San Francisco-based Stockbridge Real Estate and Raleigh-based Edgewater Ventures purchase 10900 World Trade
Jul 07, 2021
// Triangle Business Journal
RALEIGH – A California investor snagged a Raleigh industrial complex last week, joining a frenzy of demand for industrial space in recent months.
On Wednesday, San Francisco-based Stockbridge Real Estate and Raleigh-based Edgewater Ventures paid $13.6 million for an industrial complex at 10900 World Trade Center Drive in Morrisville.
The property is situated on 13.7 acres amid a collection of industrial properties just north of the I-540 interchange with Aviation Parkway.
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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.
