Jones Lang LaSalle., a North Carolina licensed real estate broker (“JLL”), has been retained as the exclusive sales representative for Panther Rock Boulevard, a ±47.73 acre development opportunity in a rapidly developing community in Knightdale, NC. This is an attractive opportunity for a mixed use, infill development in an area experiencing rapid population growth. The site is adjacent to the planned Silverstone & Stoneriver communities which will add 780+ homes to the area and bodes well for a residential rezoning or commercial use. The site is located just 3 minutes away from both the I-440 and I-540 loops which provides excellent connectivity to Raleigh’s interior neighborhoods and the surrounding employment nodes. There is also a future traffic signal at Hodge Road and Panther Rock Blvd that will be constructed this year. Downtown Raleigh (50,000 + employees) is only 12 minutes away and North Hills is only 9 minutes away. The proposed I-540/Poole Road interchange is located one mile to the east with construction currently slated for 2028.
- Raleigh was rated #1 Overall Market to Watch in ULI’s 2021 Emerging Trends in Real Estate
- 12 minute drive to downtown Raleigh from site
- Raleigh’s CBD has 50,000 employees
- 3 Top 10 research universities in the immediate area