OFFICE + LIFE SCIENCE
Edgewater Innovation is the office and life science platform within the larger Edgewater Ventures group, a Raleigh-Based commercial real estate investment, and development firm. With several existing assets and development sites under control, Edgewater Innovation will continue to grow our existing footprint by harnessing local market knowledge and lab/life science expertise.
ACTIVE PROJECTS
PAST PROJECTS
Tim Skender, principal at Edgewater, said the acquisition was a good opportunity in a submarket that is thriving. "We’re big believers in lifestyle office or neighborhood office," he said. "1800 Central is well-located, in a dynamic, growing (submarket) where the neighborhood is the amenity for the people who office there. There’s a lot of momentum in Plaza, broadly speaking."
A joint venture between Edgewater Ventures and Northridge Capital acquiredLandmark at North Hills, a two-building complex at 4601 Six Forks Road, for $21.3million, according to Wake County deed records. The property’s assessed value is about$33.8 million.
Edgewater Ventures is pleased to announce the addition of Robert Elder as the newest Investment Associate for Edgewater Innovation.
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.
A burgeoning real estate investment group has made its first purchase in Raleigh by buying a historic office building in the heart of downtown. On Tuesday, Raleigh-based Edgewater Ventures closed on the $5.45 million purchase of 111 W. Hargett St. – known as the Martin building – and the firm is on the hunt for new tenants to fill the space.
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