Our Latest Brokerage Assignment

York Properties is pleased to announce that it has been selected to provide landlord representation services for North Carolina State University. York is the exclusive leasing agent for more than 460,000 SF of office space on Centennial Campus and retail space on Hillsborough Street.

Centennial Campus offers much more than just office space; it also provides unique opportunities to partner with some of the brightest minds from industry, government and the academy.  The broker team working with NC State’s Real Estate and Development office includes John Koonce, Skipper Day, Robert Hoyt, Malcom Lewis and Julie Paul.

 

Market Insights – Fuquay-Varina, NC

In 1963, the town of Fuquay Springs, site of a hot springs renowned in the region, joined the neighboring community of Varina, crossroads of two timber rail lines. Thus, Fuquay-Varina was born and has become one of Southern Wake County’s fastest growing towns.

According to the US Census, the town has grown 68.3% from April 2010 to July 2019, with no slowing in sight. The estimated current population is more than 33,000 residents, with some 2,000+ housing units actively under construction and many more planned. The construction of the southern loop of 540 will continue to accelerate Fuquay-Varina’s growth and developers have taken notice. Several new major mixed-use developments, including Bengal Town Center and Bellchase, have recently been announced and will add 1,000,000+ SF of office and retail along with hundreds of residential units.

Boasting two charming historic downtowns, Fuquay-Varina retains a small Southern town feeling. However, its adjacency to Research Triangle Park and Raleigh with access to high-paying jobs and Wake County’s excellent school system, Fuquay-Varina is well poised for major growth.