Brooks Pierce Advises Wake Tech in Land Acquisition for New Campus
Brooks Pierce partners Camden Betz and Walt Tippett recently helped Wake Technical Community College with the $10.6 million acquisition of 106 acres of land to develop a new campus in eastern Wake County.
Wake Tech is North Carolina’s largest community college. The new campus will be developed in phases, with the first phase planned for completion in about 5 years. It will include facilities supporting a smart manufacturing program, the college’s public safety program, general education and student services. Future phases will include buildings focused on STEM education, workforce education and business and information technology.
Betz advises clients in a wide range of commercial real estate transactions, including financing, acquisition, development, leasing, management and disposition of commercial properties.
Tippett advises clients regarding complex business and fiduciary matters, real property, construction litigation and administrative and regulatory law matters.
Brooks Pierce serves as counsel for the college’s Board of Trustees.