West & Woodall Property Management Recognizes Building Safety Month
April 27, 2022
Lay of the Land As real estate professionals, taking the maintenance of safe and sustainable buildings very seriously is simply part of what we do. While that holds true for all of our commercial and residential brokers and agents, it’s especially relevant for the West & Woodall Property Management team. Since May is Building Safety Month, we’r...
Robyn MooringBig Spoon Roasters Moves Headquarters From Durham to Hillsborough
April 22, 2022
Rapidly growing Big Spoon Roasters is moving its headquarters and production facility from Durham to Hillsborough. The local small-batch nut butter and snack bar maker is currently located at 4517 Hillsborough Road, Suite 103-B in Durham in a leased space that the company has already expanded in three times since 2013. Now, due to continued steady ...
Robyn MooringBenefits of Using 1031 Exchange Proceeds for a Single Tenant Triple Net Property
April 07, 2022
Net Lease Explained We’ve already looked at what a triple net property is and what a 1031 Exchange is. But what are the benefits and the drawbacks of using 1031 Exchange proceeds for a single tenant triple net property? Our team of net lease experts including brokers Deuce Harris II, Graham Storey, and Charles Bartscher are here to provide the ans...
Robyn MooringWell Known Triangle Restaurateur Tyler Huntington Joins Local Commercial Real Estate Firm
March 29, 2022
Pickett Sprouse Commercial Real Estate is pleased to announce that well known Triangle restaurateur Tyler Huntington has joined its team. After more than 30 years in the restaurant industry and with the experience of founding and owning six successful restaurants, two beverage companies and an event space, Huntington is now helping other business o...
Robyn Mooring1031 Exchange Trends in Central North Carolina
March 23, 2022
Lay of the Land As inflation is affecting nearly every part of our economy, investors are looking for stable investments that will at least maintain and hopefully grow in value. For many, that means turning to real estate and 1031 exchanges. If you’re not already familiar with what this commercial real estate investing tool is, take a moment to re...
Robyn MooringWhat is a 1031 Exchange in Real Estate? A Detailed Overview
March 23, 2022
As commercial brokers, it is part of our job to help our clients make the best real estate decisions that are appropriate for their situation. One of the tools available for doing that with commercial real estate investors is a 1031 exchange, also known as a like-kind exchange. While this tool isn’t for everyone, it is one of the strategies that we...
Robyn MooringUnderstanding the Basics: What is a Net Lease?
March 14, 2022
If you’re in commercial property, you’ve probably at least heard the term net lease, but if you haven’t dealt with it firsthand, you may not know what it means—yet. Chances are, you will need to become familiar with the concept at some point, and that’s what we’re here for. In this article, our brokers answer the question, "What is a net lease?" an...
Robyn Mooring