Welcome New Durham 2.0 Investors

The Durham Chamber is pleased to welcome three new Durham 2.0 investors – Akridge, Cree and EY.

Akridge is a comprehensive real estate services company that has invested in the Washington Metropolitan area for over four decades and are now branching out into the Triangle. It provides acquisitions, design and construction management, development, finance and asset management, leasing, and property management services. For over 40 years, the company has acquired, developed, or entitled more than 14 million square feet of office, industrial flex, residential, retail, and entertainment space. Akridge, in concert with Northwood Ravin, plans to build a 10-story, 240,000 square-foot office tower on the former Elkins Chrysler dealership property. The tower, dubbed 555 Mangum, will include retail space on the ground floor, a penthouse conference room, a rooftop lounge and terrace overlooking the American Tobacco Campus and the Durham Bulls Athletic Park.

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Cree is a market-leading innovator of lighting-class LEDs, lighting products and semiconductor products for power and radio frequency (RF) applications. Cree believes in better light experiences and is delivering new innovative LED technology that transforms the way people experience light through high-quality interior and exterior LED lighting solutions.

Cree’s product families include LED lighting systems and bulbs, blue and green LED chips, high-brightness LEDs, lighting-class power LEDs, power-switching devices and RF devices. Cree’s products are driving improvements in applications such as general illumination, electronic signs and signals, power supplies and inverters.

For additional product and Company information, please refer to

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit

We are so proud to have these three amazing companies join the Durham 2.0 team and look forward to engaging them continue to grow Durham.

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