NAI Carolantic's 2013 Commercial Real Estate
Conference App

NAI Carolantic's 2013 Commercial Real Estate Conference App for iPad^® and iPhone^® is now available on the App Store^SM.

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.

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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.

Steve Stroud

Jimmy Barnes

Jim Adams

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.

NAI Carolantic Realty Hosted Members of the Wake County Legislative Delegation & ASU Leadership Volunteers from the Triangle

Dr. Ken Peacock ASU Chancellor	Dr. Ken Peacock & Mayor Nancy McFarlane
Dr. Ken Peacock & Jimmy Barnes	Tom Ross President of UNC Systems

National Association of Realtors recognizes James M. Barnes, SIOR, as a 2012 National Commercial Award Winner

Jimmy Barnes, SIOR

The National Association of Realtors recently recognized Jimmy Barnes, SIOR, President of NAI Carolantic as one of 41 Commercial Brokers in the US to win a 2012 National Commercial Award. This award was given for their excellence in the commercial real estate industry over the past year. Mr. Barnes had been named the 2011 Commercial Realtor of the year at the 2012 Triangle Commercial Association of Realtor's Annual Frontier Awards. It is the highest honor given by the association and indicates the recipient has the highest principles, dedication to the Code of Ethics of the Association and most importantly, has the principals of good real estate practice. This person must also have served the association, have business accomplishments in the industry that include good business conduct, service to clients and creativity in marketing properties.

NAI Carolantic Realty Reports Continued Upward Growth

At last year's Conference, NAI Carolantic predicted that 2012 would be another year of positive absorption and rental rates would hit bottom. We were correct once again and reported declining vacancy in all product types with the exception of two geographic submarkets. "Overall the commercial real estate market is performing well with continued room for upward growth," said Jimmy Barnes, SIOR, President of NAI Carolantic. That was the message to more than 1,700 business and community leaders who gathered at Raleigh's PNC Arena Tuesday, January 15th for the 28th Annual Triangle Commercial Real Estate Conference hosted by NAI Carolantic Realty. The Conference is considered the authoritative "state of the market" report on the Triangle's real estate sector and health of the region's overall economy.


James M. Barnes, SIOR, President

In keeping with NAI Carolantic's theme, Transformed by Technology, Steve Stroud, SIOR, Chairman of NAI Carolantic, welcomed attendees and asked everyone to scan a QR code on their program to answer five, business-related questions. The questions included what keeps you up at night, and what issue should be addressed first by Governor McCrory. The results were shown less than 30 minutes later.

Governor McCrory Spoke at the NAI Carolantic Conference

Stroud said when NAI Carolantic held its first Conference 28 years ago, reliable property and market information was difficult to acquire. "We made a decision to share our information with the public and local officials to enable them to make informed decisions. Today, despite living in a technology-driven era, we stay focused on the fact that real estate is still a local, relationship business."

Conference Sponsors & Guests Meet Governor-Elect Pat McCrory

NAI Carolantic was proud to have Governor-Elect Pat McCrory attend a private, informal breakfast to meet a few of our Conference Sponsors and invited guests. Approximately 35 people, including NAI Carolantic brokers attended the event held at our office on December 5th.

Third Quarter 2012, The Linneman Letter: Flawed Theories and No Leadership

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 Third Quarter 2012 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.

Click here for the report.

(Back issues of The Linneman Letter can also be found by clicking here.)

NAI Carolantic Broker Receives "Movers & Shakers" Award

Scott Hadley

NAI Carolantic Realty is pleased to congratulate Scott Hadley on winning an award at the 9th Annual 2012 Movers & Shakers event presented by Business Leader Media. Mr. Hadley was among 20+ recipients of the award presented in recognition of their unwavering dedication to their community and excellence in leadership in the Triangle. The celebration was held October 23rd at Brier Creek Country Club in Raleigh.

"Scott is a tremendous asset to our company and we are very proud of his accomplishments. His work ethic and professionalism are appreciated by his clients, and he is highly regarded among other commercial real estate professionals in North Carolina," said Steve Stroud, SIOR, Chairman of NAI Carolantic.

Winners were chosen from hundreds of nominations and were either rising leaders within their companies or C-level executives leading rising companies. The award ceremony highlighted the achievements of the winners as well as provided significant time for all attendees to network with each other and the winners.

Steve Stroud, SIOR Named to TBJ's 100 Most Influential Business Leaders

Steve Stroud

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 Broker Appointed to Tacquire Board

Joaquin Canals

Tacquire (TEE'-ә-kwīr') has recently announced its 2012-2013 board of directors. The company serves a 14-county area, including the Triangle. Formed in 2010 by TCAR, the Triangle Commercial Association of REALTORS, Tacquire includes a commercial information exchange that tracks office, industrial, retail and specialty space available for lease across the Triangle region, as well as buildings and land being marketed for sale.

Moss Withers

Newly appointed to the Board is Joaquin Canals, a NAI Carolantic broker with over 32 years of experience. Mr. Canals will serve through June 30, 2013. Moss Withers, also a broker with the firm was re-elected to serve another year on the Tacquire Board.

"We are very supportive of the Triangle Commercial Association of Realtors and are proud to have two of our brokers serving on the Tacquire Board. They are both very knowledgeable about the Triangle commercial real estate market, and I know they will make a significant contribution to the company," said Steve Stroud, SIOR, Chairman of NAI Carolantic.

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.

Attention Investors:

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 questions@naicarolantic.com

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.

Featured Properties:



For Sale:
Office Building
4901 Leigh Drive
Raleigh, NC



For Lease:
Flex/Office/Warehouse Space
Tillery Place
Old Louisburg Rd. & Tillery Place
Raleigh, NC