Crabtree Terrace / Raleigh, North carolina
Class A Office Development in Glenwood submarket
New Class A, six-story 173,468 square foot office building in Glenwood submarket – one of the strongest performing commercial districts in North Carolina’s Triangle region
Property will have signalized vehicular and pedestrian access shared with Crabtree Valley Mall and will offer a mixture of convenient parking options with both a surface lot and a six-story parking deck
Northridge is developing the project on a joint-venture partnership with a strong locally based developer with whom it has completed several successful prior transactions
Property is 30% pre-leased with strong leasing activity.
Northridge closed on the site in December 2017 with expected completion by year-end 2019