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Cushman & Wakefield to Lease, Provide Property Management for Eight-Building Office/Flex Campus

10/21/2020
King Street Properties of Boston and Nuveen Real Estate have announced plans for improvements designed to enhance the tenant experience for EastRidge at Perimeter Park, an eight-building single-story office/flex/life science campus located in Morrisville, North Carolina.

EastRidge at Perimeter Park

“Eastridge at Perimeter Park provides a unique opportunity to take a well-conceived campus, in a great location, with solid tenancy, to the next level,” said Rob Albro of King Street Properties. “Capital improvements, along with significant investment in tenant spaces, will make Eastridge a desirable location for all types of tenants, especially research and development and life science focused companies.”

“Eastridge at Perimeter Park sits in a great location with a pleasant campus feel,” added Andrew Pyke of Nuveen Real Estate. “Our capital improvement plan will further improve the tenant experience and cement Eastridge as a premier campus in the Raleigh/Durham market.”

Updates to the park will include a new amenity building with an upgraded fitness center, conference center, meeting rooms, and an expanded food experience. Additionally, ownership will be upgrading parking lots with new monument/wayfinding signage and enhancing outdoor seating/courtyards.

Mac Hammer, Kent Honeycutt and Doug Cook of Cushman & Wakefield have been retained to oversee leasing of the campus and Eve Pilkington of Cushman & Wakefield will oversee property management.

“EastRidge at Perimeter Park is a prime location for tenants who are seeking a premier campus environment,” Hammer said. “The upgrades Nuveen and King Street Properties are making will further elevate the presence of this property in the market.” 

Encompassing a beautifully landscaped park setting centrally located near Research Triangle Park and RDU International Airport, the 477,485-square-foot campus is home to technology companies and laboratory users that are part of the Research Triangle Park dynamic.

EastRidge at Perimeter Park is fully sprinklered with HVAC in 100% of the buildings and offers individual signage. Current on-site amenities in the 900 Building include public Wi-Fi, a fitness center with a yoga studio and lockers, a training center, a conference room and an open collaboration room. A variety of banks and restaurants are located within one mile of the property.

 

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake External Link on Twitter.

 

Media Contact

Savannah Durban Atlanta Communications
Savannah Durban

Senior Communications Specialist, South Region • Atlanta

Ms. Durban leads public relations for Cushman & Wakefield's South region. She oversees media relations, thought leadership initiatives, and manages blogs and social media.