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28th Annual Triangle Commercial Real Estate Conference
2013 NAI Carolantic Report
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The 29th Annual Triangle Commercial Real Estate Conference
Plans are underway for NAI Carolantic's 29th Annual Triangle Commercial Real Estate Conference to be held January 15, 2014 at Raleigh's PNC Arena. This invitation only event attracts over 1,600 business and community leaders to hear our President, Jimmy Barnes, SIOR provide a detailed analysis and forecast of the Triangle region's commercial real estate market. NAI Global's economist, Dr. Peter Linneman will be back with us to give his insights into the state of the national and international economy. Special thanks to our Corporate Sponsors: Bobbitt Design Build, celito.net, Dixon Hughes Goodman LLP, JDavis Architects PLLC, Manning Fulton & Skinner, P.A., TriSure, Tryon Title, Wells Fargo and Withers & Ravenel Inc.
Save the Date
New Broker Joins NAI Carolantic Realty
NAI Carolantic Realty is pleased to welcome Hunt Wyche who has recently joined the firm as a Broker. "We are pleased to have Hunt join our brokerage team. He has a proven ten-year track record of handling warehouse/flex leasing, owner-occupant sales and investment sales. He has a passion for helping his clients be successful," said Steve Stroud, SIOR, Chairman of NAI Carolantic. Mr. Wyche has won numerous awards from the Triangle Commercial Association of Realtors (TCAR) to include being inducted as a Lifetime Member of the Million Dollar Leasing Club. He has also served for two years on the TCAR Executive Board Committee. Prior to joining NAI Carolantic, Mr. Wyche was Vice President of Brokerage and Sales for Commercial Associates, Inc.
A Raleigh native, Mr. Wyche completed a degree in Real Estate and Finance from Appalachian State University in Boone, NC. He is involved with a number of area chambers and a variety of local charities.
Developer of 751 South Retains NAI Carolantic Realty
NAI Carolantic Realty has been retained by Southern Durham Development to exclusively handle the marketing of its new development known as 751 South. This 167-acre regional, mixed-use development is located in southern Durham County at the intersection of NC Hwy. 751 and Fayetteville Road. The project, less than two miles from the Streets at Southpoint, will feature 300,000 square feet of Class A office space, up to 1,300 residential units, a fire station site and new sheriff's substation, along with an elementary school. It will also include a 300,000 square foot retail component anchored by a high quality grocer and mix of restaurants and retailers.
"We assembled an internationally-renowned team of urban planners and designers with the goal of creating a very livable, sustainable development that would attract national attention. The commercial core of 751 South is designed to accentuate a live, work and play community with retail that can stand on its own. We are confident the team at NAI Carolantic Realty will provide the necessary real estate expertise to see this development through its various phases." said Alex Mitchell with Southern Durham Development.
To learn more about 751 South, visit their website at www.751south.com and call Kyle Greer, Moss Withers, or Robin Anders, SIOR, Brokers at NAI Carolantic Realty, 919-832-0594.
NAI Carolantic's 2013 Commercial Real Estate
NAI Carolantic's 2013 Commercial Real Estate Conference App for iPad® and iPhone® is now available on the App StoreSM.
Second Quarter 2013, The Linneman Letter: Dealing with the Budget Deficit
In our continuing effort to keep our clients informed of the latest market conditions, we are providing the Second Quarter 2013 condensed Linneman Letter. As you may know, The Linneman Letter is a report written by our NAI Global Economist, Dr. Peter Linneman formerly at the Wharton School of Business, the University of Pennsylvania. Click here for a copy of the Letter. (Back issues of The Linneman Letter can be found under Market Research.) Please let us know if we can be of service to you.
6th Annual NAI Global Regional Meeting
Last week, NAI Carolantic Realty hosted the 6th Annual NAI Global Regional meeting for NAI firms in North Carolina, South Carolina and Virginia. Over 100 professionals attended the event to include the NAI Global President, Jay Olshonsky.
Linneman Letter: Solving the Budget Deficit
In our continuing effort to keep our clients informed of the latest market conditions and how it could impact your business decisions, we are providing the First Quarter 2013 condensed Linneman Letter. As you know, The Linneman Letter is a report written by our NAI Global Economist, Dr. Peter Linneman formerly at the Wharton School of Business, the University of Pennsylvania. You can find the report by clicking on this link.
NAI Global Honors Steve Stroud, Jimmy Barnes and Jim Adams of NAI Carolantic Realty with Top Producer Awards
NAI Global, the world's premier network of commercial real estate brokerage firms and one of the largest real estate service providers worldwide, recognized Steve Stroud, SIOR, Chairman of NAI Carolantic, Jimmy Barnes, SIOR, President of NAI Carolantic and Broker, Jim Adams, as Top Producers for performance in 2012.
Stroud, Barnes and Adams were recognized as individuals in a major market who generated the most business as measured by commission and fees to the entire NAI Global enterprise. The awards were presented in a ceremony at the NAI Global 2013 Convention in Las Vegas. Based in Princeton, New Jersey, NAI Global manages a network of 5,000 professionals and 350 offices in 55 countries. NAI professionals complete over $45 billion in transactions annually.
Steve Stroud, SIOR Named to TBJ's 100 Most Influential Business Leaders
NAI Carolantic founder and Chairman, Steve Stroud, SIOR was named as one of the Triangle Business Journal's 100 Most Influential Business Leaders. Selected by TBJ editors, the list includes people in business, education, philanthropy and government. They were selected for making an unparalleled contribution in forwarding the collective goal of being one of the best places in the country to live, work and play. As stated by Editor Sougata Mukerjee, the list included individuals they believed would continue to make a substantial contribution in the coming years.
"I am deeply honored to be given this recognition by the Triangle Business Journal Editors. We are very fortunate to live in the Triangle region and I am optimistic that this community will continue to grow and thrive as people commit to taking the time to give back. I believe we all want the next generation to reap the rewards of our hard work and dedication," said Stroud.
NAI Carolantic Realty forms Strategic Partnership with Alliance Commercial Property Management Co.
NAI Carolantic Realty has announced the formation of a strategic partnership with Alliance Commercial Property Management Company headquartered in Greensboro, NC. Effective immediately, NAI Carolantic's property management operations will be merged with Alliance who also handles property management for NAI Piedmont Triad in Greensboro. Alliance currently manages over 2.5 million square feet of office and retail space, including 25 retail properties in North and South Carolina.
"This partnership allows us to strengthen our commercial property management capabilities, expanding our business throughout the region," said Steve Stroud, Chairman of NAI Carolantic Realty. Operating Manager of Alliance Commercial Property Management, Jimmy Black noted the opportunity provides a dynamic platform from which to continue to grow and expand in the Southeast. Bryant Stoneham, CPA, currently CFO for NAI Carolantic will now also become the Chief Financial Officer of the management company. Linda Davenport, RPA, a Senior Property Manager with NAI Carolantic for over 25 years, will become part of the Alliance property management team which has seasoned professionals with combined experience of over 120 years.
Be sure to visit the new website: www.assetresolutiongroup.com for a list of available REO properties for sale in the Southeast US. For additional information, please email us at firstname.lastname@example.org
Celebrating over 40 years of commercial real estate leadership in the Triangle and across North Carolina.
Prospect Activity Report
NAI Carolantic is the only commercial real estate brokerage firm to track prospect activity in our Region.
Click here to download the latest trends of companies looking for space.
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