Press Releases

Developer of 751 Retains NAI Carolantic Realty

RALEIGH, NC - August 27, 2013 - NAI Carolantic Realty has been retained by Southern Durham Development to exclusively handle the marketing of its new development known as 751 South. This 167-acre regional, mixed-use development is located in southern Durham County at the intersection of NC Hwy. 751 and Fayetteville Road. The project, less than two miles from the Streets at Southpoint, will feature 300,000 square feet of Class A office space, up to 1,300 residential units, a fire station site and new sheriff's substation, along with an elementary school. It will also include a 300,000 square foot retail component anchored by a high quality grocer and mix of restaurants and retailers.

"We assembled an internationally-renowned team of urban planners and designers with the goal of creating a very livable, sustainable development that would attract national attention. The commercial core of 751 South is designed to accentuate a live, work and play community with retail that can stand on its own. We are confident the team at NAI Carolantic Realty will provide the necessary real estate expertise to see this development through its various phases." said Alex Mitchell with Southern Durham Development.

"We are excited to work with Alex and his team on this new project which is just five minutes from Chapel Hill and fifteen minutes from Raleigh. It is a walkable, connected, compact and eco-friendly community which we believe will set a new bar for development in the Triangle," said Steve Stroud, Chairman of NAI Carolantic.

To learn more about 751 South, visit their website at 751south.com and call Kyle Greer, Moss Withers, or Robin Anders, SIOR, Brokers at NAI Carolantic Realty, 919-832-0594.

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NAI Carolantic is the Raleigh/Research Triangle area's leading commercial real estate firm with seventeen brokers, a full-service property management division, as well as an experienced marketing and research division. Established in 1972, NAI Carolantic is a member firm of NAI Global, the world's premier network of commercial real estate firms and one of the largest real estate service providers worldwide. NAI has over 5,000 real estate professionals in over 400 offices around the world with regional management, global infrastructure, best practices and technology to provide clients with consistent, quality results. NAI Carolantic and NAI Global are trusted partners, committed to your long-term success.