Raleigh business facility sells for $29 million

Published Sep 3, 2025

The business property at 4601 Glenwood Ave. was built in 1994 and includes a 3.3-acre lot size. The two-story building is equipped with central cooling, central heating and one fireplace. The new owner, Crabtree Owner LLC, purchased the 167,891-square-foot real estate, assigned for commercial use, from CVM Holdings II LLC on June 26, 2025 for $29,000,000.