Brennan Investment Group has acquired an 82,000-square-foot building on the former RJ Reynolds headquarters campus known as Whitaker Park in Winston-Salem, N.C. The building is located at 4035 Reynolds Court within the 52-acre Whitaker Park.
Brennan has also acquired 8.85 acres immediately adjacent to 4035 Reynolds Court and will build a state-of-the-art 110,000-square-foot distribution building. Whitaker Park has seen a revitalization in recent years, with research, technology, manufacturing and distribution users seeking to locate near top research universities, major interstates, and populations with high disposable incomes and high educational attainment levels.
“This is classic in-fill real estate with powerful demographics,” observed Rob Gage, senior vice president of Brennan Investment Group. “The business plan is to redevelop the existing building and, at the same time, begin preparations for our new 110,000-square-foot distribution asset. We expect renov
