RALEIGH, N.C. — Tishman Speyer has acquired The Maggie, a 244-unit community adjacent to North Carolina State University in Raleigh. The property sits on 2.8 acres and was developed in 2014. Located at 401 Oberlin Road, The Maggie is in Raleigh’s Village District, a mixed-use destination with pedestrian-friendly streets, a series of parks and about 100 stores and restaurants. The community features a unit mix ranging from studios to three-bedrooms above 9,000 square feet of street-level retail. Amenities include a fitness center, saltwater pool, a business center, a lounge, golf simulator and a game room. Tishman Speyer plans to make investments into The Maggie’s building exterior and pool area as well as in individual apartments. The transaction was arranged by William Yowell, Kevin Kempf, Don Hoffman and Tai Cohen of CBRE. The seller and sales price were not disclosed.
New York City-based Tishman Speyer has acquired The Maggie, a 244-unit community near North Carolina State University and Village District in Raleigh, N.C. (Image courtesy of Charlie Sarratt with Sky Site Images)
Tishman Speyer Buys The Maggie In Raleigh, North Carolina
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