Loozieloo Children’s Boutique Grand Opening

Congratulations to our wonderful client Loozieloo on the opening of their first brick and mortar store! Check them out for a wide selection of baby and children clothing, toys, essentials, accessories, and other gifts. Located at 2045 Renaissance Park Place Cary, NC.

Broker James Troxler represented Loozieloo in their search for the perfect space and General Contractor Jack Forbes assisted with the construction work.

New Accounting Services Client

York is excited to welcome Hargett East, downtown Raleigh’s newest modern townhome development, as our latest Accounting Services client.

These 4 luxury townhomes are steps away from Moore Square and all of Raleigh’s best restaurants and shopping.

Property Accountant Michele Anderson-Russell is pleased to be working with the Hargett East association board!

Construction Continues for Vertical Mixed-Use Community 400H in Downtown Raleigh

Construction is ongoing for 400H – the first vertical mixed-use project within the Glenwood South and Warehouse Districts in downtown Raleigh. Estimated delivery for this site is Fall 2023.

The project layout is designed as follows:

  • 20 stories
  • 11 Apartment Levels
  • 16,000 SF Street Level Retail
  • 150,000 SF Office Space
  • 8,300 SF Shared Amenities

We are excited for the opportunity to activate and manage the 16,000 SF of retail space in this project!

For more information about retail leasing, contact John Koonce.

Capital Square’s Groundbreaking of 320 West South Street Mixed-Use Development

Capital Square broke ground last week on their luxury mixed-use multifamily and retail development located at 320 West South Street. The 20-story high-rise will include nearly 300 apartment homes and 10,000 SF of retail, which we are excited to have a part in activating!

320 West South Street is located in Raleigh’s Warehouse District, within easy walking distance of dining, nightlife, transportation hubs, and venues including RedHat Amphitheater and Raleigh Union Station.

Capital Square is a national real estate firm specializing in tax-advantaged real estate investments. Founded in 2012, Capital Square has more than $2 billion in equity raised.

To learn more about their current projects, visit their website.

Raleigh Union Station wins NACE Award

On Tuesday, March 8th, Raleigh Union Station was presented with a NACE Triangle of Excellence award for “Best Team Event” for our Palm Springs Event Planners Brunch.

The event was produced by our event staff and the City of Raleigh.  We are very excited to work with so many industry pros including:

Fresh Affairs  ·  C&D Collective  ·  Aneesa Glines  ·   CE Rental Raleigh  ·  Alyssa Ruth  ·  Arie Corin Events  ·  Kelli Ranck Harrison  ·  McCormick Creations & Co.

The awards gala was held at Raleigh Union Station and our RUS Events Manager, Karen Clymer, was there to accept the award.

360 Photo Booth Video with RUS Events Manager, Karen Clymer

Gateway Plaza Welcomes Newest Tenant

Levitate, with its “Keep-In-Touch Marketing” philosophy recently opened at Gateway Plaza Shopping Center on Crabtree Boulevard in Raleigh.

Levitate competes with email service companies like Mailchimp by providing more intimate communication tools, like reminders to message a customer personally, notes on previous conversations and analytical breakdowns of outreach. The company also provides marketing coaches to offer strategic support.

Leviate

 

Bona Furtuna Coming to the Market

Keep an eye out for a fantastic new brand coming soon to Triangle grocers.

Luxury olive oil, pasta, sauce and seasonings maker, Bona Furtuna, has signed a lease for 5,100 square feet at 2205 Westinghouse Boulevard, Raleigh. The location will be a packaging and distribution facility for products from the company’s namesake – Bona Furtuna farm in Corleone, Sicily.

York broker, Brian Wallace, was privileged to provide tenant representation.

More about Bona Furtuna

Welcoming The Wade – Raleigh’s Newest Condominium

Beacon Street Hits the Mark

From the Triangle to NCs inner coastal communities, Beacon Street Development has made a name for itself by designing and developing traditional, high-end condominiums like Fairview Row and waterfront neighborhoods like Moss Landing. Its design approach is inspired by great places and architecture, contextualized to create livability and enduring value for its neighbors.

Beacon Streets newest project is The Wade, a twenty-nine unit condominium situated on the edge of Hayes Barton neighborhood within walking distance of Cameron Village and Fletcher Park in Raleigh. York is pleased to manage The Wades Condominium Association. The Wade began welcoming residents in November 2019 and currently has only 4 residences remaining.

Condos during COVID – A Tough Sell?

Condominium development in Raleigh, generally, has historically been a hurdle. The last condo boom was right before the great recession when several projects had to convert to apartments or sell in foreclosure. Today, a world-wide pandemic offers new challenges to condominium ownership, even in a hot housing market.

However, according to Justin Hime, Assistant Project Manager for the Wade, sales have been steady at The Wade, even enjoying an uptick during the summer. Residents have formed bubble communities with each other – taking advantage of the ownersretreat, rooftop terrace garden and private balconies for socially-distanced small gatherings.  In many ways the condominiums residents feel safer and less isolated than if they were living in single family homes. The pandemic has also brought a few college-aged kids and young adults back under their parentsroofs, filling up those second and third bedrooms.

When asked about the mix of residents, Hime reported that about 50% of the residents are from the area or have family here and the other 50% were swayed by Raleighs accolades to relocate. Hime also mentioned there is a healthy mix of young professionals, empty nesters and retirees that makes for great, supportive inter-generational living and friendships.

Its a Dogs Life

The buildings two much-beloved dogs are local celebrities with the residents and enjoy not one, but two, dog runs along with a dog wash (which is probably less enjoyed). Other building amenities include a fitness center– where residents take turns to keep everyone safe and the rooftop terrace peaking over trees to Raleighs downtown skyline. And of course, the location, is a big draw.

We are pleased to welcome The Wade to York and we thank Justin Hime for sharing insights.