Carlton Midyette, III

Carlton combines local market knowledge and the resources of the Triangle’s top commercial real estate firm with first-class service to assist his clients with commercial land, residential lot positions and building requirements.  His goal is to provide due diligence to his clients while creating and sustaining long-term relationships.  Carlton’s specialties include helping financial institutions make sense of distressed assets, working with local investors to achieve the highest returns possible and working with builders and developers to maximize the value of land.  His recent activity has centered on sales transactions for industrial and land clients throughout the Triangle region.

As a native of Raleigh and a member of CBRE | Raleigh’s Land Services Group, Carlton has extensive market knowledge and local relationships, which he leverages to the benefit of his clients. The CBRE | Raleigh Land Services Group has represented some of the largest land transactions in the Triangle Region and is consistently one of the top producing land teams in North Carolina. In 2020, Carlton and the team completed $176.1M in land sales.  Recently, the team was recognized by the Triangle Business Journal’s Space Awards for representing the first and third largest sales transaction in the Triangle during 2017 for the sale of 411 S. Roxboro Street in Durham and NC Hwy 42 & US Hwy. 70 in Clayton, as well as achieving the third largest sale in 2018 for Olde Towne and in 2015 for 8341 & 8515 Old Lead Mine Road, both in Raleigh.

 

Professional Affiliations/Accreditations

 

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

Education

 

• University of South Carolina - Real Estate and Finance

 

Clients

CLIENT/LOCATION	ASSET TYPE	ACREAGE	SALE PRICE
Narsingi Investors, Ltd. Narsingi Village, Hyderabad, India	Multifamily Residential Land	16.60	$65,865,840
Eli Lilly Company Parmer RTP, Moore Drive, Durham, NC	Industrial/R&D Land	110.00	$36,000,000
Research Triangle Foundation The Lab @ RTP, Durham, NC	Industrial/R&D Land	72.06	$20,500,000
Newland Communities/NASH Catawba River Assemblage, Rock Hill, SC	Recreational Land	1,808.00	$20,000,000
Bellwood Homeowner's Association Bellwood Drive, Raleigh, NC	Multifamily Residential Land	4.91	Undisclosed
Trinity Capital Advisors Eastgate540, Knightdale, NC	Industrial Building & Land	30.02	$14,300,000
Durham Partnership Group, LLC 411 S. Roxboro Street, Durham, NC	Mixed Use Land	4.18	$13,500,000
The Halle Companies Rock Quarry Road, Raleigh, NC	Mixed Use Residential Land	531.61	$10,500,000
Norfolk Southern NC Hwy. 42 & US Hwy. 70, Clayton, NC	Industrial Land	466.69	$9,000,000
First National Bank of Pennsylvania 1000 Ballena Circle, Cary, NC	Multifamily Units & Land	3.13	$9,000,000
Cornwallis RTP, LLC 2501 E. Cornwallis Road, Durham, NC	Industrial Land	101.49	$8,000,000
GlaxoSmithKline, LLC 3029 E. Cornwallis Road, Durham, NC	Industrial Land	104.61	$7,636,530
Doc Nichols Road, LLC Pickett Road & Garrett Road, Durham, NC	Single Family Residential Land	70.88	$7,130,000
General Electric T.W. Alexander Drive, Durham, NC	Industrial Land	48.27	$7,061,941
The Summit Church Capital Hill Drive, Raleigh, NC	Assembly Land	69.94	$6,850,000
Food Lion, LLC O'Kelly Chapel Road, Cary, NC	Mixed Use Land	22.91	$6,750,000
Mallinckrodt, Inc. 8701 & 8801 Durant Road, Raleigh, NC	Industrial Land	32.22	$6,500,000