Glen on Peace
Raleigh, NC

SOLD

Year To Be Completed: 2008
Number of Beds: N/A
Number of Units: 18
Type: High-End Urban Condo
Estimated Project Value: $3 Million

TPCO's Involvement: The Preiss Company handled the land acquisition, design and development and will handle the construction administration and sales listings for the condos and retail units.

Purpose Statement: TPCO agrees with the real estate market that downtown Raleigh needs residential housing, combined with a mixed-use component. This is an excellent site for access to the popular Glenwood South and convenient to both downtown and the NC State University areas.

Tiger Paw
Clemson, NC

Clemson University, Clemson, NC
Year To Be Completed: 2009
Number of Beds: 700
Number of Units: XX
Type: Student Housing Apartment
Estimated Project Value: $25 Million

TPCO's involvement: The Preiss Company participated in the land acquisition, design and is currently working with Colorworks Development in the development of this potential mix-use site. TPCO organized the Joint Venture Partnership and represented the buyers in the acquisition process. TPCO will provide property management, marketing, leasing, and potential sales services to this site.

Purpose Statement: TPCO currently owns or manages over 1,600 beds within the Clemson marketplace. This site is closer to Clemson University and is part of a planned urban development that provides for a mixed-use project. TPCO will continue to evaluate the right timing and product mix for the market.