Vijay K. Shah

Senior Vice President

Vijay K. Shah, CCIM is Senior Vice President at TradeMark Properties. Vijay has more than 24 years of commercial real estate expertise with a focus on retail leasing and investment sales. Vijay’s successful experience includes working with local retailers as well as national tenants such as:  Dollar Tree, Shoe Show, and Verizon.  Vijay has also worked with large retail landlords in both leasing and sales for Rivercrest Realty and The Alliance Companies.  His expertise includes: site evaluations, demographic and market studies, land acquisition, investment sales and disposition, as well as small shop and anchor tenant lease negotiations. Vijay also assists his clients beyond the transaction by helping them to navigate services they need such as: project management, securing construction and permanent loan financing, and negotiating joint venture opportunities. Prior to joining the TradeMark Properties team in 2013, Vijay was a Principal with Unified Commercial Real Estate, a highly respected boutique firm in Raleigh, NC that focused on retail leasing, multi-family, and land sales. From 2003 to 2010, Vijay was the Director of Leasing for Rivercrest Realty, a privately held real estate investment company with over 50 shopping centers, office buildings and multi-family projects throughout the eastern seaboard.  Vijay also worked for Advantis GVA, one of the largest independent commercial brokerage companies in the southeast for seven years heading their retail division. Vijay’s historical retail portfolio consisted of over 5.7 million square feet. With a strong background in retail services he has a proven track record with shopping center retailers and investors. In a five year period at Rivercrest, he directed the retail portfolio growth from 1 million square feet to over 3.2 million square feet. He developed a reputation for negotiating a win-win deal structure, which enhanced the ability to procure multiple lease transactions with the same tenant, as well as maintain higher than usual tenant retention. Vijay is a member of the Retail Brokers Network, a network built on members who are experts in their local markets.  He is also a Certified Commercial Investment Manager (CCIM) and served on the Board of Directors for the North Carolina Chapter of the Certified Commercial Investment Members. Vijay, a North Carolina, South Carolina and California Real Estate Broker, is also an active member of the International Council of Shopping Centers (ICSC), Asian American Hotel Owners Association (AAHOA), and the Triangle Commercial Association of Realtors (TCAR). Awards:

  • Commercial Real Estate Investment Magazine (CCIM), “Deal Makers – Big Deal”, November 2006
  • The Deal Makers Magazine, “Rivercrest sets its sites …”, March 2006
  • Triangle Business Journal, “Quietly, Raleigh investors purchase $80M”, September 2003
  • Southeast Real Estate Business Magazine, “Southeast Roundtable Spotlights …”, October 2001
  • Southeast Real Estate Business Magazine, “Raleigh-Durham Retail Market”, October 2000
  • Triangle Business Journal REDY Award – Largest Retail Lease January 1999
  • Advantis GVA President’s Award 1998 – Top 10 out of 200 Company-wide Brokers
  • Triangle Business Journal REDY Award – Sales Transaction

Vijay earned his Bachelor of Arts degree in Economics from The University of North Carolina at Chapel Hill. He remains active in fundraising efforts for Relay For Life (American Cancer Society), Beach Ball (UNC Lineberger Comprehensive Cancer Center) as well as Victory Junction in Randleman, NC. He lives in Chapel Hill, NC with his wife and two children. Credit Application Buyer Rep & WWREA Form Tenant Rep & WWREA Form

W. Morgan St. | N. Mangum St. | Rigsbee Ave., Durham, NC 27701

DOWNTOWN DURHAM RETAIL SPACE FOR LEASE

W. Morgan St. | N. Mangum St. | Rigsbee Ave., Durham, NC 27701
  • 15,050 SF of street front retail bordering Mangum St., Morgan St., and Rigsbee Ave.
  • Parking deck will house 5,324 SF for the City of Durham Parking Administration
  • The mixed-use project will consist of 667 parking spaces atop premiere street front retail
  • Allocated retail parking will be available for hourly or monthly rates
  • Flexible floor plans that can be demised
  • Significant outdoor seating opportunities available
  • The building’s exterior will feature artwork from local artists selected by the community
  • Grade change allows for ceiling heights with the ability to accommodate a mezzanine level in select spaces
  • Shared grease trap on-site
Download Flyer

18 Seaboard Avenue, Raleigh, NC 27604

90,454 SF | Retail Center For Lease

18 Seaboard Avenue, Raleigh, NC 27604
  • 90,454 SF neighborhood retail center
  • Future development mixed-use
  • Adjacent to William Peace University, which is a historically significant icon in Downtown Raleigh
  • William Peace University and The Shops at Seaboard Station together provide a synergistic opportunity for a master planned live, work, play
Download Flyer

616 Salisbury Street, Raleigh, NC 27601

Downtown Raleigh Retail Space For Lease

616 Salisbury Street, Raleigh, NC 27601
  • Street front retail restaurant space with ample outdoor and patio seating available adjacent to Marriott Residence Inn
  • On-site hourly parking deck and surface parking with the option for valet service
  • Ceiling clear height approximately 16’
  • Highly successful hotel with chic roof top bar and terrace
  • Well positioned in the heart of Raleigh’s cultural arts and entertainment scene

  • Major attractions surrounding the property include the Raleigh Convention Center, Duke Energy Center for the Performing Arts and Red Hat Amphitheater with over one million visitors each year

Download Flyer

2520 Hodge Road, Knightdale, NC 27545

FAMILY DOLLAR INVESTMENT SALE

2520 Hodge Road, Knightdale, NC 27545
  • Constructed with an all brick facade, situated on a 1.93 acres
  • Located in the Knightdale submarket of Raleigh at the signalized intersection of Hodge Road and Poole Road
  • Conveniently located near the future projected interchange of I-540, currently let and in design build stage
  • In close proximity to Hwy 64 Bypass/I-495/I-87 which has an interchange at Hodge Road and meets the current eastern terminus of I-540
  • The site is surrounded by future growth, with over 900 homes approved for construction by the Town of Knightdale
  • A related entity owns the surrounding 46 acres also currently being offered for sale for future development
  • The subject property is part of an overall master plan, that will have some continual obligation towards the project’s common area maintenance/improvements
Download Flyer

836 E. Chatham Street, Cary, NC 27511

Chatham Village

836 E. Chatham Street, Cary, NC 27511
  • Chatham Village consists of one existing retail multi-tenant building available for lease
  •  Located at the intersection of Maynard Road and E. Chatham Street, with direct access from E. Chatham St. with left in/left out access
  •  Currently in cold dark shell condition
  •  2,000 gallon grease trap (Approx. 400 gallons remaining)
  •  Ample parking with ratio of five spaces per 1,000 SF
  • Tenant improvement allowance negotiable
  • Major developments surrounding the property including Wegman’s grocery store, Boutique Theater, more than 900 luxury residences, two boutique hotels, and mixed-use development, Fenton by Columbia Development, to include up to 1,200,000 SF of office
Download Flyer

306 W. Franklin Street, Chapel Hill, NC 27516

Downtown Chapel Hill Retail Space For Lease

306 W. Franklin Street, Chapel Hill, NC 27516
  • Two 2nd generation restaurant spaces available
  • Located in the heart of Downtown Chapel Hill and walking distance to UNC campus
  • Surrounded by national and local retailers, hotels, student housing, and new mixed-use developments
  • Across the street from the new Target anchored Carolina Square mixed-use project
  • Free on-site surface parking lot
Download Flyer

W. Market Street & Muirs Chapel Road, Greensboro, NC 27410

0.74 acres | Commercial Land For Ground Lease | Rate Negotiable

W. Market Street & Muirs Chapel Road, Greensboro, NC 27410
  • 0.74 acre lot
  • Located at the intersection of West Market St. and Muirs Chapel Road
  • Superb visibility on one of Greensboro’s busiest retail corridors
  • Nearby retailers include Harris Teeter, Planet Fitness, Walgreens, and Food Lion
  • Pylon signage available
  • Can support a 6,400 SF retail building
  • Ideal site for fast food restaurants, auto parts store, and various other retail uses
  • Ground lease rate: Negotiable
Download Flyer

W. Morgan St. | N. Mangum St. | Rigsbee Ave., Durham, NC 27701

DOWNTOWN DURHAM RETAIL SPACE FOR LEASE

W. Morgan St. | N. Mangum St. | Rigsbee Ave., Durham, NC 27701
  • 15,050 SF of street front retail bordering Mangum St., Morgan St., and Rigsbee Ave.
  • Parking deck will house 5,324 SF for the City of Durham Parking Administration
  • The mixed-use project will consist of 667 parking spaces atop premiere street front retail
  • Allocated retail parking will be available for hourly or monthly rates
  • Flexible floor plans that can be demised
  • Significant outdoor seating opportunities available
  • The building’s exterior will feature artwork from local artists selected by the community
  • Grade change allows for ceiling heights with the ability to accommodate a mezzanine level in select spaces
  • Shared grease trap on-site
Download Flyer

18 Seaboard Avenue, Raleigh, NC 27604

90,454 SF | Retail Center For Lease

18 Seaboard Avenue, Raleigh, NC 27604
  • 90,454 SF neighborhood retail center
  • Future development mixed-use
  • Adjacent to William Peace University, which is a historically significant icon in Downtown Raleigh
  • William Peace University and The Shops at Seaboard Station together provide a synergistic opportunity for a master planned live, work, play
Download Flyer

616 Salisbury Street, Raleigh, NC 27601

Downtown Raleigh Retail Space For Lease

616 Salisbury Street, Raleigh, NC 27601
  • Street front retail restaurant space with ample outdoor and patio seating available adjacent to Marriott Residence Inn
  • On-site hourly parking deck and surface parking with the option for valet service
  • Ceiling clear height approximately 16’
  • Highly successful hotel with chic roof top bar and terrace
  • Well positioned in the heart of Raleigh’s cultural arts and entertainment scene

  • Major attractions surrounding the property include the Raleigh Convention Center, Duke Energy Center for the Performing Arts and Red Hat Amphitheater with over one million visitors each year

Download Flyer

2520 Hodge Road, Knightdale, NC 27545

FAMILY DOLLAR INVESTMENT SALE

2520 Hodge Road, Knightdale, NC 27545
  • Constructed with an all brick facade, situated on a 1.93 acres
  • Located in the Knightdale submarket of Raleigh at the signalized intersection of Hodge Road and Poole Road
  • Conveniently located near the future projected interchange of I-540, currently let and in design build stage
  • In close proximity to Hwy 64 Bypass/I-495/I-87 which has an interchange at Hodge Road and meets the current eastern terminus of I-540
  • The site is surrounded by future growth, with over 900 homes approved for construction by the Town of Knightdale
  • A related entity owns the surrounding 46 acres also currently being offered for sale for future development
  • The subject property is part of an overall master plan, that will have some continual obligation towards the project’s common area maintenance/improvements
Download Flyer

836 E. Chatham Street, Cary, NC 27511

Chatham Village

836 E. Chatham Street, Cary, NC 27511
  • Chatham Village consists of one existing retail multi-tenant building available for lease
  •  Located at the intersection of Maynard Road and E. Chatham Street, with direct access from E. Chatham St. with left in/left out access
  •  Currently in cold dark shell condition
  •  2,000 gallon grease trap (Approx. 400 gallons remaining)
  •  Ample parking with ratio of five spaces per 1,000 SF
  • Tenant improvement allowance negotiable
  • Major developments surrounding the property including Wegman’s grocery store, Boutique Theater, more than 900 luxury residences, two boutique hotels, and mixed-use development, Fenton by Columbia Development, to include up to 1,200,000 SF of office
Download Flyer

306 W. Franklin Street, Chapel Hill, NC 27516

Downtown Chapel Hill Retail Space For Lease

306 W. Franklin Street, Chapel Hill, NC 27516
  • Two 2nd generation restaurant spaces available
  • Located in the heart of Downtown Chapel Hill and walking distance to UNC campus
  • Surrounded by national and local retailers, hotels, student housing, and new mixed-use developments
  • Across the street from the new Target anchored Carolina Square mixed-use project
  • Free on-site surface parking lot
Download Flyer

W. Market Street & Muirs Chapel Road, Greensboro, NC 27410

0.74 acres | Commercial Land For Ground Lease | Rate Negotiable

W. Market Street & Muirs Chapel Road, Greensboro, NC 27410
  • 0.74 acre lot
  • Located at the intersection of West Market St. and Muirs Chapel Road
  • Superb visibility on one of Greensboro’s busiest retail corridors
  • Nearby retailers include Harris Teeter, Planet Fitness, Walgreens, and Food Lion
  • Pylon signage available
  • Can support a 6,400 SF retail building
  • Ideal site for fast food restaurants, auto parts store, and various other retail uses
  • Ground lease rate: Negotiable
Download Flyer

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