The select top office lease signed during the second quarter of 2013 in the Raleigh/Durham market was at Danbury Hall in the RTP/RDU submarket. MetLife leased 116,300 square feet. Tri Properties represented the landlord.
IPREO leased 22,978 square feet at One Bank of America Plaza in the Downtown Raleigh submarket. Cassidy Turley represented the landlord, while Lincoln Harris represented the tenant.
Cardinal Innovations Healthcare Solutions leased 18,219 square feet at the Eastridge Office Center in the Orange County submarket. Synergy Commercial Advisors represented the landlord, while NAI Southern Real Estate represented the tenant.
This trend is compared to the U.S. National Office
largest lease signings occurring in Q2 2013, which include the 551,454-square-foot renewal deal signed by the Department of Defense at the Zachary Taylor Bldg in the Washington DC market; the 546,604-square-foot lease signed by Conoco Phillips at Energy Center Three in the Houston market; the Transportation Security Administration's 545,747-square-foot renewal deal at Pentagon City in the Washington DC market; and the 522,862-square-foot renewal deal signed by Simpson Thacher & Bartlett LLP at 425 Lexington Ave. in the New York City market.
The information in this news report is based on CoStar’s Second Quarter 2013 Market Report, a 40+ page comprehensive research report available to CoStar subscribers. To learn more about quarterly research reports and other benefits available to CoStar subscribers, please call 888-226-7404.