Development
Greg is one of a few professionals accomplished in every discipline of the commercial real estate industry. He has been president of Tri Properties since 1994 and provides strategic vision and direction to the company.
Greg has played an instrumental role in the commercial real estate market around the Research Triangle Park. He has developed more than 4.5 million square feet of office, industrial and retail space, including the Imperial Center. One of the largest mixed-used business parks in the Southeast, Imperial Center has been named the region’s “Top Development Project” three times (1995, 2000, 2007). Within Imperial Center, he developed Quintiles Plaza – an award-winning property that has become one of the landmark buildings in the Triangle.
Dean Dome.
Tri Properties has been fortunate to “grow up” as a company with the dynamic, diverse business and economic growth of the Raleigh/Durham area.
Greg was the driving force behind the development of Imperial Center, one of the largest mixed-use business parks in the Southeast.
The Tri Properties team has received dozens of prestigious real estate awards for its work in the Triangle market. Greg has been recognized for his lifetime achievements with several notable awards, including:
Greg graciously supports many community organizations throughout the Triangle and beyond. He is an active supporter of the University of North Carolina and has endowed four swimming scholarships through the Ram’s Club. He serves on multiple university and community boards:
A varsity swimmer at UNC, Greg has competed in swimming competitions and triathlons throughout his life. His accomplishments include competing in the Ironman World Championships in Kona, Hawaii and setting a world record in the 400 Medley Relay in U.S. Masters Swimming in 2018. He continues to compete in U.S. Master’s Swimming at the highest levels and has been recognized as an All-American and national champion.
University of North Carolina at Chapel Hill: Industrial Relations
Jim has been involved in the design, development and construction of major business parks and commercial facilities throughout the Southeast United States over the past three decades. He is responsible for the overall development and buildout of Imperial Center for Principal Financial Group. In addition, Jim continues to develop build-to-suit developments throughout North Carolina – the Palladian Corporate Center along I-40 in Durham is one recent example.
During his distinguished career, Jim has financed, developed and built more than eight million square feet of commercial space. That includes the development of nine business parks in joint venture with major US life insurance companies.
Villanova University: Marketing
During his career, Rob has developed more than 500,000 SF of office, retail and industrial assets and has been involved in over 1,500 acres of land and investment sales totaling over $132 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
Matt is an experienced construction manager who understands all aspects of the construction process. From start to finish, he has the expertise to complete high quality construction projects on time and on budget.
Matt’s diverse background – having served as a superintendent for a construction company and a preconstruction and project manager for a large, publicly-traded REIT with a portfolio of 5.5 million square feet – gives him an in-depth understanding of the challenges and needs facing Tri Properties clients.
Matt oversees every phase of our construction projects – from pre-construction, negotiation and execution of subcontract agreements to scheduling and billing. He has successfully completed a wide range of office, lab and industrial projects for clients such as AICPA, IQVIA, PPD, Fidelity Investments, BB&T, FirstHealth, Duke Health, Emerge Ortho, and Northwood Investors.
Carter Finley Stadium. Falls Lake.
Matt enjoys working with the wonderful team at Tri Properties to take projects from a mere idea to completion. He previously worked at Duke Realty Corporation.
Two projects stand out: Quintiles Plaza and Duke PDC at Crooked Creek. The Quintiles project had an extremely tight timeframe that placed a premium on effective decision making throughout the construction process. The Duke PDC project required the construction team to overcome several challenges to successfully add an additional story and a new elevator to a building already under construction.
North Carolina State University: Construction Engineering and Management (Cum Laude)
Randy is an experienced construction professional who understands all aspects of the commercial construction and development process. With over 18 years in the industry he has a track record of successful on-time completion of projects while controlling costs for owners. Randy’s acumen for all aspects of the trade and being able to plan ahead make him a valuable addition to our construction leadership team.
Randy currently oversees several warehouse fit-ups, and redevelopment of an old mattress store into retail and restaurants. He has worked on retail, institutional, office, and industrial project for clients such as Northwood Retail, Edgewater Ventures, and Principal.
Umstead Park trails
What I love about Tri Properties is the great leadership, teamwork and commitment to excellence.
• Licensed North Carolina General Contractor
• National Industrial and Office Properties (NAIOP)
Habitat for Humanity
University of North Carolina at Chapel Hill
Matt works with the investment sales team to assist clients through acquisitions and dispositions of all property types, including office, retail, industrial, flex, life science, and land properties. Matt assists through the entire transaction process, from initial property selection through the closing of each deal.
Matt also is integral in supporting the development team by providing comprehensive analysis of potential developments, and project management for current developments. His strong analytical background is an asset to every facet of the development process and decision-making, from initial site selection and underwriting, to leasing, financing, construction management, all the way through to asset stabilization.
Sir Walter Coffee. Dorothea Dix Park. Kenan Stadium.
Matt joined our team in 2020 after working as an intern for three years while attending college.
Assisting a client through the simultaneous acquisition of 4 properties in order to satisfy a single 1031 exchange. This project was particularly challenging, but it was immensely rewarding to help the client achieve their investment goals.
Matt’s interests include hiking, traveling, and playing tennis.
University of North Carolina at Chapel Hill: Economics
The Triangle market bears the footprint of Tri Properties. Our team has developed more than five million square feet of commercial space in the Triangle, making us one of the region’s most prolific third-party developers.
Companies from GSK and IQVIA (formerly Quintiles) to institutional clients such as Principal Real Estate Investors and Northwestern Mutual have trusted Tri Properties to develop real estate projects ranging in size from 6,000 SF to 450,000 SF. From site acquisition through project completion, each project is methodically planned and professionally implemented. The result: high quality projects that are delivered on time and within budget.
We are proud of our history of achievement. Our financial acumen and quality of work has earned Tri Properties the confidence and trust of the Triangle’s most notable lenders, investors and property owners. And we are continually striving to raise the bar ever higher.
The team at Tri Properties is an invaluable partner and resource for our company with regard to our real estate portfolio. Their unmatched real estate acumen in the Triangle has served us well as we have grown our business into the RTP market. The award-winning Page Road Grill restaurant is truly a point of pride for us and we appreciate Tri Properties' tremendous efforts developing this project and assisting us in exploring new locations and concepts.Pete Dorrance, Chapel Hill Restaurant Group
After acquiring a significant amount of land for investment purposes, I wanted to establish a long-term relationship with a development partner. After meeting with major real estate development companies across the Triangle, I chose Greg Sanchez. Tri Properties has been key to managing and maximizing my investments in real estate ever since.Ed White, White Ventures
Tri Properties led a comprehensive, 18-month renovation of this 170,000 SF office complex in Midtown Raleigh. Originally built in 1985, Northchase at Midtown was transformed from decrepit, vacant office buildings into a modern Class A space that is now 100% leased.
Tri Properties led the development of the Imperial Center, one of the largest and most successful commercial mixed-use business parks in the Southeast. The award-winning project comprises over 4.4 million SF of office, warehouse, flex and retail space spread across 456 acres.
The 151,000 SF office building is Tri Properties most recent development project and raised the bar for the Triangle's Class A office standard. The project is the first in the Carolina's to utilize VIEW Dynamic Glass technology which changes tint in response to sunlight and time of day, completely eliminating the need for mini blinds.
Tri Properties developed this corporate headquarters complex for Quintiles, now IQVIA, in partnership with Principal Financial Group. The 10-story, 252,000 SF space at Imperial Center was named the Triangle's "Best New Development" by TCREW in 2009.
This award-winning 120,000 SF office building, completed in 2007, was the 15th office building constructed at Imperial Center. It was named "Top Development of the Year" by Triangle Business Journal for its elegance, attention to detail, and cutting-edge design.
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