Market News: 2021

Last Friday, the company closed on a $17.5 million sale of the Beta Center office complex, featuring 150,000 square feet of Class B office space across a couple of 3- and 4-story buildings off Glenwood Ave. in northwest Raleigh. The company is also planning to spend millions on improvements to the property and is rebranding the campus with a new name and logo. The details have yet to be announced. “We continue to be bullish… READ MORE

Alpaca Peruvian Charcoal Chicken is expanding to 6000 Village Park Dr. in Knightdale and is set to open in early 2022. Alpaca worked with TradeMark Properties to lease part of the recently built three-tenant retail property off U.S. 64 Business/Knightdale Boulevard. The nearly 4,000-square-foot restaurant will be the company’s biggest and has been in the works for about a year, said Ruby Bakhshi, a managing partner. The Knightdale spot will be Alpaca’s 10th location. For… READ MORE

TradeMark Properties is pleased to have represented Durham County in its recent lease transaction that will bring a unique, eclectic sports bar & grill to downtown Durham. Tipsy Bull will be located in 3,057 square feet of street level retail space at 201 East Main Street in the Durham County Administration II Building. TradeMark Senior Vice President Vijay K. Shah, CCIM represented the landlord in leasing the space to Restaurant / Sports Bar owners John… READ MORE

NEWS RELEASE TradeMark Properties’ Dan McCloy Aids West Coast Investor in Raleigh Acquisition The investor purchased a pair of industrial properties in Raleigh and Cary. The Raleigh property is a 52,800 square foot flex warehouse. The Cary building features 7,008 square feet of flex space. This deal is part of a trend of increased investment in the Triangle market from out-of-state buyers. To read more about the deal, see the Triangle Business Journal article.

NEWS RELEASE TradeMark Properties Brokers Deal to Help Longtime Raleigh Business GrowGarage Door Distributor Signs 10-Year Lease for Industrial Warehouse Raleigh, NC, January 13, 2021 – TradeMark Properties is proud to have recently played a role in helping a longtime Raleigh business expand and grow. TradeMark Executive Vice President, Asian Investor Services Maggie Quan, PhD, CCIM represented On-Trak Garage Door Distribution LLC in the deal. The company signed a 10-year lease for 35,000 square feet… READ MORE