1Q 2021 Market Report
June 30th, 2021
Our 1Q 2021 Triangle Market Report is now available, where we provide clients and business professionals with in-depth facts and figures on the current state of the Triangle market. We track and publish data covering office, flex, warehouse, and retail property types as well as noting trends in investment sales, new and planned construction. Click here to…
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…
Locally Founded Commercial Real Estate Powerhouse Rebrands Brokerage
May 10th, 2021
NAI Tri Properties is the newly announced rebranded name for the brokerage unit of Tri Properties, a leading full-service commercial real estate firm located in North Carolina’s Triangle region. Tri Properties, headquartered in Durham, and Raleigh based NAI Carolantic Realty, announced their merger back in November 2019. Despite the pandemic, the newly unified brokerage team…
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.…
4Q 2020 Market Report
March 25th, 2021
Our 4Q 2020 Triangle Market Report is now available, where we provide clients and business professionals with in-depth facts and figures on the current state of the Triangle market. We track and publish data covering office, flex, warehouse, and retail property types as well as noting trends in investment sales, new and planned construction. Click here to…
2020 In Review and A Look Toward 2021
February 4th, 2021
Our industry leaders weigh in to share activity and trends for commercial real estate, from the market data we gathered and experienced in 2020 to trends they see being accelerated for 2021. How did the pandemic affect land sales? Where are investors choosing to invest? What type of companies are thriving in this economy? Office…
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…
3Q 2020 Market Report
December 7th, 2020
Our 3Q 2020 Triangle Market Report is now available, where we provide clients and business professionals with in-depth facts and figures on the current state of the Triangle market. We track and publish data covering office, flex, warehouse, and retail property types as well as noting trends in investment sales, new and planned construction. Click…
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