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Professional Experience
Associated Office
With more than 30 years of experience in commercial real estate, Barry is widely regarded as one of the most knowledgeable brokers in the market. As a Raleigh native, Barry has been actively involved in the rapid expansion of the Triangle area over the past few decades and has developed a keen awareness of market trends and development potential.
Early in his career, Barry worked for one of the largest development companies in the Southeast. His experience with the development side of the business gives him a unique perspective from which to advise his clients.
Barry joined CBRE | Raleigh in 1993 and now leads CBRE | Raleigh’s Land Services Group, a team of five experienced professionals that specialize in disposition, acquisition and advisory services for raw land, entitled land, improved residential lots, master-planned communities and redevelopment sites. The CBRE | Raleigh Land Services Group has represented some of the largest land transactions in the Triangle region and is consistently one of the top producing land teams in North Carolina. In 2022, Barry and the team completed $157M in sales. Recently, the team was recognized by the Triangle Business Journal’s Space Awards for representing the second largest transaction in the Triangle in 2022 for the sale of a 110-acre soon-to-be mixed-use campus in Morrisville; the second largest sale in 2020; the first and third largest sales in 2017; and the third largest sales in 2018 and 2015.
- CBRE, Raleigh 2016 Employee of the Year Award Winner
- CBRE, Raleigh 2009 Broker of the Year Award Winner
- CBRE, Raleigh 2007 Top Producer of the Year Award Winner
- CBRE, Raleigh 2004 Top Producer of the Year Award Winner
- Member, Hope Lutheran Church in Wake Forest
- Volunteer & Member, YMCA Property and Facilities Committee
- Volunteer & Member, YMCA Swim for Life Steering Committee
- Licensed Real Estate Broker, North Carolina
- Member, Urban Land Institute (ULI)
- Member, Certified Commercial Investment Management Organization (CCIM)
- Member, International Council of Shopping Centers (ICSC)
- Bachelor degree from University of North Carolina at Wilmington
- Ammons Ventures LLC
- Cherokee Investment Partners
- Church of Latter Day Saints
- Crown Companies
- Eli Lilly & Company
- Food Lion
- General Electric
- GFL
- GlaxoSmithKline
- Harris Teeter
- IBM
- Mallinckrodt
- Norfolk Southern
- Preston Development Company
- Research Triangle Foundation
- Teleflex
- Weyerhaeuser
- YMCA
CLIENT/LOCATION | ASSET TYPE | ACREAGE | SALE PRICE |
Narsingi Investors, Ltd. Narsingi Village, Hyderabad, India |
Multifamily Residential Land | 16.60 |
$65,865,840 |
Eli Lilly Company Parmer RTP, Moore Drive, Durham, NC |
Industrial/R&D Land |
110.00 |
$36,000,000 |
Research Triangle Foundation The Lab @ RTP, Durham, NC |
Industrial/R&D Land |
72.06 |
$20,500,000 |
Newland Communities/NASH Catawba River Assemblage, Rock Hill, SC |
Recreational Land |
1,808.00 |
$20,000,000 |
Bellwood Homeowner's Association Bellwood Drive, Raleigh, NC |
Multifamily Residential Land |
4.91 |
Undisclosed |
Trinity Capital Advisors Eastgate540, Knightdale, NC |
Industrial Building & Land |
30.02 |
$14,300,000 |
Durham Partnership Group, LLC 411 S. Roxboro Street, Durham, NC |
Mixed Use Land |
4.18 |
$13,500,000 |
The Halle Companies Rock Quarry Road, Raleigh, NC |
Mixed Use Residential Land |
531.61 |
$10,500,000 |
Norfolk Southern NC Hwy. 42 & US Hwy. 70, Clayton, NC |
Industrial Land |
466.69 |
$9,000,000 |
First National Bank of Pennsylvania 1000 Ballena Circle, Cary, NC |
Multifamily Units & Land |
3.13 |
$8,000,000 |
Cornwallis RTP, LLC 2501 E. Cornwallis Road, Durham, NC |
Industrial Land |
101.49 |
$8,000,000 |
GlaxoSmithKline, LLC 3029 E. Cornwallis Road, Durham, NC |
Industrial Land |
104.61 |
$7,636,530 |
Doc Nichols Road, LLC Pickett Road & Garrett Road, Durham, NC |
Single Family Residential Land |
70.88 |
$7,130,000 |
General Electric T.W. Alexander Drive, Durham, NC |
Industrial Land |
48.27 |
$7,061,941 |
The Summit Church Capital Hill Drive, Raleigh, NC |
Assembly Land | 69.94 |
$6,850,000 |
Food Lion, LLC O'Kelly Chapel Road, Cary, NC |
Mixed Use Land |
22.91 |
$6,750,000 |
Mallinckrodt, Inc. 8701 & 8801 Durant Road, Raleigh, NC |
Industrial Land |
32.22 |
$6,500,000 |
Branaman Hasentree, Wake Forest, NC |
Single Family Residential Land |
65.23 |
$6,210,000 |
Team Overview

LSG Team Capabilities Brochure
Providing acquisition, disposition and valuation services for developers, investors and landowners in and around the Triangle.
CBRE|Raleigh Land Services is comprised of six experienced professionals focused exclusively on land transactions, with a comprehensive ability to evaluate the highest and best use of land parcels. This team – backed by the resources of the world’s largest commercial real estate firm – consults developers, users, investors and landowners throughout the metro and outstate areas to assist in the disposition of all types of property. With over 80 years of combined experience, this market leading group sold 1,724 acres and represented 47 transactions in the Triangle area, totaling $157M in 2022.
“The team at CBRE|Raleigh were an invaluable resource for us on a deal we recently completed on a very complex property,” a representative of a regional bank said. “Their extensive knowledge of the local market, combined with their dedication to understanding our needs and to working with us as a partner, helped to bring us together with a buyer who was the right fit for the property and for us.”
Success Stories
"Carlton, Well, I think we got it done! I expect this one will live as the most time spent per dollar earned of any successful closing you've been involved with. Thanks for keeping after it to find an actual buyer. I have not looked back to see when CBRE first formally engaged in the effort but I'm sure it was more than 9 years ago we started working on this. For 15 acres at the end of the road it turned up about every conceivable obstacle a land transaction could imagine. I think all we lacked was a contaminated soil problem. The CBRE team did a good job understanding the market for our niche and finding most likely candidates. Thanks for helping us 'get her done.'"
"Chester, I want to thank you and the Raleigh CBRE team for your guidance and professionalism with the selling of our family farm. Not being familiar with large real estate transactions such as this one, I was rather overwhelmed at the daunting prospect of understanding the whole process. You and your team provided the most helpful direction and counsel at every step of the way and made me feel constantly reassured that we were working the best deal possible. I was impressed with your market knowledge and industry contacts that made the marketing to contracting to closing timeline surprisingly short."
"Barry, I’m not sure I can articulate the depth of my appreciation to you for what you did for our family. You were a perfect fit for each of us. Thank you so much for your patience and understanding. We’re not the easiest bunch to deal with, I imagine, but you handled and managed us so beautifully. We had unwavering trust in you. Your decency shines through! I don’t think I can find the words to express our gratitude to you. I believe it may have been Paul Snow in Chapel Hill who recommended that I contact you about selling mother’s property. It was truly the best recommendation I ever received."
In the News
- The Business Journals
Big Knightdale development adds new hotel, more apartments and retail
February 23, 2023
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$350M Wendell development features apartments, grocery store, industrial buildings and potential hotel
December 1, 2022
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New Raleigh apartments join sizzling area around Downtown South
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- WRAL Tech Wire
Celebrating CBRE Raleigh’s 20th anniversary: a look at the past and future of the Triangle’s commercial real estate industry
September 20, 2021
- The Business Journals
Atlanta developer pays $4M for Brier Creek site, plans new apartments
July 1, 2021
- The Business Journals
Homebuilder buys 120 acres on edge of Raleigh as huge project moves forward
May 31, 2021
- The Business Journals
Maryland developer buys Knightdale land for latest Triangle project
May 17, 2021
- The Business Journals
Developer buys Wake Forest site for $3.4M, plans new apartments near golf course
May 15, 2021
- The Business Journals
$25K per acre in Johnston County! Greensboro developer goes big with land deal
April 13, 2021
- REBusiness Online
Trinity Capital Advisors to Develop 274,370 SF Industrial Project in Durham
March 19, 2021
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