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Chester Allen, CCIM, Senior Vice President

Chester F. Allen, CCIM

Executive Vice President

Chester F. Allen, CCIM

Executive Vice President
Meet the Team
+1 919 8318190
+1 888 8275777
Affiliate Logo - Raleigh

Raleigh

Charter Square
555 Fayetteville Street
Suite 800
Raleigh, NC 27601
+1 919 831 8200
+1 888 827 5777

Professional Experience

Chester Allen is an Executive Vice President, and member of CBRE|Raleigh’s Land Service Group.  Chester specializes in sales transactions, handling all aspects of the buyer and seller representation process.  Among his key areas of focus are single and multifamily residential, office, retail, and industrial development projects, raw land assemblages and master-planned subdivisions.  His clients range from   major corporations and institutional landlords including REITs, to private equity firms, to local investor groups and individual families.  

Originally from Raleigh, Chester has extensive market knowledge and local relationships, which he leverages for the benefits of his clients.  He has over a decade of experience and has completed transactions in virtually every sector of the industry, in multiple states.  Prior to coming to CBRE in 2014, Chester was a Senior Vice President at Avison Young, formerly Grubb & Ellis | Thomas Linderman Graham.  During his time at Avison Young, he was exposed to all facets of the commercial real estate industry, enabling him to build an in-depth collection of best practices.  Over the years, he has served as a consultant for lenders and liaison throughout North Carolina and the Southeast, solidifying his reputation as one of the top industry experts in the state.  

Mr. Allen has represented some of the largest land transactions in the Triangle Region and is consistently one of the top producing land brokers in North Carolina.  Recently, he was recognized by the Triangle Business Journal’s Space Awards for representing the third largest sales transaction in the Triangle during 2015 for the sale of 8341 & 8515 Old Lead Mine Road.  Additionally, he has been awarded CBRE|Raleigh’s 2015 Top 5 Producer and CBRE|Raleigh’s Broker of the Year, as voted on by his peers.

Professional Affiliations/Accreditations

  • Licensed Real Estate Broker, North Carolina
  • Member, Triangle Commercial Association of Realtors (TCAR)
  • Member, International Council of Shopping Centers (ICSC)
  • Member, Urban Land Institute (ULI)
  • Member, Certified Commercial Investment Manager Organization (CCIM)

Education


  • Appalachian State University - Walker College of Business

Civic

  • Member - White Memorial Presbyterian Church
  • Member - Habitat for Humanity of Wake County Land Search and Acquisition Board
  • President - Ravenscroft School Alumni Council
  • Member - Appalachian State University Yosef Club Advisory Board

Clients

RECENTLY REPRESENTED CLIENTS

  • 1-800-Pack-Rat
  • BB&T
  • Bunge Corporation
  • Capital Bank
  • Carter USA
  • CPRT
  • Crescent Communities
  • Duke Realty Corporation
  • Fidelity Bank
  • Flow Companies
  • General Parts/CarQuest International
  • Greenberg Gibbons
  • Hudson Realty Capital
  • Kite Realty
  • Liberty Property Trust
  • Lynwood Grill
  • M/I Homes
  • Murphy Family Ventures 
  • North State Bank
  • Philips & Jordan Inc.
  • PNC Bank
  • Preston Development Co.
  • Pulte Homes
  • Southwood Realty
  • ST Wooten Corporation
  • Supreme Corporation
  • Teleflex
  • Triangle Brick
  • Wells Fargo
  • Yadkin Bank

Assignments

RECENTLY COMPLETED TRANSACTIONS

Client City Asset Type Size
Carter USA Knightdale Multifamly Land 240 Units
Harris Family Louisburg Agricultural Land 2,194 Acres
M/I Homes Durham Residential Land 500 Lots
Colony Capital Holly Springs Residential Land 250 Lots
Pulte Homes Durham Residential Land 85 Lots
Local Family Trust Raleigh 1031 Industrial Exchange 81,000 SF
BB&T Fuquay-Varina Residential Land 133 Lots
PNC Bank Charlotte Office Building 60,000 SF
Flow Companies Raleigh Retail Building & Land 25,000 SF
Maine Plastics Apex Industrial Building
105,000 SF
Lynwood Grill Raleigh Retail Land
6 Acres
Leadership Dev. Team Raleigh Flex Building 20,000 SF
Eastern Aluminum Supply Raleigh Industrial Building 40,000 SF
Bunge Corporation Teachey Industrial Land 80 Acres
PNC Bank Wake Forest Flex Building 35,000 SF
Unity Church of Raleigh Raleigh Assembly Building & Land 15,000 SF
Liberty Property Trust Durham Industrial Land 36 Acres
Crescent Communities Pittsboro Master Planned
Residential Community
398 Lots
646 Acres
The Summit Church
Raleigh Assembly Building & Land 43,000 SF
Flow Companies Greensboro Retail Land 10 Acres
CarQuest International Raleigh Industrial Land
15 Acres
 

 






Chester F. Allen, CCIM

Executive Vice President
Meet the Team
+1 919 8318190
+1 888 8275777
Affiliate Logo - Raleigh

Raleigh

Charter Square
555 Fayetteville Street
Suite 800
Raleigh, NC 27601
+1 919 831 8200
+1 888 827 5777

Available Properties