{"id":1004525805,"date":"2021-03-29T02:09:16","date_gmt":"2021-03-29T10:09:16","guid":{"rendered":"http:\/\/internal.cpexecutive.com\/?p=1004518813"},"modified":"2022-04-19T01:01:26","modified_gmt":"2022-04-19T09:01:26","slug":"wigeon-capital-breaks-ground-on-raleigh-area-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/","title":{"rendered":"Wigeon Capital Breaks Ground on Raleigh-Area Project"},"content":{"rendered":"
\"3300<\/a>

3300 Waterfield Drive. Image courtesy of Tri Properties and Wigeon Capital<\/em><\/p><\/div>\n

Wigeon Capital has broken ground on the first phase of its 410,000-square-foot industrial project in Garner, N.C.<\/p>\n

\n

READ ALSO<\/strong>: Vacancy Drives Industrial Pricing Surge<\/a><\/p>\n

\n

The developer has started construction on 3300 Waterfield Drive, a flex warehouse building within Greenfield Business Park. The 58,000-square-foot facility will be built with 22-foot clear ceiling heights, 13-foot dock-high loading doors, 110 parking spaces, two entry access points and a 130-foot truck court. The first property is expected to be complete in late summer 2021, Jimmy Barnes, executive vice president of Tri Properties | NAI Carolantic Realty who\u2019s tasked with leasing the property, told Commercial Property Executive<\/em>.<\/p>\n

The industrial property will be located near the intersection of U.S. Highway 70 and Interstate 40, near the distribution hubs for Papa John\u2019s and Domino\u2019s, and 7 miles south of downtown Raleigh, N.C. Barnes said in prepared remarks that 3300 Waterfield Drive was meant to accommodate the high demand for flex space in the Triangle region of North Carolina.<\/p>\n

Elsewhere in Greenfield Business Park, Duke Realty Corp. delivered<\/a> a 165,921-square-foot speculative warehouse in 2020, representing the eighth building in its industrial campus.<\/p>\n

Wigeon to start later phases this year<\/h2>\n

Once 3300 Waterfield Drive is complete, Wigeon expects to break ground on the second phase of its industrial project in the summer, Barnes told CPE<\/em>. The developer plans to start construction on Laurensfield Court, a 96,000-square-foot warehouse building located on a 13-acre site next to 3300 Waterfield Drive. The second property will be built with 32-foot clear heights, 15-foot dock-high loading doors, 177 parking spaces and a 135-foot truck loading court. Barnes also told CPE<\/em> that Wigeon plans to complete Laurensfield Court in the first quarter of 2022.<\/p>\n

The third phase of the project is expected to break ground by the end of 2021, Barnes told CPE<\/em>. The final phase, Greenfield 27, will include three buildings on a 27-acre site adjacent to the other two buildings. The three buildings will include a 150,000-square-foot bulk distribution facility and two additional smaller flex buildings that are 58,000 and 48,000 square feet, respectively.<\/p>\n

Besides its three-phase industrial project in Garner, Wigeon is also working on two other flex building projects at Brier Creek and Sigma Drive in Raleigh.<\/p>\n","protected":false},"excerpt":{"rendered":"

The industrial development\u2019s first phase is a flex warehouse building within Greenfield Business Park. <\/p>\n","protected":false},"author":883,"featured_media":1004527765,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,21748,21742,1604],"tags":[51076],"class_list":["post-1004525805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-industrial","category-latest","category-raleigh-durham","tag-tri-properties"],"acf":[],"yoast_head":"\nWigeon Capital Breaks Ground on Raleigh-Area Project - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wigeon Capital Breaks Ground on Raleigh-Area Project\" \/>\n<meta property=\"og:description\" content=\"The industrial development\u2019s first phase is a flex warehouse building within Greenfield Business Park.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-29T10:09:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-19T09:01:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/3300_Waterfield_Drive_Raleigh.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jackson Chen\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/\",\"name\":\"Wigeon Capital Breaks Ground on Raleigh-Area Project - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/3300_Waterfield_Drive_Raleigh.jpg\",\"datePublished\":\"2021-03-29T10:09:16+00:00\",\"dateModified\":\"2022-04-19T09:01:26+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/8d4607aca26f3427c49fe54ddc82ddf1\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/3300_Waterfield_Drive_Raleigh.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/3300_Waterfield_Drive_Raleigh.jpg\",\"width\":800,\"height\":620},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Wigeon Capital Breaks Ground on Raleigh-Area Project\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/8d4607aca26f3427c49fe54ddc82ddf1\",\"name\":\"Jackson Chen\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/jchenheadshot.png?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/jchenheadshot.png?w=96\",\"caption\":\"Jackson Chen\"},\"description\":\"Jackson Chen is a Connecticut-based freelance writer who has reported on real estate for more than five years. He cut his teeth with real estate journalism when he previously wrote for Real Estate Weekly, the longest-running real estate publication in New York City. He has been writing for Multi-Housing News since late 2019.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/jackson-chen\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Wigeon Capital Breaks Ground on Raleigh-Area Project - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/","og_locale":"en_US","og_type":"article","og_title":"Wigeon Capital Breaks Ground on Raleigh-Area Project","og_description":"The industrial development\u2019s first phase is a flex warehouse building within Greenfield Business Park.","og_url":"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2021-03-29T10:09:16+00:00","article_modified_time":"2022-04-19T09:01:26+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/3300_Waterfield_Drive_Raleigh.jpg","type":"image\/jpeg"}],"author":"Jackson Chen","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/","url":"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/","name":"Wigeon Capital Breaks Ground on Raleigh-Area Project - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/3300_Waterfield_Drive_Raleigh.jpg","datePublished":"2021-03-29T10:09:16+00:00","dateModified":"2022-04-19T09:01:26+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/8d4607aca26f3427c49fe54ddc82ddf1"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/3300_Waterfield_Drive_Raleigh.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/3300_Waterfield_Drive_Raleigh.jpg","width":800,"height":620},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/wigeon-capital-breaks-ground-on-raleigh-area-project\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Wigeon Capital Breaks Ground on Raleigh-Area Project"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/8d4607aca26f3427c49fe54ddc82ddf1","name":"Jackson Chen","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/jchenheadshot.png?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/jchenheadshot.png?w=96","caption":"Jackson Chen"},"description":"Jackson Chen is a Connecticut-based freelance writer who has reported on real estate for more than five years. He cut his teeth with real estate journalism when he previously wrote for Real Estate Weekly, the longest-running real estate publication in New York City. He has been writing for Multi-Housing News since late 2019.","url":"https:\/\/www.commercialsearch.com\/news\/author\/jackson-chen\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/3300_Waterfield_Drive_Raleigh.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004525805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/883"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004525805"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004525805\/revisions"}],"predecessor-version":[{"id":1004535695,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004525805\/revisions\/1004535695"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004527765"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004525805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004525805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004525805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}