Logan’s Garden Shop has sold its downtown Raleigh property. Changes are in store

Lars Dolder
·2 min read

Logan’s Garden Shop, a beloved downtown retailer at Seaboard Station in Raleigh, has sold its property and will relocate in coming years.

Logan’s has operated at 707 Semart Drive for 30 years. The third-generation business had one of few remaining family-owned properties in the area since most of the Seaboard Station plaza sold for $34 million to Washington, D.C.-based development firm Hoffman & Associates in 2018.

The family announced Friday it had sold its 2.9-acre site for $8.5 million to New York-based Turnbridge Equities as part of a sale-leaseback transaction that will permit Logan’s to operate on the property for a few more years.

“We are NOT selling the business,” the family said in a written statement addressed to its loyal customers. “We are selling the Seaboard Station property to explore how to best adapt our business model to adjust for the growth that we’ve experienced, improve the customer experience, and create a sustainable business model for the future.”

Turnbridge — which owns several local properties, including the historic Creamery in downtown Raleigh and the NC Mutual Life Insurance Company building, known as “Mutual Tower,” in downtown Durham — estimates Logan’s will stay in its Seaboard Station location until 2023 or 2024. The company has not announced subsequent plans for the site.

Last October, Hoffman & Associates announced it would begin a massive $300 million overhaul of Seaboard Station. The rebuilt mixed-use community will have more than 130,000 square feet of retail and up to 650 new apartment units, The News & Observer reported.

The Logan family has not identified a future home for its garden shop, said Josh Logan, who runs the store with his wife, Leslie. But the relocation will permit further expansion and continued community service.

“We will continue to serve our loyal customers with the same genuineness and one-of-a-kind shopping experience that our family has always and will always provide for them in the future,” Logan said.