Market Info

TradeMark Properties Facilitates Sale of Raleigh’s Historic Gables Motel Lodge

Raleigh, NC, February 19, 2019 – TradeMark Properties is once again helping an iconic Raleigh property transition to the future. TradeMark Vice President Sandra Simpson represented the owner in the sale of the historic Gables Lodge to musician Tift Merritt and hotel developer Daniel Robinson for $850,000. The new ownership team is expected to re-open it to guests once restorations are complete. The original home on the property was built in 1925 and later expanded… READ MORE

Formlabs to Lease Lower Floors of Historic 211 Rigsbee Avenue Building in Downtown Durham

Durham, NC, February 18, 2019 – Hem & Spire and TradeMark Properties announce that Formlabs, a 3D printing technology developer and manufacturer, has signed a five-year lease for the first two floors of the historic 211 Rigsbee Avenue Building in downtown Durham. The property is one of four owned by Hem + Spire in the downtown area with renovations and the addition of a third floor completed last summer. Formlabs was founded in 2011 by… READ MORE

Check Out Our New Leadership!

TradeMark Properties Announces Executive Leadership Changes   RALEIGH, N.C., Dec. 17, 2018 – TradeMark Properties announced that Jim Harris, current executive vice president, will assume the role of CEO and Amy E. Carroll, current vice president will assume the role of president effective December 13, 2018. Billie Redmond, the company’s founder and current president and CEO will remain involved as chairman of the board to assist in business development, client services and provide executive mentorship…. READ MORE

PN Hoffman plans $250M project in downtown Raleigh

By Ben Graham  – Staff Writer, Triangle Business Journal After a months long search to find a buyer, William Peace University has closed on a $34 million deal to sell Seaboard Station in downtown Raleigh, North Carolina, according to those who worked on the deal. The transaction is bringing in a substantial return for the university and clears the way for the new owner to launch a $250 million redevelopment project at the aging retail center. PN Hoffman, a… READ MORE

Adzerk Takes Top Floor at 505 S. Duke Street in Downtown Durham

NEWS RELEASE Media Contact: Suzanne Epps TradeMark Properties (919) 645-1422   Adzerk Takes Top Floor at 505 S. Duke Street in Downtown Durham The new lease kicks off extensive interior renovations to the building.   Durham, NC, December 5, 2018 –TradeMark Properties and Hem + Spire are pleased to announce an executed seven-year lease for 4,897 square feet on the fifth floor of 505 S. Duke Street, the former BB&T building in Downtown Durham. Fred Dickens, Senior… READ MORE

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