Wigeon Capital Announces First Sale in Development Portfolio
July 12th, 2021
NAI Tri Properties announced today the sale of 7230 ACC Blvd. The sale consisted of the newly constructed 11,900 SF flex building on 1.42 acres in Raleigh, North Carolina to Me and You Holdings, LLC. The building was developed by Wigeon Capital and recently completed construction last month. The property sits in a tremendous location…
Merritt Properties Expands Triangle Footprint with 35-Acre Business Park
May 18th, 2021
Merritt Midway Business Park Expected to Deliver Next Year Merritt Properties, a Baltimore-based full-service commercial real estate development company with 19 million square feet throughout Maryland, Virginia, and North Carolina, announced that it has acquired 35 acres to build a flex/light industrial business park in Knightdale, North Carolina. The land is situated off Hinton Oaks…
Wigeon Capital Announces New Development in Garner
May 12th, 2021
NAI Tri Properties announced today the sale of 11.77 acres for $1,325,738 of industrial land in Greenfield Business Park, located on Laurensfield Court in Garner, North Carolina to developer Wigeon Capital. The well-situated location backs up to I-40, near the US Business 70 and I-40 interchange in Garner. “Greenfield Business Park continues to be a…
Investor Shows Confidence in Triangle Office Market
April 5th, 2021
Tri Properties | NAI Carolantic today announced the sale of a four-story, Class A office building, Trinity Place, prominently located across from PNC Arena at 1201 Edwards Mill Road in Raleigh, North Carolina. The transaction consisted of the entire 113,368 square foot building on 6.29 acres and totaled $26.5 million. The purchase by JPB Raleigh…
Industrial Park Breaks Ground in Garner, North Carolina
March 26th, 2021
Wigeon Capital Starts 58,000 SF Industrial Building at Greenfield Business Park Wigeon Capital, a Raleigh-based real estate development company co-founded by Whit Brown and Al Goodrich, announced a new flex and warehouse construction project at Greenfield Business Park in Garner, North Carolina. Construction on the first 58,000 square foot building is underway at 3300 Waterfield Drive.…
Alidade Picks Up New Life Science Buildings in Cary
December 17th, 2020
Tri Properties | NAI Carolantic today announced the sale of 13000 Weston and 14001 Weston Parkway. The portfolio transaction consisted of two flex properties in Cary, North Carolina, totaling $25 million for 137,759 square feet over 25.68 acres. “We felt it was the right time to realize gains and focus on a number of other…
Stroud Closes Second Large Land Deal of 2020
August 28th, 2020
Tri Properties | NAI Carolantic is pleased to share the second large and notable land deal, transforming the future landscape of our region, in 2020 by mover and shaker Steve Stroud, SIOR. Despite the pandemic, this activity shows land transactions to continue to be of value to investors. Steve represented the owners including Wendell Action…
Tri Properties | NAI Carolantic Sees Triangle Commercial Real Estate Success During Pandemic
August 24th, 2020
DURHAM, NC (August 24, 2020) — Tri Properties I NAI Carolantic announces the completion of 75 transactions totaling 1.2 million square feet and 1050 acres during the COVID-19 pandemic. In addition, the firm obtained 1,394,126 square feet of new property management assignments. Notable Lease Transactions ADUSA Distribution leased 155,430 square feet of warehouse space at…
Mega Housing Development Underway in Lee County
July 15th, 2020
Helping support the growth and development of Lee County, Tri Properties | NAI Carolantic, the Triangle’s leading commercial real estate firm, is pleased to have represented multiple owners in the sale of approximately 749 acres to developer Criteria Development LLC. Criteria, headquartered in Daphne, Alabama, is a fully integrated development company offering planning, acquisition, and…
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