Centrex Properties was established by the Kadis family in Goldsboro, NC around 1905, when C.Z. Kadis settled there from Durham. What started as a single retail-clothing store opened by his son, Isaac, grew into a small group of retail clothing stores over the next 60 years located in Eastern NC. In the mid-to-late 60’s following the entry of the third generation into the company by Isaac’s two sons, Harold, and Robert, the family exited the retail business and progressively entered the real estate development business. Subsequent developments, and acquisitions, over the next 50 years, included shell homes, apartments, limited service hotels, land development, office buildings, and retail shopping centers.
In 2005, Centrex relocated the company from Goldsboro to Raleigh, NC, to broaden the focus of the company on larger urban areas in North Carolina. Many years later, the company exited the hotel business, to consolidate and concentrate its activities in retail shopping centers and office buildings. The company is now led by the fourth generation of the family Jonathon and Danny Kadis, both having joined the company in the early 1990’s and who are continuing the company’s growth through acquisitions and new developments, as opportunities present themselves.