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Press Releases Archive 2006

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Greenfire Development Purchases Two More Distressed Properties

March 21st, 2006

Greenfire Development has purchased two more underused downtown Durham properties with the intention of redeveloping them – part of the company’s planned investment of $50 million to $100 million in Durham’s central business district, the company announced today.

Carl Webb New Partner at Greenfire Development; Webb Patterson to Move HQ

April 6th, 2006

Co-founder and Chief Operating Officer Carl P. Webb is leaving Webb Patterson Communications to become a partner with Durham-based Greenfire Development, a community development company focused on downtown Durham.

Triangle Skyscaper Poised for Redevelopment

July 14th, 2006

SunTrust Bank announced today the sale of its current Carolinas Group headquarters office, located at 111 Corcoran St., to Greenfire Development.

Downtown Parcel Changes Hands

October 19th, 2006

Greenfire Development announced today the finalized purchase of the 0.54 acre former Woolworth’s site in downtown Durham.

Greenfire Development Purchases Liberty Warehouse

October 30th, 2006

Greenfire Development has purchased the Liberty Warehouse building located at 611 and 613 Rigsbee St. in downtown Durham, the company announced today.

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