People on the Move | Tim Skender
August 30, 2023
Edgewater Ventures is excited to welcome Tim Skender to the Edgewater Ventures team, where he will serve as a Principal of Edgewater Innovation. Tim will work alongside Scot Humphrey to expand Edgewater's investments in office, life science, advanced-manufacturing, and flex properties. Tim was formally at King Street Properties, a Boston-based firm specializing in life-science investments. Tim's experience also includes stints at Rubenstein Partners, Spear Street Capital, Starwood Capital, and Harvard Management Co.
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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."
