{"id":1004142723,"date":"2016-04-27T02:05:36","date_gmt":"2016-04-27T10:05:36","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004142723"},"modified":"2020-05-19T00:10:37","modified_gmt":"2020-05-19T08:10:37","slug":"cbreraleigh-wins-leasing-assignment-for-renaissance-center-in-durham","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cbreraleigh-wins-leasing-assignment-for-renaissance-center-in-durham\/","title":{"rendered":"CBRE|Raleigh Wins Leasing Assignment for Renaissance Center in Durham"},"content":{"rendered":"<p><em>By Adriana Pop, Associate Editor <\/em><\/p>\n<p><strong>Durham, N.C<\/strong>.\u2013<a href=\"https:\/\/www.inventrustproperties.com\/\" rel=\"nofollow\" target=\"_blank\">InvenTrust Properties<\/a> has retained <a href=\"https:\/\/www.cbre.us\/o\/raleigh\/Pages\/home.aspx\" rel=\"nofollow\" target=\"_blank\">CBRE|Raleigh<\/a> as its exclusive leasing agent for the <a href=\"https:\/\/www.commercialsearch.com\/news\/retail\/\" target=\"_blank\">retail<\/a> and <a href=\"https:\/\/www.commercialsearch.com\/news\/office\/\" target=\"_blank\">office<\/a> portions of Renaissance Center, a mixed-use property located across from The Streets at Southpoint in Durham.<\/p>\n<div id=\"attachment_1004142726\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Renaissance-Center-Durham-N.C..jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004142726\" data-attachment-id=\"1004142726\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cbreraleigh-wins-leasing-assignment-for-renaissance-center-in-durham\/renaissance-center-durham-n-c\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Renaissance-Center-Durham-N.C..jpg\" data-orig-size=\"867,600\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Renaissance Center, Durham, N.C.\" data-image-description=\"&lt;p&gt;Renaissance Center, Durham, N.C.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Renaissance Center, Durham, N.C.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Renaissance-Center-Durham-N.C..jpg?w=867\" class=\"wp-image-1004142726 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Renaissance-Center-Durham-N.C..jpg\" alt=\"Renaissance Center, Durham, N.C.\" width=\"300\" height=\"208\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Renaissance-Center-Durham-N.C..jpg 867w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Renaissance-Center-Durham-N.C..jpg?resize=300,208 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Renaissance-Center-Durham-N.C..jpg?resize=768,531 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004142726\" class=\"wp-caption-text\">Renaissance Center, Durham, N.C.<\/p><\/div>\n<p>Earlier this month, the Oak Brook, Ill.-based company acquired the 363,176-square-foot retail and office asset <a href=\"https:\/\/www.commercialsearch.com\/news\/n-c-retail-power-center-commands-129-2m\/\" target=\"_blank\">for $129.2 million<\/a>. At the time of sale, the property was 96 percent occupied.<\/p>\n<p>Located at 7001 Fayetteville Road, Renaissance Center offers high exposure at the intersection of I-40 and Fayetteville Road. A mix of national and local companies are among the property\u2019s tenants, including Nordstrom Rack, Old Navy, Cost Plus World Market, REI, Babies \u201cR\u201d Us and Best Buy.<\/p>\n<p>The firm\u2019s Retail Services team comprising Charlie Coyne, senior vice president, as well as Matt Larson, vice president and Tiffany Barrier, senior associate, will be leading the leasing efforts for the retail component of the center. Meanwhile, the leasing efforts for the office portion of the project will be led by Brian Carr, senior vice president with CBRE|Raleigh\u2019s Agency Services team.<\/p>\n<p>CBRE|Raleigh is a joint venture between local principals and <a href=\"https:\/\/www.cbre.com\/\" rel=\"nofollow\" target=\"_blank\">CBRE Group<\/a>. The firm, which serves the Triangle region, completed $1.3 billion of sales and leasing transactions in 2015.<\/p>\n<p><em>Image courtesy of CBRE|Raleigh<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>InvenTrust Properties has selected CBRE|Raleigh to handle the leasing responsibilities for the retail and office portions of Renaissance Center in Durham. <\/p>\n","protected":false},"author":260,"featured_media":1004142726,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21742,21747,1604,21749],"tags":[],"class_list":["post-1004142723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-latest","category-office","category-raleigh-durham","category-retail"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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