“Frank is one of the most experienced, knowledgeable and client centric brokers we have. He is never afraid to roll up his sleeves and do the extra ‘old school’ work to get his clients to the finish line, as well as taking the time to mentor younger brokers – often inviting them into his deals. Frank’s altruistic nature and generosity is an inspiration to all.” Rick Bowden, CFO
“Congratulations, Frank! This achievement is no surprise to anyone who knows you. You are a true master of your professional craft. And, in addition, you have woven your skills into the profile of an exemplary gentleman and human being. Thank you for your example to all of us.” John Zemet, CIO and COO
“Frank has been one of the most outstanding leaders on our team and in all of North Carolina commercial real estate for 22 years. It’s so wonderful to see him continue to excel.” Jim Anthony, CEO and Founder
A Few Highlights from 2022…
Fuller Heights Land Assemblage – Frank Quinn, Duke Boykin, and Jim Anthony won the owner’s representation of a 4.49-acre land assemblage on Fuller St, just south of Raleigh’s central business district. The subject property is a collection of lots situated mere steps from the entrance of Dorothea Dix Park. This is a highly coveted location and the focus of regional and national mixed-use developers. See the video. The property is now Under Contract.
Land for Development – Harnett County – Frank Quinn and David Batten represented the seller in the sale of a 22-acre tract in Harnett County, recently rezoned from commercial to residential use. The vacant tract, located at 45 Bruce Johnson Road near the intersection of Routes 210 and 421, falls within an Opportunity Zone. The transaction closed for $950,000, or $42,735 per acre.
Old Crews Road – Knightdale. Frank Quinn represented the seller in the sale of a 25-acre tract in Knightdale, at 1620 Old Crews Road. The 25-acre tract, which sold for $1,000,000 in August, is part of a 286.5-acre multi-tract assemblage purchased by Arizona-based Trigate-Suncrest Brio West, LLC.
A rezoning request was approved by the Town of Knightdale in July 2022, allowing up to 900 single-family, townhome, and multi-family units along Old Crews, Buffaloe and Lucas Roads. The master plan includes some age-restricted lots and several acres along Buffaloe road approved for commercial space.
Davis Park East, Durham NC – Over ten years ago, Frank Quinn represented Research Triangle LTD, the investment land purchaser of a mixed-use property in Durham known as Davis Park East. The land parcel, which consisted of over 93 acres, was fully entitled and zoned for 1,800 multifamily and residential units, plus the opportunity for commercial and hospitality development.
Since the initial acquisition, Frank has represented the owners in the sale of multiple land Pods within the community, for example, to Pulte Homes, Lee Property Group and Davis Development.
The most recent sale, 3+ acres, is planned for 270 luxury apartment units, another welcome addition to the already regionally recognized best in class development.
Location: Durham, adjoins RTP, Merrion Ave, at Hopson and Davis Drive
Total Representation including acquisition, sales volume to date approaches $36 million.
Congratulations Frank on a job exceptionally well done!