Wake Co. ABC to expand after spending $27.5M for Garner Building

Project development exterior view

The Wake County Board of Alcoholic Beverage Control (ABC) purchased an industrial building in Garner at 600 S. Greenfield Parkway for $27.5 million. Wigeon Capital developed the property in Garner’s Greenfield Business Park. The acquisition is the result of Wake County ABC “bursting at the seams” in its current Raleigh location. Its new warehouse in […]

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Fully-leased Triangle buildings net $20M from Boston firm

Business Park Drive overhead property view

Boston real estate company Foxfield Investments acquired two industrial properties, 4101 and 4501 Waterfield Drive, for $19.81 million. Wigeon Capital developed the properties, which are both Class-A industrial buildings in the Greenfield Business Park in Garner. Learn more about this acquisition here. Disclaimer: Users will need a subscription to the Triangle Business Journal to read […]

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Developer to build more warehouse space in Raleigh

Business Park Drive property plans

Wigeon Capital has big plans for a new mid-size industrial building in east Raleigh, just outside of the Beltline. The 80,100-square-foot building is at 3091 Business Park Drive. It will be used for light industrial, light manufacturing, research and development, and warehouse and distribution. You can learn more about the in-development project here. Disclaimer: Users […]

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Raleigh developer acquires Garner land for 96K SF industrial warehouse

Greenfield 27 completed project

In 2021, Wigeon Capital acquired 11.8 acres at the Greenfield Business Park in Garner to build 200 Laurensfield Court, a 96,000-square-foot warehouse distribution facility. It was part of Wigeon’s larger plan to build five separate projects in the park. Learn more about our work on 200 Laurensfield Court here. Disclaimer: Users will need a subscription […]

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Raleigh developer sells new industrial site for $16M with more buildings under construction

Business Park outside view

Realty Income Corp bought a 98,000-square-foot warehouse from Wigeon Capital for $16.6 million. The building is the second development in Wigeon Capital’s Garner Business Park, which will eventually hold six developments totaling 455,000 square feet. Learn more about this property sale here. Disclaimer: Users will need a subscription to the Triangle Business Journal to read […]

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Raleigh developer kicks off work on 410K SF project

Construction project progress

In 2021, Wigeon Capital began work on five projects within the Greenfield Business Park in Garner. The plans involve 410,000 square feet of industrial space. The first building in this conveniently located business park is at 3300 Waterfield Drive. Learn more about this moment in Wigeon’s history here. Disclaimer: Users will need a subscription to […]

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