Durham is becoming a haven for former professional athletes turned real estate investors.
Anthony Dilweg who played football for Duke and the Green Bay Packers has been investing in and around Durham for a decade. Christian Laettner and Brian Davis, run a redevelopment firm called Blue Devil Ventures. And now Dewayne Washington a former Wolfpacker and longtime Pittsburg Steeler is with Greenfire Development.
Greenfire is off an running in Durham with ownership in 24 properties. They plan to invest $150M in Durham over the next 7 years. Last Friday they bought the SouthBank Headquarters at 400 W. Main Street.
Deal Highlights:
Price-$3.3M ($55/SF)
Building Size-60,000 SF
Tenant: SouthBank
Use: Office and Retail Operations
Source: N&0: newsobserver.com | Greenfire On Fire In Durham
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