Started in 1986, Lundy is a small company specializing in high value commercial, mixed use and in-fill real estate development leasing and management. With over $115 million in completed development in the past 5 years and $11 million planned for 2014, the individuals at Lundy are focused on achieving the project’s success. The talented individuals at Lundy have direct hands-on experience in leasing, managing, financing, developing, purchasing, owning and selling all types of commercial real estate.
Lundy has under management just over 1.5 million square feet of both owned and third-party projects. About 60% of new development is commercial or office, 20% is mixed-use or residential combinations, and the remaining 20% is new a mix of other projects, land and park projects.
The company and/or its principals are licensed brokers in the states of Virginia, North Carolina, South Carolina, Georgia and Tennessee. Lundy is actively seeking new projects in emerging markets as well as infill opportunities.
The Lundy Group, with over 600 leases in just the past 10 years for clients ranging from Texas to New York, provides full service general brokerage for tenants and clients. Lundy offers analysis of space needs and location requirements and can negotiate the best possible lease terms and conditions.
Development, Management, Listing or Leasing in:
Cary Wake Forest (Wakefield)
Chapel Hill Sanford
Fayetteville Southern Pines
Charlottesville, VA Apex
In the past, the group has accomplished the following developments, financing, and/or sales:
- Construction 1985-2013: 34 transactions totaling $142.5 million
- Permanent: 28 transactions totaling $129 million
- Charlotte Projects: 7 buildings totaling 1.9 million SF and $44.7 million
- Joint Ventures/Equity: 27 transactions totaling $53 million of equity
- Development and Leasing of Owned or Sold Product: 26 transactions totaling 1,368,500 square feet
At present, the group lists, manages or has under active development:
- 500,000 SF of medical office and specialty medical projects
- 50 acre park with up to 500,000 square feet of retail, office and medical space
- 227,000 SF of retail food anchored shopping centers
- 216,812 SF of tenant representation
- 4250,000 SF of office space & general commercial
- 200,000 SF of mixed use residential & HOA
- 11 Owner’s Associations for commercial and mixed use projects
Partial Current Client List – Medical Office
- Parkway Prostate Center
- North Carolina Board of Nursing
- Davidian Family & Cosmetic Dentistry
- Beavers Family Dentistry
- UNC Hospitals Wellness Centers
- University of North Carolina Hospital System (satellite facilities)
- Children’s Dentistry of Apex
- Capitol Ear Nose & Throat Surgery – CENT Realty Group I and Realty Group II
Banks & Financial Institutions with Current Business
- Bank of America
- Wachovia/Wells Fargo Bank
- SunTrust Bank
- First Citizens Bank & Trust Company
- North State Bank & Trust Company
- Capital Bank
- PNC Bank
Please contact The Lundy Group, Inc. if you would like more information about our services or if you’d like to send us information about a property you are listing.