Grubb Ventures invests $10M in Raleigh redevelopment project

Grubb Ventures invests $10M in Raleigh redevelopment project

Real estate development firm Grubb Ventures has invested $10 million in the acquisition of the former Peden Steel property north of downtown Raleigh. The company is betting the success it enjoyed with its makeover of a former Winn-Dixie warehouse will carry over to the 18.6-acre site across the street at the corner of Atlantic Avenue and Whitaker Mill Road.

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