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So far Raleigh has created 31 blog entries.

Alidade Capital Selects Cushman & Wakefield to Manage 1,142,575 SF Raleigh-Durham Office Portfolio

Cushman & Wakefield has been selected for management assignments at several properties located in the Raleigh-Durham region on behalf of Alidade Capital. Eve Pilkington leads Cushman & Wakefield’s property management team. “The addition of these fantastic assets to our award-winning property management portfolio is indicative of our reputation for providing superior service supported by a proven platform executed by experienced professionals,” Pilkington said. “We are grateful for the opportunity to work with Alidade Capital and look forward to demonstrating why our managed assets represent some of Raleigh’s best places to work.” The properties include: 2000, 3300, 3333, 3700, and 8000 Regency Parkway, part of Regency Office Park in Cary, North Carolina, totaling 388,381 square feet. The Gateway Centre Office Park comprising 2100, 2200 & 3800, 3200 Gateway Centre in Morrisville, North Carolina, totaling 304,138 square feet.  Triangle Business Center, comprising 4020 and 4022 Stirrup Creek in Durham, North Carolina, totaling [...]

By |2019-10-01T10:15:44-04:00September 18th, 2019|In the News|0 Comments

Cushman & Wakefield Secures 19,312 SF Lease for Funcom

Independent Online Game Developer Expands Presence in Durham, North Carolina Cushman & Wakefield has arranged a 19,312-square-foot lease for Funcom Inc., an independent developer and publisher of online games for PC and consoles, at Brighton Hall Imperial Center located at 1101 Slater Road in Durham, North Carolina. Dave Fleming and Jeff Stephens of Cushman & Wakefield represented Funcom in the lease negotiations, and JLL represented NNE Pharma, the sublessor. “Funcom provides a Scandinavian mindset when it comes to a work/life balance, what we offer our team/employees and what we do for the community,” said Paxton Galvanek, HR and Talent Acquisition Manager at Funcom. “The new space secured at Brighton Hall on Slater Road provides Funcom with ample space and superior comfort to our employees so they can continue to make great games." Palvanek continued, “Within our new space we will have a ‘User Experience Lab’ to better test our games, [...]

By |2019-10-01T10:08:54-04:00September 18th, 2019|In the News|0 Comments

Venture X Expands Nationwide Coworking Footprint with New Location in Raleigh-Durham

The rapidly-growing flexible workspace provider will occupy 21K SF in Research Triangle Park. Coworking space franchise Venture X is expanding into the Raleigh-Durham market with a new 21,733-square-foot (sf) flexible office space on the Frontier RTP innovation campus at 600 Park Offices Dr. in Research Triangle Park. Cushman & Wakefield’s team of Ryan Hoopes, Sarah Savage, Tom Sutherland, Jeff Stephens and David Fleming represented Venture X in their property search and lease negotiations. Venture X works with franchisees to establish high-level, boutique hotel-style coworking spaces, both across the country and internationally. The company has expanded rapidly over the last few years and celebrated signing its 100th franchise location in July. The Raleigh-Durham coworking space will be the company’s second location in North Carolina, as a Venture X is scheduled to open soon in Charlotte. Research Triangle Park was an ideal target for a Venture X location, with a variety of [...]

By |2019-08-23T12:17:17-04:00August 23rd, 2019|In the News|0 Comments

Grady Matthews Named Managing Principal of Cushman & Wakefield’s Raleigh-Durham Office

Commercial Real Estate Veteran will Lead Firm’s Raleigh-Durham Operations Cushman & Wakefield has named Grady Matthews Managing Principal for its Raleigh-Durham office. Matthews, a former executive and partner in two of North Carolina’s top real estate companies since 2000, will now oversee strategic growth and business development efforts for the firm’s business in the Raleigh-Durham market. Rich Harris, who did a masterful job leading the Raleigh-Durham office the past five years, will remain with Cushman & Wakefield and focus solely on his tenant representation practice. “Grady is a very impressive leader with a diverse background in commercial real estate brokerage, development, finance and construction,” said John F. O’Neill, III, President of Cushman & Wakefield’s Southeast and South Central regions. “His extensive expertise creates an opportunity to enhance our service lines and client experience. In addition, Grady’s desire to uphold the culture that has made our firm a ‘Best Place to [...]

By |2019-06-03T12:06:54-04:00June 3rd, 2019|In the News|0 Comments

Cushman & Wakefield Arranges $16M Sale for Artesia Real Estate

Cushman & Wakefield has arranged the $16 million sale of Fox Ridge Manor, a 164-unit apartment community located in Raleigh, North Carolina. Watson Bryant, Jordan McCarley and Paul Marley of Cushman & Wakefield represented the seller, Artesia Real Estate, in the transaction. EBEX Holdings and Friedlam Partners acquired the property. “Fox Ridge Manor was an excellent opportunity to provide clean, attractive housing to residents priced out of the urban core, while still providing a strong return to our investors,” said Matthew Taylor, Investment Associate of Artesia Real Estate. “We are pleased to transact once again with Cushman & Wakefield and EBEX Holdings/Friedlam Partners, and look forward to continuing to invest in the Raleigh-Durham market. We see a great deal of potential in North Carolina and plan to be long-term investors in the market.” Built in 1972, Fox Ridge Manor is comprised of a unique set of two- and three-bedroom townhome [...]

By |2019-04-24T16:26:12-04:00April 25th, 2019|In the News|0 Comments

Eve Pilkington Joins Cushman & Wakefield to Lead Asset Services in Raleigh-Durham

RALEIGH-DURHAM, March 28, 2019 – Cushman & Wakefield announced today that commercial real estate veteran, Eve Pilkington, has joined the firm to lead Raleigh-Durham’s Asset Services. Pilkington will be responsible for growing the firm’s business in Central and Eastern North Carolina, which currently includes a property management portfolio of more than 7 million-square-feet. She will primarily focus on serving Cushman & Wakefield’s current clients, pursuing new business, recruiting, and overseeing day-to-day operations. She joins Cushman & Wakefield from Trinity Partners, where she served as Director of Property Management. At Cushman & Wakefield, Pilkington will report to Rich Harris, Managing Principal for the Raleigh-Durham office. “We are very excited to bring on a leader of Eve’s caliber,” said Harris. “She is highly regarded in the commercial real estate industry by owners and brokers alike. I had the pleasure of working with Eve at a former firm for more than a decade [...]

By |2019-03-28T12:15:20-04:00March 28th, 2019|In the News|0 Comments

Cushman & Wakefield Arranges Sale of Class A, Newly Constructed Office Building

Legacy at Brier Creek RALEIGH-DURHAM, NC, FEBRUARY 14, 2019 – Cushman & Wakefield is pleased to announce the sale of Legacy at Brier Creek – a 100% leased, Class A Office building located within Raleigh-Durham’s master-planned Brier Creek development. Legacy at Brier Creek was developed by Heritage Properties, Inc. and its joint venture partner Alex. Brown Realty, Inc. and delivered in December 2017. The four-story, 117,138 square foot building is anchored by Infosys - a testament to the Triangle’s continued growth as a strong tech market. The seller was represented by Cushman & Wakefield’s Southeast Office Capital Markets Group. David Finger and Sara Owen of the Raleigh-Durham, NC office led the sales effort, along with David Meline and Samir Idris of Atlanta, GA. The property was sold to a member company of Zurich North America (Zurich), advised by Zurich Alternative Asset Management, LLC (ZAAM), its alternative investment adviser. [...]

By |2019-02-14T08:43:17-04:00February 14th, 2019|In the News|0 Comments

Cushman & Wakefield’s Deb Boucher and Kathryn Lawn Win Triangle Business Journal Space Award

Duo Recognized for Triangle’s Top Flex Deal in 2018 Deb Boucher and Kathryn Lawn at Triangle Business Journal SPACE awards dinner Cushman & Wakefield announced that life science industry brokers Deborah Boucher and Kathryn Lawn were recognized at the annual Triangle Business Journal Space Awards, which honor the commercial real estate industry’s top professionals and companies. Boucher and Lawn took home the award for the region’s top flex lease in 2018 for their representation of KBI Biopharma, a biopharma contract development and manufacturing organization based in Research Triangle Park (RTP). KBI Biopharma signed a lease for a 60,000 square-foot (sf) office and lab facility, and subsequently expanded into an additional 45,000 sf of adjacent space later in the year. The newly renovated office and lab building is located at Venture at Imperial Center on Triangle Drive and Highway 54 in the Research Triangle Park submarket. The company’s new [...]

By |2019-02-01T14:04:56-04:00February 1st, 2019|In the News|0 Comments

Cushman & Wakefield Represents Union Bank & Trust in Partial Sale-Leaseback Transaction

Raleigh-Durham Capital Markets Team Arranges Sale of 2235 Gateway Access Point RALEIGH-DURHAM, NC, December 11, 2018 – Cushman & Wakefield today announced the sale of 2235 Gateway Access Point, a mixed-use office and retail development located at the intersection of Lake Boone Trail and Gateway Access Point in West Raleigh. Cushman & Wakefield Managing Director David Finger and Director Sara Owen represented the seller, Union Bank & Trust, in the sale of the Class A office building totaling 45,746 square feet. As part of the transaction, Union Bank & Trust signed a lease for a portion of space in the building, which it and its predecessors have occupied since the building’s construction in 2007. Griffin Partners acquired the building and is now the sole owner of all four buildings located within the Marketplace at Lake Boone development. About Union Bank & Trust Headquartered in Richmond, Virginia, Union Bankshares Corporation (Nasdaq: UBSH) [...]

By |2019-01-06T11:55:24-04:00December 11th, 2018|In the News|0 Comments

Cushman & Wakefield Arranges Sale of Imperial Center’s Carlisle Place & Stratford Hall

Stratford Hall Carlisle Place Southeast Capital Markets Group Represents Seller in Portfolio Disposition RALEIGH-DURHAM, NC, December 3, 2018 – Cushman & Wakefield today announced the sale of Carlisle Place and Stratford Hall within Imperial Center in Durham, North Carolina. Cushman & Wakefield’s Southeast Regional Investment Sales Group, represented the seller, Bridge Investment Group, in the transaction of the two Class A office assets totaling 197,000 square feet. OA Development, Inc. acquired the buildings, adding to its existing holdings within Imperial Center. The two Class A buildings were 85 percent leased at closing to major tenants including Bioventus and Accord Healthcare. Cushman & Wakefield’s Equity, Debt, & Structured Finance Team in Atlanta arranged financing for OA Development, Inc. and Cushman & Wakefield’s Raleigh-Durham Landlord Agency Leasing Team has been appointed as the primary leasing agency for the portfolio. About Bridge Investment Group Bridge Investment Group is a [...]

By |2019-01-06T11:48:39-04:00December 3rd, 2018|In the News|0 Comments