Updated Oct 29, 2026
GreenHawk Corporation Acquires 43.6 Acres In Wendell Falls From Adrian Foley For $12 Million
6112 Knightdale Eagle Rock Road
$12,000,000
Building Size
—
Asset Type
Land
Closing
Oct 29, 2026
About this deal
AI
A land parcel of 43.6 acres located at 6112 Knightdale Eagle Rock Road in Wendell, NC, has been sold for a total of $12,000,000. The asset, which is situated in a developing area, will be utilized for a large-scale project featuring three industrial buildings and eight retail outparcels.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $12,000,000
- Buyer: GreenHawk Corporation
- Seller: Adrian Foley - Brookfield Properties
- Project Name: Junction at Wendell Falls
- Expected Completion: Q3 2027
- Total Industrial Space: 291,402 square feet
- Targeted Businesses: Contractors and home-service businesses
The transaction involved GreenHawk Corporation acquiring the land from Adrian Foley, who represents Brookfield Properties in the deal. This development will be an integral addition to the Wendell Falls market, aiming to cater to various business needs.
On the Map
$12,000,000
Land
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Eagle Rock Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93