Moncure

Moncure, NC · Business
connectcre.com
Duke Buys Discounted Durham Office Building
DUMAC, the investment division at Duke University, purchased Erwin Square Plaza for $30 million. The seller, Lionstone Investments, paid $57 million for the property in 2015, the last time it sold. It was built in 1989. Duke University is the anchor tenant, occupying 80% of the 238,792-square-foot building. The Triangle...
unearththevoyage.com
Raleigh News & Observer
hoodline.com
Raleigh News & Observer
ncconstructionnews.com
Raleigh News & Observer
jocoreport.com
caswell.news
hoodline.com
Durham's ReCity Network Opens Renaissance Lounge to Cut Startup Rent Costs
Renaissance Lounge — Approximate Site of New Affordable Workspace. A new 700-square-foot coworking spot called the Renaissance Lounge opened at 112 Broadway St. in Durham on Oct. 29, 2026, giving entrepreneurs, nonprofits and community organizers a place to work and gather without signing a traditional office lease. The space is the latest expansion from ReCity Network, the nonprofit-rooted coworking operator that has grown from a single warehouse room into a 25,000-square-foot hub housing nearly 90 organizations.
takemetotn.com
ccbjournal.com
jocoreport.com
WRAL News
Power restored to more than 2,000 Apex customers
Power has been restored to more than 2,000 customers in Apex. At 6:45 a.m. on Wednesday, the town of Apex outage map showed 2,378 customers without power in the areas of New Hill Olive Chapel Road and Humie Olive Road, north of U.S. Highway 1 and close to Pleasant Park.
hoodline.com
Raleigh News & Observer
Triangle reservoirs see lowest water levels of 2026 as drought intensifies
After a period of recovery this summer, the Triangle’s biggest reservoirs are all seeing dwindling water levels as North Carolina’s drought has stretched into the fall. Central North Carolina has been experiencing a drought since August. Both Wake and Durham counties are currently in a severe drought, according to the U.S. Drought Monitor. While rainfall this summer provided some relief, hot, dry weather over the past two months has “caused drought conditions to rapidly worsen or reemerge in some areas,” the National Weather Service’s Raleigh office wrote in an Oct. 27 alert. As a result, current water levels in the area’s biggest reservoirs are nearing the lowest levels recorded since this summer, when several of the region’s cities put in place water use restrictions to conserve their water supply. Durham is nearing the trigger for Stage 3 drought restrictions, after enacting water use restrictions in June, said James Lim, the Department of Water Management’s water efficiency manager. Stage 2 restrictions are still in place, and the city is seeking ways to avoid enacting more restrictive rules. Durham’s main reservoirs, Lake Michie and Little River Reservoir, are even lower than they were this summer. The city’s reservoirs are 33% full, compared