2Q 2021 Market Report

September 9th, 2021

Our 2Q 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…

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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

[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 Durham headquarters.[/caption] Long-term Durham company returns to the office in new space, supporting hybrid model, connections to the greater…

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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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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…

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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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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…

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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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