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INVEST IN GROWTH. INVEST IN GLEN LENNOX.

Remaking a classic community to fit today’s urban needs.

A successful mid-century modern community in the heart of Chapel Hill, NC has been reimagined into a vibrant, mixed-use development that will serve 21st century needs. It’s opening in 2020 in one of the country’s highest-growth areas.
And you could be a part of it.

 

Seasoned developer Grubb Properties is calling for accredited investors who want to add to their portfolios while serving the high growth of North Carolina by investing in Glen Lennox. The Research Triangle – Raleigh, Durham and Chapel Hill, NC – has stayed near the top of the country’s population growth charts for decades. The new Glen Lennox enables that growth while retaining its historic, special character.

History History
History History

History

Glen Lennox, one of the first planned communities in the Southeast and the second-oldest shopping center in NORTH CAROLINA, has been a paragon of well-designed mixed-use living since 1950. The mid-century modern classic is considered one of that period’s great legacies.


You wouldn’t know it from within the 70 acres of tree-lined lanes, but Glen Lennox’s 1-mile proximity to downtown Chapel Hill and to the University of North Carolina, placement on a main transit line, and location at the nexus of primary regional arteries NC-54 and US 15-501 put it right in the heart of a new century’s development needs.

Help Build the Legacy.

Contact us to learn more.

The new Glen Lennox

Glen Lennox’s original modern design philosophy infuses the developers’ new vision, ensuring that the community still enables beautiful urban living for residents and responsible growth for North Carolina. Reimagined, it is again a thriving mix of businesses, restaurants and homes. The difference is scale.

The new Glen Lennox is the result of a visionary partnership between municipal, state and private organizations and local residents. It will provide 70 acres of integrated spaces for residents and enterprise alike. Plans for Phase 1 development include 215 apartment homes under Grubb Properties’ Link Apartments® brand, a parking garage, shared open space, and innovative Class-A office space for businesses large, small, or in between.

Walkable green spaces embody the development’s commitment to an integrated community character and to environmentally responsible practices, and buildings will adhere to National Green Building standards.

Grubb Properties has engaged Copenhagenize, a renowned bicycle-oriented urban design firm, to help make Glen Lennox the most bicycle-friendly community in the Carolinas and a national thought leader in mixed traffic design.

Invest in the vision. Contact us to learn more.

Chapel Hill and the Research Triangle

Grubb Properties has been a valuable partner in the recent growth of the Research Triangle, an innovation and technology hub of which Chapel Hill is a vertex. The region has high population growth; Chapel Hill’s next-door neighbor Carrboro now has the highest density of any town in

North Carolina,*http://www.dailytarheel.com/article/2017/10/
carrboro-has-the-highest-population-density-rate-in-nc
and neighboring Wake County gains more than 40 people per day in one of the largest and longest growth sprees in the
country.**http://www.wakegov.com/data/bythenumbers/
pages/default.aspx

The area is home to multiple local universities, including Duke University and the University of North Carolina at Chapel Hill. Research Triangle Park is one of the largest research parks in the world. This vital mix has ensured that the region has the highest GDP and the largest number of PhDs per

capita***https://www.forbes.com/sites/kathryndill/
2014/09/16/the-most-and-least-educated-cities-in-america/#2f1898716d75
in the U.S., and a median income of more than $80,000.

Join the Evolution. Contact us today to learn more.

The Research Triangle’s population has grown

46%

since 2000.

About Grubb Properties

Grubb Properties is a 55-year-old real estate firm that has completed more than $2 billion in investment transactions over 25 years. The organization has been an owner and manager of Glen Lennox for more than 30 years, and company founder Robert Lay Grubb once called Glen Lennox home. We truly appreciate the history, character, and legacy of this important place. Grubb Properties’ clients include insurance companies, foundations, and high net-worth families, for whom it focuses on risk-managed returns through a disciplined investment process. Since 2002, on a weighted average basis, its 22 fully realized investments produced net IRRs north of 30% and an equity multiple of 2.29x, utilizing low leverage.


Contact us to learn more about the Glen Lennox project, and find out how we can help you invest in modernizing one of the Triangle’s most beloved communities.

Clay Grubb

“In 1909, Clay Grubb, Sr. built one of North Carolina’s landmark buildings. It is with great humility and honor that Grubb Properties continues to build on this legacy and work to improve our communities.”

- Clay Grubb, Grubb Properties CEO

Invest With Grubb.

Contact us today to learn more.

919-655-0348
glenlennoxdevelopment@​grubbproperties.com

© Grubb Properties

Grubb Properties

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General Solicitation Legend: The information contained on this website about certain companies and/or affiliates (each, an “Affiliate” and collectively, “Affiliates”) of Grubb Properties, Inc., a North Carolina corporation (“Grubb Properties”) may be considered to be a general solicitation for the sale of exempted securities by such Affiliate to accredited investors under Rule 506(c) of the Securities Act of 1933, as amended.  As such, it is not intended to be an offer of a security, which offer if made, will only be made through a Confidential Private Placement Memorandum. Additionally, prior to the sale of any security to any investor, such Affiliate must take reasonable steps to verify that all potential investors are accredited investors, which may include but is not limited to receiving a written confirmation from a licensed attorney or certified public accountant knowledgeable as to the investor’s accredited status. Cautionary Statements: Information that appears on this website contains forward-looking statements that involve risks and uncertainties and is only intended for accredited investors with a high level of sophistication who are able to understand the risks involved in real estate investments. Although Grubb Properties is active in real estate, there can be no guarantee of any investment. The risks of investing in any Affiliate of Grubb Properties are more fully set forth in the Confidential Private Placement Memorandum for an offering of securities. The information contained on this website is not intended to be a complete disclosure of investment considerations and risk factors. An Affiliate can neither guarantee profits nor provide assurance against losses, and there is no guarantee that past performance will be indicative of future results. An investor assumes the entire risk of any investment made and is completely responsible for making any investment decisions and each investor should, after consultation with their own professional advisors and performing their own due diligence, use their own judgment and due diligence prior to making any investment. Disclaimer of Errors: Grubb Properties has made all reasonable efforts to ensure that the information provided through this website is accurate at the time of inclusion; however, there may be inadvertent and occasional errors. Grubb Properties does not guarantee the accuracy, validity, timelessness, completeness or suitability of any information or data made available on this website, and Grubb Properties reserves the right to make changes and corrections at any time to this website, without prior notice.

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