Posts Categorized: Properties

Paradigm Park Near RTP Sells

August 4th, 2022

NAI Tri Properties today announced the sale of Paradigm Park, two four-story office buildings totaling 151,464 square feet. The buildings are prominently located adjacent to Research Triangle Park on NC 54, south of I-40. Investor JPB Raleigh Holdings purchased the properties totaling $11.5 million on 14.82 acres. Buyer JPB Raleigh Holdings, in partnership with NAI…

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Wigeon Capital Continues to Capitalize on Industrial Market Boom

August 10th, 2021

NAI Tri Properties announced today the sale of yet another flex building newly developed by Wigeon Capital. 105 Sigma Drive, a 26,702 SF flex building on 2.76 acres in Garner, North Carolina was purchased by Full House Holdings, LLC for $4,272,320. This is the second turnkey project in Wigeon Capital’s ongoing portfolio to sell during…

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Education Technology Company MetaMetrics Moves Headquarters to Golden Belt

July 20th, 2021

Long-term Durham company returns to the office in new space, supporting hybrid model, connections to the greater business community [caption id="attachment_1437" align="alignright" width="205"] The MetaMetrics leadership team – Alistair Van Moere, Tim Klasson, Todd Sandvik and Malbert Smith – takes time out during its move to Golden Belt for a photo outside of its new…

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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…

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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…

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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…

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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…

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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.…

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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…

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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…

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