NYC-based RXR Realty has taken its strategy of investing in "superstar regions"—areas that support growth across residential, logistics and life sciences—to North Carolina's Research Triangle, where it plans to enter the market in NC in a big way: with a $3B, 16M SF mixed-use development.
RXR announced this week that it has completed a $91M acquisition of a 1,000K development site in in Apex, NC, known as Veridea from Trinity Apex Investments—the NYC firm's first development project in the Tar Heel State.
RXR will share the site with Wake Technical Community College, which plans to locate a new campus in Apex,
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