In 1995, Craig Davis Properties was hired by Morgan Stanley to master plan 1800-acres of land owned by the Eastern Airlines Pension Fund and located adjacent to the Raleigh-Durham International Airport. EAL Pension Fund’s main objective was to maximize the value of the land with minimum additional investment. Craig Davis Properties successfully rezoned the property for commercial, retail and residential development and sold the land to a third party in 1997. Craig Davis Properties purchased a 65-acre industrial site, now known as Globe Center, from the airport assemblage in 1996.
Globe Center is strategically located between I-40 and Highway 70, adjacent to Raleigh-Durham International Airport. The park contains eight uniform, buildings totaling approximately 846,296 square feet. Each state-of-the-art building was designed and constructed to meet the needs of distribution, warehousing, assembly, light manufacturing and lab users.