Danziger

Jones Lang LaSalle, a North Carolina licensed real estate broker, has been retained as the exclusive sales representative for The Danziger Multifamily Tract (the “Property” or “Site”), a 13.89-acre development opportunity located in the South Durham, 15-501 Corridor. Situated directly adjacent to power center Patterson Place anchored by Duke Medical Plaza, the property offers walkable access to restaurants, shops, and more. The site is less than a mile from the interchange of the prominent thoroughfares of I-40 and US 15-501 providing excellent accessibility to the burgeoning South Durham submarket as well as major grocer’s Wegmans, Whole Foods, Trader Joe’s, Target and Sam’s Club all within 3 miles. Given its positioning along 15-501, the site is 12 minutes to the Research Triangle, a high-tech research and development hub that is home to over 60,000 employees. The Property qualifies for unlimited maximum units/acre due to the Affordable Housing Dwelling Units density bonus, which provides a valuable opportunity for a developer to establish a strong presence in one of the Triangle’s hottest corridors.