One of downtown Raleigh’s food halls is for sale. Here’s why
AI-generated summary reviewed by our newsroom.
- Transfer Co. Food Hall in downtown Raleigh is listed for sale after 7 years.
- The site includes nine food vendors, a bar and Burial Beer Co.
- Property co-owner Jason Queen will keep his restaurant Mama Crow's at the site.
Transfer Co. Food Hall is for sale.
The popular food hall in downtown Raleigh opened seven years ago in a former bus garage, built in the 1920s.
It is co-owned by Jason Queen, the founder and owner of brokerage Monarch Realty Co. Queen also owns Mama Crow’s, a Transfer vendor specializing in burgers and salads.
Selling the food hall has always been the plan, Queen told The News & Observer in a phone call.
York Properties is listing the property at 500 E. Davie St., which houses a bar and nine food vendors — Mama Crow’s, Benchwarmers Bagels, Alimentari at Left Bank, Captain Cookie and the Milk Man, Dank Burrito, Yatai, Che Empanadas, Chhote’s and Bul Box — and a bar in the main space. Asheville’s Burial Beer Co. also has a presence on the property, with its own entrance.
In addition to the vendors, the property features gathering spaces including the ballroom, loft, outdoor patio and lift bay.
“The property offers a diverse tenant mix, strong in-place income, and significant value-add potential,” according the property listing flyer.
The flyer does not include a listing price, but the appraised value is around $4.14 million, according to Wake County real estate records.
Triangle Business Journal first reported this news.
Food halls in the Triangle
Work to transform the old Stone’s Warehouse into the 26,634-square-foot food hall began years before it finally opened in late 2018.
As Transfer Co. Food Hall was opening, the food hall concept was gaining momentum across the Triangle.
The Davie Street spot came months after downtown Raleigh’s other food hall, Morgan Street Food Hall, opened in the Warehouse District.
It also followed the Blue Dogwood Public Market in Chapel Hill, which has since closed. The Durham Food Hall opened in 2020.
This story was originally published September 11, 2025 at 12:48 PM with the headline "One of downtown Raleigh’s food halls is for sale. Here’s why."
