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Global Investor Snags Burt's Bees Warehouse in Morrisville, North Carolina

The Property's Value Increased Almost 60% Over Six Years
Burt's Bees hand salve is one of the many products the longstanding, Durham, North Carolina-based company is known for. (Creative Commons)
Burt's Bees hand salve is one of the many products the longstanding, Durham, North Carolina-based company is known for. (Creative Commons)
CoStar News
September 24, 2020 | 8:25 P.M.

Private investor TPG Global has acquired a warehouse just outside Raleigh, North Carolina, that is largely leased to skincare company Burt’s Bees, a sign of the small but mighty region’s ability to consistently attract capital from major U.S. and international investors.

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