Chester F. Allen, CCIM

Chester F. Allen is an Executive Vice President, and member of the four-person CBRE | Raleigh’s Land Services Group. Chester specializes in land sale transactions, handling all aspects of the buyer and seller representation process. He focuses on single and multifamily residential, office, retail, industrial, urban redevelopment, and master planned communities. Originally from Southeastern North Carolina, and having lived in Raleigh for over 30 years, Chester has extensive local knowledge and relationships, which he leverages for the benefits of his clients. He has over 15 years of experience and has completed transactions in every sector of the industry, in multiple states. Over the years, he has served as a consultant for lenders and as a liaison throughout North Carolina and the Southeast, solidifying his reputation as one of the top industry experts. Chester has represented some of the largest and most complicated land transactions in the Triangle Region and is consistently one of the top producing brokers in the Carolinas. As a member of the CBRE | Raleigh Land Services Group, Chester and the team completed $176.1M in sales in 2020. Recently, the team was recognized by the Triangle Business Journal’s Space Awards for representing the second largest sale transaction in the Triangle during 2020 for the sale of 110 acres in Parmer RTP; the first and third largest sales transaction in the Triangle during 2017 for the sale of 411 S. Roxboro Street in Durham and NC Hwy 42 & US Hwy. 70 in Clayton, as well as achieving the third largest sale in 2018 for Olde Towne and in 2015 for 8341 & 8515 Old Lead Mine Road, both in Raleigh. Additionally, he has been awarded CBRE | Raleigh’s 2015 Top 5 Producer and CBRE | Raleigh’s Broker of the Year, as voted on by his peers. Member of the Appalachian State University Yosef Club.

• Specialties
  Investment Sales Broker
• Languages
  English
• Markets
  Raleigh/Durham, Greensboro/Winston-Salem, Fayetteville
• Property Types
  Industrial, Land, Office, Flex, Specialty
• Websites
  LINKEDIN PROFILE
• Company Website
  Visit Site
• Education
  Appalachian State University – Walker College of Business
• Organizations
  CCIM - Certified Commercial Investment Member, ULI - Urban Land Institute, International Council of Shopping Centers (ICSC)