Edgewater Ventures acquires 32,000 SF building in Downtown Raleigh
Jan 22, 2021
// WRAL Tech Wire
RALEIGH –
CBRE|Raleigh is pleased to announce the sale 111 West Hargett Street in Raleigh to Edgewater Ventures. CBRE|Raleigh’s Jimmy Poole and Ben Kilgore represented the seller, WhiteStar Advisors, in the transaction.
111 W Hargett Street [known as the Martin Building] is an approximately 32,000 square foot creative office building in downtown Raleigh. Built in 1951 and renovated in 2018, the building is currently vacant and in move-in ready condition with a rooftop patio. The site is considered a walker’s paradise located in heart of Downtown Raleigh with a walkscore of 96, surrounded by numerous restaurants and a block from Nash Square.
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Edgewater Ventures is proud to welcome David Sloan to the team. Sloan is an Investment Associate on Edgewater's ABODE Communities team.
A multifamily community with hundreds of apartments and the community’s first build-for-rent homes are coming to Wendell Falls. The development partners closed on two deals — one with Chaucer Creek Capital LLC for the multifamily portion and one with Abode Communities of Edgewater Ventures for the build-for-rent portion.
Edgewater Ventures has converted an office building into a warehouse on 23rd Street in Wilmington. The 110,134 square foot building is now fully occupied after the developer signed leases for all 57,940 square feet of available space at 1519 N. 23rd Street.
