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.