Land Services
Steve is one of the most highly regarded commercial real estate professionals in North Carolina. He began his real estate career in 1965 and founded Carolantic Realty in 1972 to assemble and develop major industrial and office tracts in Wake County. In 2020, Steve merged his then company NAI Carolantic Realty with Tri Properties.
Steve is responsible for developing many most notable real estate projects in the region — from expansive office parks at Highwoods and around Rex Hospital to the Crossroads development in Cary and the original assemblage of property around RDU Airport. Stroud was also the driving force behind the development of PNC Arena, working with state and local leaders to attract the NHL’s Carolina Hurricanes and provide a new home for the NC State basketball program. Since he merged his company with Tri Properties, Steve now focuses on what he loves best: envisioning future land developments.
Steve has built a legacy and tradition in Triangle commercial real estate, forever changing the face of the area and boosting economic development.
The company has received dozens of prestigious real estate awards for its work in the Triangle market. Steve has been recognized for his lifetime achievements with several notable awards, including:
Steve supports many community organizations throughout the Triangle and beyond. He is an active supporter of North Carolina State University and serves on multiple university, corporate, and community boards:
North Carolina State University
During his career, Rob has developed more than 500,000 SF of office, retail and industrial assets and has been involved in over 2,100 acres of land and investment sales totaling over $162 million. Prior to joining Tri Properties, Rob served as Director of Asset Management at Scientific Properties where he was also responsible for construction management and redevelopment for the notable Golden Belt and Venable Center projects in Downtown Durham.
In his backyard watching and listening to his kids playing.
Rob appreciates the building aspect of commercial development – from concept to construction – as well as the relationships needed to successfully bring it all together. He previously worked with Scientific Properties in Durham.
The redevelopment of a long neglected pharmaceutical site that is now home to Churchill Commons. The project includes Churchill Hall, a new 150,000 SF office building, and five surrounding retail outparcels that have positioned Churchill Commons as a cornerstone of Imperial Center.
Rob is an ardent supporter of Community Alternatives for Supportive Abodes (CASA), a non-profit housing developer focused on ending homelessness in the Triangle. He is a past chair of the organization’s board of directors and has served as a board member for eight years.
Appalachian State University: Geography and Planning
Jimmy currently leads our investment sales team and has a primary focus on client development and consulting. With nearly thirty years of experience in the local market, Jimmy specializes in all areas of leasing and sales. He provides exclusive tenant, buyer, and landlord representative services to local businesses, large corporations, and financial institutions and investors. He frequently represents large developments in Raleigh, the Research Triangle Park and surrounding areas — closing more than $100 million of transactions, exceeding one million square feet, in recent years.
The greenway near his house, a favorite fishing hole to let the dog run, and his front porch.
Jimmy has been with the company for nearly 30 years. What he loves most is the family atmosphere and the commitment to not only being successful in the real estate business but also working for the betterment of the community.
Recent successes with investment sales transactions in the Triangle, Cary and North Raleigh including NorthChase at Midtown, 13000 & 14001 Weston Parkway, Trinity Place, and 200 Laurensfield Court. As well as assisting Campbell Law School locate to downtown Raleigh.
Appalachian State University: Business Administration
With over three decades in the commercial real estate business in Wake, Durham and surrounding counties, Ed is recognized as a consistent top performing broker with awards and deals in all property categories including industrial/flex/R&D facilities, and land. He currently leads our industrial brokerage team and is experienced and knowledgeable to handle all real estate transactions, representing landlords, sellers, as well as tenant and buyers to achieve their real estate goals.
Ed loves that it’s easy to get the NC coast and the Virginia Blue Ridge Mountains from here.
Ed has over 36 years of experience in commercial real estate. What he loves about working at NAI Tri Properties is the freedom to be entrepreneurial, the support of a full-service organization, as well as global resources to help go above and beyond in servicing his clients.
One of Ed’s most memorable projects was helping the original developer of Keystone Park when there were only trees, which is now over 2 million square feet of office, lab, flex, life science and industrial buildings.
BS Degree from the University of North Carolina at Chapel Hill and attended on a four-year football scholarship.
John Hibbits’ data-driven approach gives his clients a valuable edge in achieving returns that have changed the expectations of many for the value of real estate in the area’s Central Business District. His keen ability to analyze and understand financials helps his clients make informed decisions to meet their goals and makes him a valuable addition to our brokerage team. Over the past thirteen years, he has completed more than $250 million in real estate transactions.
A Raleigh native, John is committed to working hard and giving back to the community through his church and other non-profit work. He has served on the Board of Directors for the Triangle Commercial Association of Realtors and was selected to represent the state association in its search for its new headquarters in Downtown Raleigh.
John enjoys being in his backyard when it’s pleasant outside, on the trampoline with his kids or walking around the neighborhood with his wife.
John started his career with us, and has over 10 years of leasing and sales experience, becoming our leading specialist in downtown Raleigh commercial real estate.
He enjoys solving complex problems and using his experience to give his clients great returns, save them time and headache.
Sir Walter Raleigh was (and is) a really meaningful project to John. At first he thought it was silly for the city to try to preserve affordable housing in downtown Raleigh because efficiencies would dictate that more supply could be created in places with lower land values, but during the transaction he became really hopeful that when many wealthier people living around downtown could meet their less well-off neighbors it would broaden their perspective and make more people more generous to more causes that might alleviate and change poverty.
University of North Carolina at Chapel Hill: BA: Journalism -Advertising & marketing track with an English minor in creative writing
Joaquin has over 40 years of experience in the commercial real estate business in Wake, Durham and surrounding counties. His experience in all aspects of leasing and sale brokerage make him a valuable team member. Joaquin currently leads our retail brokerage team. He has worked with many notable clients including Airborne/DHL, US Postal Service, Fresenius Medical Care, Confederation Life Insurance, Performance Cycle, K-Mart, E.C. Barton, CompUSA, European Wax Centers and Lanco of Minnesota.
Croasdaile Country Club.
Joaquin started his commercial real estate experience in 1990 and appreciates that NAI Tri Properties is relationship driven. He find the industry rewarding with every day being different and unexpected challenges, and enjoys getting to know people on a personal basis during transactions.
Doing site selection, for over 20 years, throughout the Carolinas for E. C. Barton.
Edinboro University of Pennsylvania: Political Science
Hunt Wyche joined our brokerage team with a previous proven track record of handling the leasing for a large warehouse/flex portfolio, investment sales and owner-occupant sales. With almost two decades of experience, his knowledge of the ever-changing real estate market and vast experience representing landlords and investors has helped him to understand both sides of the transaction. He has assisted hundreds of companies from small start-ups to Fortune 500s. This wealth of experience and understanding the intricacies of our market supply and demand, has also allowed him to branch into a consulting role for multiple developments in the region.
While Hunt’s primary focus remains achieving the highest return for his investor clients, he also represents over 60 owners/landlords with over 300 tenants conducting business in the Raleigh Durham area in addition to successfully representing investors, landlords and tenants across the state and country.
DPAC. Red Hat Amphitheater. The Tobacco Trail. Durham Bulls. Pullen Park. Hunt and his family enjoy all the many parks, sports, music venues and restaurants that the Triangle has to offer.
The industry in general allows never ending intrigue as no one client or transaction is ever the same. Tri Properties allows a platform like no other firm to have success in one of the best regions in country. This platform all starts with the dynamic staff and brokerage colleagues that collectively are driven by client and personal relationships.
Appalachian State University: BA in Finance and Real Estate
Michael is very familiar with the diverse range of commercial real estate needs and has quickly expanded his market knowledge of the industry. Experienced in tenant, buyer and landlord representation of industrial and flex properties, Michael has worked throughout the Triangle and Eastern NC on multiple projects. His previous work experience with Fidelity Investments and SteelFab Inc. has given him an edge in understanding real estate investment and industrial construction.
Carter Finley Stadium. 42 Street Oyster Bar.
Michael enjoys being a part of the NAI Tri Properties team that is at the forefront of the local commercial real estate market and an integral part of the Triangle’s dynamic growth.
Michael’s most memorable project was the relocation of North Carolina DMV Headquarters to the Former Hardee’s Headquarters in Rocky Mount, NC. The project was rewarding because it breathed new life into a vacant office and industrial campus that has had a rich history and pivotal impact on Rocky Mount.
North Carolina State University
Ray is a North Carolina native and uses his extensive network to help his clients throughout the state. Ray focuses on land acquisition and disposition.
PNC Area, Twelve Oak Country Club, The Chop House
Ray joined our brokerage team in 2022
Carolina Hurricanes, Golf, Offshore fishing, any sport with a ball
Attended NC State University
“Buy land. They’re not making it anymore.” Many of our clients agree with this sentiment from Mark Twain, and we specialize in finding strategic land investments ranging from single lots to large, multi-parcel assemblages.
At NAI Tri Properties, we distinguish ourselves from our competitors with our ability to provide seasoned, professional judgment based on several decades of experience in the Triangle and Eastern North Carolina real estate market. We are skilled professional brokers who will handle all aspects of the assignment, acting as the focus for all communication and delivering to our client all possible transactions. We will provide evaluation and opinion as to the merit of all transactions. We are experienced negotiators who can guide our clients to obtain the best results, and we have the capability to handle the project from beginning to end.
We know the Triangle market inside and out and there is no one more trusted with land brokerage in the Triangle region NAI Tri Properties. That knowledge enables us to find valuable land opportunities — including “off market” deals – and assist clients until the property is sold or developed.
Whether you are buying or selling, one acre or 100 acres, our team has the expertise you need. Market research, value analysis, due diligence, deal structuring, vertical development and much more.
As a privately held company, NAI Tri Properties also has the ability to co-invest in land projects alongside our clients. We are a full-service real estate company that can identify potential buyers or find partners interested in working with us to develop the property.
Some of our select land transactions brokered by our firm include:
Tri Properties manages most of my real estate development activities - zoning, permitting, construction, leasing, property management, etc. - but the greatest value has been in the area of land acquisition and sales. They have helped me get the maximum value from land sales and ensure that projects get closed in a timely manner.Ed White, White Ventures
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