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Raleigh, N.C. (June 7, 2022) – Foundry Commercial, a full-service real estate services and investment firm with offices across the Sun Belt, announces Zac Vuncannon has joined Foundry’s Raleigh office as Deal Principal on the Development & Investments team. Vuncannon brings nearly 20 years of real estate development, acquisitions, and capital markets experience to his role, where he will partner with colleagues to identify and execute on investment opportunities in the Carolinas, with a primary focus on the Triangle region.
Prior to joining Foundry, Vuncannon worked in Washington, D.C. and Raleigh, N.C. to acquire and develop real estate within the Mid-Atlantic and Southeast regions. His real estate background includes both institutional and sponsor-led roles, providing a balanced perspective on value creation across multiple asset classes.
“We are excited to have Zac join the Foundry team and continue the growth of the Development & Investments platform in the Carolinas. Zac’s real estate track record, coupled with his approach to building authentic local relationships, are the perfect match for Foundry, and we look forward to him doing great things with us,” said Pryse Elam, Chief Investment Officer at Foundry Commercial.
Vuncannon will build off the momentum of the Foundry D&I Platform in the Southeast that has completed or has in progress 47 projects totaling $3.2 billion since 2015 and is on track to deliver more than 16 million square feet and $2.6 billion in development in the next 12 months.
Vuncannon graduated from Washington & Lee University and currently resides in Raleigh with his wife and three daughters.