People on the Move | Robert Elder
July 15, 2024
Edgewater Ventures is pleased to announce the addition of Robert Elder as the newest Investment Associate for Edgewater Innovation. With a wealth of experience spanning four years in investment banking at Stephens Inc. and KippsDeSanto & Co., Robert brings a robust foundation in M&A, capital-raising, and financial analysis. He earned a Bachelor of Science in Commerce from the University of Virginia and an MBA from UNC Kenan-Flagler Business School with a concentration in Real Estate.
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Cushman & Wakefield has brokered the $17.5 million sale of a two-property industrial portfolio in Laurel Hill. Situated at 18300 and 18400 Fieldcrest Road, the property is within 100 miles of the Port of Wilmington and is fully leased to High Life LLC, an apparel manufacturer based in New York City.
A regional law firm has signed a renewal for its longtime headquarters in Raleigh, North Carolina.
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."
