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Good afternoon, Raleigh. I lost my job at the bank on my first day.

A woman asked me to check her balance, so I pushed her over. 😬

In today’s Raleigh Rundown:

• 7 fun things to do in Raleigh this weekend

• Record property tax revaluation appeals

• New golf experience coming to Raleigh

• Carolina Hurricanes hire a new general manager

Let’s get to it. 🏃

Stories this week

Office property owners filing record property revaluation appeals 🏣

Wake County's 2024 property revaluations have triggered a surge in commercial property appeals, especially for office spaces. The county saw a 45% increase in commercial property values, but many owners are contesting these new valuations due to market challenges. Office property appeals rose by over 50% compared to 2020, with 330 filed this year.

Notable appellants include SECU, SAS Institute, and Highwoods Properties. Some tech and life sciences properties received high valuations. The appeals process is expected to conclude by Thanksgiving, with some cases potentially moving to the state property tax commission for review.

J. Alexander’s Raleigh property sold 🥩

A Charlotte-based real estate developer, Cambridge Properties, has purchased the land beneath J. Alexander's Restaurant in Raleigh for $6.1 million. The 2.6-acre property, located near Crabtree Valley Mall, was sold by a Hawaii-based LLC. J. Alexander's continues to own and operate the restaurant building, with about 12 years left on its ground lease.

Cambridge Properties' CEO, George Maloomian, expressed optimism about the property's future, citing the area's strong potential for business and retail growth. J. Alexander's, part of SPB Hospitality since 2021, has been operating at this location since 2016 and is currently the only North Carolina location for the multi-state restaurant chain.

New golf experience coming to Raleigh 🏌️

Sam Ratto, co-founder of Videri Chocolate Factory in Downtown Raleigh, is opening a new golf-centric business called Golf Golf Golf near his chocolate factory. The venue will feature golf simulators, an indoor putting green, games, a bar, and an outdoor patio.

Ratto, an avid golfer, sees demand for more indoor golf options as country club memberships become pricier. Golf Golf Golf will offer hourly simulator rounds at $75, as well as memberships. Ratto plans to hire 4-6 employees initially, with sights set on opening in late summer and expanding to multiple locations within two years.

The Carolina Hurricanes have a new general manager 🏢

The Carolina Hurricanes have named Eric Tulsky as their new general manager, promoting him from his interim position following Don Waddell's resignation. Tulsky, with the franchise for 10 years, started as a consultant in 2014 and became assistant GM in 2020. Owner Tom Dundon praised Tulsky's experience and dedication.

This appointment comes as the Hurricanes aim to build on their regular season success and pursue a championship, while also planning major renovations for PNC Arena. Tulsky, who has a background in chemistry and physics from Harvard and Berkeley, will work closely with the coaching staff and management team. His promotion coincides with significant developments for the team and potentially for Raleigh's sports landscape.

WHAT’S HAPPENING THIS WEEKEND

24th Annual All-Star Ride for Life | Saturday, 9 AM - 2 PM | Scooter’s Bar and Grill - 1911 Sego Ct, Raleigh

Hop on your motorcycle and head over to Scooter's Bar and Grill on Saturday, June 22nd for the 24th Annual All-Star Ride for Life! Registration begins at 9 am and the ride begins at 11 am!

T-Shirt and lunch are provided with a $20 registration fee and there's a silent auction following the ride should you wish to participate! All proceeds go to Duke Children's Miracle Network.

2024 Soul Picnic | Saturday, 12 - 9 PM | 747 Dawkins Drive, Raleigh

This official lawn Day Party welcomes you with special guest DJs, live music, spirits, food trucks, merchandise vendors, games and more.

Early arrival is encouraged in order to decorate your private VIP table or solidify your general admission space. Food, Beer & Wine are permitted along with soft coolers. Bring your blankets and tailgating chairs.

COST: Free to attend, cost for vendors (must be 21+ to attend)

Carns and Coffee Raleigh | Saturday, 8 - 11 AM | 701 Corporate Center Drive, Raleigh

Bring your classics, exotics, daily drivers, rare birds, and military vehicles. Or just come and enjoy the cars. Family and pet-friendly event.

COST: Free to attend

Pollinator Party | Saturday, 9 AM - 6 PM | Homewood Nrusery & Garden Center - 10809 Honeycutt Road, Raleigh

Celebrate pollinators and all they do for our world. There will be refreshments, Homewood gift card raffles, a sunflower seed planting station and scavenger hunt for kids, temporary tattoos, free pollinator guides, and 25% off all perennials (with lots of pollinator plants in stock)

COST: Free to attend, cost for plants

City Market | Sunday, 1 - 5 PM | 306 Parham St, Raleigh

Head to downtown Raleigh the City Market at Night Market including local handmade artists, food trucks, games on the lawn, entertainment, drinks from City Market bar, and fun for the whole family! Friendly dogs are welcome on a leash.

COST: Free to attend, cost for vendors

Juneteenth Jubilee | Sunday, 5 - 8 PM | 8521 Buffaloe Road, Knightdale

Check out this Juneteenth Jubilee, a celebration of freedom. Enjoy an evening filled with culture, performances, inspiring speakers, and community activities. Let's come together to celebrate, educate, and continue the fight for a more just and equitable future. Bring your family and friends to experience the spirit of Juneteenth and make this a memorable celebration of freedom and unity.

COST: Free to attend

MARK YOUR CALENDARS FOR THESE FUTURE EVENTS

June 26: Red Hot Chili Peppers performing at Coastal Credit Union Music Park at Walnut Creek. Click here for tickets.

June 28: Blockbuster Trivia Night hosted at New City Church at 7 PM (6904 Glenwood Ave, Raleigh). See how well you know your movies!

June 29: Raleigh Food Truck Rodeo in downtown Raleigh.

July 13: Raleigh’s First Summer Fest. Fun summer games, food trucks, a large selection of desserts, ice cream vendors, and games for adults and children. Beach music and line dancing. Huge selection of Beer and refreshing drinks. Hosted at the Raleigh City Plaza. 421 Fayetteville St, Raleigh.

WEEKEND WEATHER

Friday

93 🌡️ 72 | 🌤️ | 0%

Saturday

97 🌡️ 75 | 🌤️ | 0%

Sunday

98 🌡️ 77 | ⛈️ | 50%

LOCAL SPORTS

Baseball ⚾️

NC State and UNC, who both advanced to the final 8 and booked a trip to the College World Series, lost this week and neither will make it to the College World Series final this weekend.

Click here for the bracket + weekend game times.

Durham Bulls 🐂

• Friday: Durham Bulls @ Nashville Sounds | 7:35 PM

• Saturday: Durham Bulls @ Nashville Sounds | 7:35 PM

• Sunday: Durham Bulls @ Nashville Sounds | 3:05 PM

THANKS!

Thanks for reading the Raleigh Rundown today. If you found something useful, please share it with someone who likes looking at the starts. ⭐️

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Let’s do this again next Thursday!