Highwood Properties Proposes 166,000-SF Glenlake Park Development After Preleasing Hits 25%
Highwoods Properties is set to begin construction on its fourth suburban office building
at its Glenlake office park in Raleigh, where it has already developed three office properties totaling 440,000 square feet.
The new $35.8 million development is 25% preleased according to Highwoods, and would add more than 166,000 square feet of office space
with structured parking. Tenants that have committed to lease space in the new building include a pair of law firms, Ellis & Winters LLP and Hedrick Gardner Kincheloe & Garofalo LLP.
Construction is tentatively planned to begin during the fourth quarter of 2013 and reach completion in early 2015.