Business Details
50+ Years
experience
Your Trusted Commercial Real Estate Partner in Raleigh
Since 1972, Commercial Associates has been a trusted leader in the Triangle area's commercial and industrial real estate market. Our innovative team approach combines proven expertise with valuable market resources to deliver tailored solutions for property owners, developers, and businesses seeking optimal real estate strategies. With a track record of representing over 25 buildings totaling 250,000 square feet, we specialize in maximizing asset value through strategic leasing, sales, and property management services. Our brokers' personal investment in real estate allows us to provide owner-centric advice that prioritizes long-term profitability.We serve Wake County and surrounding North Carolina areas, offering comprehensive services including site selection, investment analysis, and build-to-suit project management. Our commitment to transparency and client-focused solutions has made us a preferred partner for businesses ranging from startups to Fortune 500 companies. Through continuous community involvement and industry leadership, we maintain our position as a premier commercial real estate firm in the Raleigh region.
Services
Commercial Real Estate Sales
Property Leasing
Asset Management
Land Brokerage
Build-to-Suit Projects
Development Services
Investment Analysis
Tenant Representation
Industrial Real Estate
Office Space Leasing
Details
- Year established: 1972
Highlights and features
- Our brokers personally invest in real estate, providing owner-perspective advice
- Asset services group manages costs as if they were our own investments
- Team approach combines proven commercial real estate knowledge with market resources
- Extensive track record representing over 25 buildings totaling 250,000+ sq ft
- Specialized expertise in build-to-suit projects and development opportunities
Associations and certifications
- CCIM (Certified Commercial Investment Member)
Services
Commercial Real Estate Sales
We specialize in commercial property sales, leveraging deep market knowledge to maximize returns for sellers and secure optimal investments for buyers. Our team provides comprehensive market analysis, strategic pricing, and negotiation expertise. With decades of experience in industrial, office, and retail sectors, we deliver transactions that align with long-term business objectives.
Property Management
Our property management services protect and enhance asset value through proactive maintenance, tenant relations, and financial oversight. We implement cost-effective solutions while maintaining tenant satisfaction and regulatory compliance. The team manages over 250,000 square feet of diverse commercial properties across the Triangle region.
Build-to-Suit Projects
We guide clients through complete build-to-suit projects from site selection to final construction. Our services include feasibility analysis, contractor coordination, and budget management. This comprehensive approach ensures facilities perfectly match business requirements while maintaining cost efficiency throughout development.
Land Brokerage
Our land brokerage services cover acquisition and disposition of commercial land parcels for development or investment. We provide market analysis, zoning evaluation, and transaction strategy. The team has extensive experience with both raw land sales and entitled development sites across North Carolina.
Tenant Representation
We represent tenants in securing optimal commercial spaces through strategic site selection and lease negotiation. Our services include market analysis, space planning, and cost-benefit evaluation. With deep local market knowledge, we help businesses find facilities that support their operational and financial goals.
People
E. Michael Kornegay
President
CCIM-designated broker with 30+ years experience specializing in flex/warehouse space. Appalachian State University graduate who understands both sides of transactions through personal real estate investments.
W. Clark Womack, Jr.
Senior Vice President
25+ years in commercial real estate with expertise in leasing, land transactions, and investment sales. Represents 35+ owners while maintaining active involvement in local community organizations.
Aimee Carroll
Property Manager
Manages property operations with hospitality industry background. Purdue University graduate focused on asset protection and tenant satisfaction since returning to property management in 2018.
Questions
What areas do you serve for commercial real estate?
We serve Wake County and surrounding North Carolina areas including Raleigh, Cary, Apex, Durham, and Research Triangle Park (RTP).
What types of commercial properties do you handle?
We work with industrial, office, retail, warehouse, flex spaces, and vacant land properties across the Triangle region.
How does your team approach property management?
Our property management focuses on asset protection, cost-effective maintenance, and tenant satisfaction through proactive oversight and financial accountability.
What makes your brokerage services unique?
Our brokers' personal real estate investments allow us to provide owner-centric advice that prioritizes long-term profitability over short-term transactions.
Can you help with build-to-suit development projects?
Yes, we offer complete build-to-suit services including site selection, feasibility analysis, and construction coordination to create customized facilities.
How do you assist first-time commercial property buyers?
We guide new buyers through market analysis, financing options, and negotiation while explaining complex real estate terminology and processes.
