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Fallon, Barings Form Joint Venture to Recapitalize Downtown Raleigh Office Project

Construction on Raleigh Crossing Office Tower Roughly 50% Complete
Under-construction office tower 301 Hillsborough totals 280,381 square feet and includes 12,162 square feet of ground-floor retail space. (Barings)
Under-construction office tower 301 Hillsborough totals 280,381 square feet and includes 12,162 square feet of ground-floor retail space. (Barings)
By Kaden Wuchner
CoStar Research
January 14, 2021 | 5:00 P.M.

Boston-based developer The Fallon Co. and global investment manager Barings have formed a joint venture to recapitalize 301 Hillsborough, an under-construction, 19-story office tower in downtown Raleigh, North Carolina.

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