400 square feet in downtown Durham ‘naturally affordable’ at $150K