Our office advances NC State's mission through expert management of its real estate portfolio.
Proper stewardship of NC State’s real estate portfolio is vital to advancing the university’s mission to pursue research and scholarship that solve problems and advance the greater good.
Our office guides growth; caretakes valuable land, space and relationships; helps advance research and foster collaboration; and engages the greater community by promoting vibrant, useful spaces and events on Centennial Campus.
The Office of Real Estate and Development oversees major aspects of real estate for the university and affiliated entities — acquisition, development, leasing services, land and property management, and more.
We maintain more than 100,000 acres statewide, 5 million square feet of innovation space on Centennial Campus and 80 real estate relationships with private industry.
Our staff includes portfolio and asset managers, financial analysts, transaction coordinators and outreach managers — all ready to help.
The Value of Our Land-Grant Status
As a land-grant university, NC State is responsible for the stewardship of state land from the mountains to the sea — a footprint with the power to promote prosperity across North Carolina. Wise use of these lands supports our excellent teaching, the creation and application of knowledge, and engagement with public and private partners.
The Office of Real Estate and Development upholds the letter and spirit of NC State’s land-grant status by pursuing the highest and best use of our real estate portfolio in support of NC State’s mission of teaching, research and partnership.
What Is a Land-Grant University?
In 1862, President Abraham Lincoln signed the Morrill Act into law, granting federally controlled land to states for the purpose of founding colleges that would teach “agriculture and the mechanic arts.” This measure sparked the development of land-grant colleges across the nation and signaled a new direction for higher education during the industrial revolution.
In 1887, the North Carolina College of Agriculture and Mechanic Arts was founded — now known as NC State.