Heritage Properties, Inc. (“Heritage”) is pleased to announce the opening of its temporary office in The Captrust Tower at 4208 Six Forks Road, Raleigh, North Carolina. Helmed by Vice President of Development and Acquisitions Ryan Blair, the office will serve as the firm’s headquarters for its current North Carolina development projects, Legacy at Brier Creek and One Glenwood, and other future projects. Blair, an alumnus of North Carolina State University and Master’s degree recipient of from Duke University, has lead the Heritage team in building its presence in the Triangle over the last two years. Heritage remains bullish on the North Carolina market and plans to continue growing their portfolio throughout the Carolinas.
“The Triangle continues to impress our team, and we are excited to expand our business into such a vibrant economy. The demographics, the business community, and the local culture are a natural fit for us, and I am thrilled to lead the expansion of the Heritage Platform in this premier environment,” said Blair.
Heritage currently has more than 340,000 square feet (SF) of mixed-use space under development in Raleigh, NC. Legacy at Brier Creek, a four-story Class A office building in the vibrant Brier Creek community, is set to break ground in June 2016, and will be delivered in June of 2017.
One Glenwood, a Class A office and retail tower featuring 224,500 rentable square feet of space at the intersection of Glenwood Avenue and Hillsborough Street, is set to break ground by the year-end. Designed with the existing community in mind, One Glenwood will feature floor-to-ceiling glass frontage retail space, open floorplates, natural finishes, and is intended to attract modern age companies.
Blair was recently promoted to Vice President to reflect his on-going accomplishments on behalf of the Heritage portfolio. Most notably, the identification, assemblage, and on-going development of the Brier Creek and Glenwood projects that have resulted in an increase in investor participation and retention. Blair has held the role of Leasing Associate, Development Associate, and Director of Development and Acquisitions since joining the firm in 2013. Blair is currently a member of National Association of Industrial and Office Properties (NAIOP), NAIOP’s Developing Leaders Program, and Urban Land Institute (ULI), and is a licensed member of the North Carolina Board of Examiners.