{"id":1004711115,"date":"2024-04-19T11:07:21","date_gmt":"2024-04-19T19:07:21","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004711115"},"modified":"2024-04-22T05:23:49","modified_gmt":"2024-04-22T13:23:49","slug":"highwoods-properties-inks-research-triangle-hq-lease","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/highwoods-properties-inks-research-triangle-hq-lease\/","title":{"rendered":"Highwoods Properties Inks Research Triangle HQ Lease"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-medium is-resized\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004711118\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/highwoods-properties-inks-research-triangle-hq-lease\/download-1-4\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/download-1.jpg\" data-orig-size=\"1000,750\" data-comments-opened=\"0\" 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=\"download-1\" data-image-description=\"&lt;p&gt;Property at 11000 Weston Parkway, Cary, N.C.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Property at 11000 Weston Parkway, Cary, N.C.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/download-1.jpg?w=1000\" height=\"225\" width=\"300\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/download-1.jpg?w=300\" alt=\"Property at 11000 Weston Parkway, Cary, N.C.\" class=\"wp-image-1004711118\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/download-1.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/download-1.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/download-1.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><figcaption class=\"wp-element-caption\">Railinc will move more than 300 employees and contractors to 11000 Weston Parkway in early 2025. <em>Image courtesy of JLL<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Railinc has signed a leasing agreement for 56,371 square feet of office space at 11000 Weston Parkway, a Class A office campus in Cary, N.C., owned by Highwoods Properties. JLL represented Railinc in the transaction.<\/p>\n\n\n\n<p>The railroad and tech solutions provider will relocate to the new space in the first quarter of 2025. Railinc is currently based at 7001 Weston Parkway, which is also part of Highwoods Properties&#8217; portfolio, CommercialEdge data shows.<\/p>\n\n\n\n<p>The 11000 Weston Parkway building is part of Highwoods\u2019 Lakeview at Weston office complex, which also includes 11800 Weston Parkway. According to the same source, a third office building\u201410900 Weston Parkway\u2014is in the planning and permitting stages.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-cyan-bluish-gray-color has-alpha-channel-opacity has-cyan-bluish-gray-background-color has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/perspective-is-everything-in-the-capital-markets\/\">Perspective Is Everything in the Capital Markets<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-cyan-bluish-gray-color has-alpha-channel-opacity has-cyan-bluish-gray-background-color has-background is-style-wide\"\/>\n\n\n\n<p>Completed in 1998 and renovated in 2019, 11000 Weston Parkway provides 178,300 square feet of office space across four stories, with floorplates measuring 44,575 square feet. The LEED Gold-certified lakefront building features a gym, jogging trails, bike storage, indoor and outdoor collaborative spaces, as well as a Take 5 Caf\u00e9, among other amenities.<\/p>\n\n\n\n<p>Notable tenants include Xerox, SBM Life Science Corp. and Transamerica Agency Network.<\/p>\n\n\n\n<p>Located off Lake Crabtree, the property is 5 miles south of Interstate 40, some 4 miles northwest of downtown Cary and nearly 6 miles south of Raleigh-Durham International Airport. Railinc\u2019s current headquarters is less than 1 mile away.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-jll-led-raleigh-durham-deals\">JLL-led Raleigh-Durham deals<\/h2>\n\n\n\n<p>JLL Managing Director Kimarie Ankenbrand and Executive Vice President Ryan Lawrence represented Railinc in the lease.<\/p>\n\n\n\n<p>Earlier this month, JLL Capital Markets brokered Highwood Properties\u2019 sale of an <a href=\"https:\/\/www.commercialsearch.com\/news\/highwoods-properties-sells-79m-raleigh-mob-portfolio\/\">eight-building medical office portfolio<\/a> in Raleigh, N.C. The portfolio comprises 338,000 square feet and sold for $79.4 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A rail data services provider is relocating from a nearby space.<\/p>\n","protected":false},"author":3471,"featured_media":1004711118,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21742,21747,1604,32781],"tags":[52192],"class_list":["post-1004711115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-latest","category-office","category-raleigh-durham","category-southeast","tag-highwoods-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Highwoods Properties Inks Research Triangle HQ Lease - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Railinc has signed a leasing agreement for 56,371 square feet of office space at 11000 Weston Parkway, a Class A office campus in Cary, N.C.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/highwoods-properties-inks-research-triangle-hq-lease\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Highwoods Properties Inks Research Triangle HQ Lease\" \/>\n<meta property=\"og:description\" content=\"Railinc has signed a leasing agreement for 56,371 square feet of office space at 11000 Weston Parkway, a Class A office campus in Cary, N.C.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/highwoods-properties-inks-research-triangle-hq-lease\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-19T19:07:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-22T13:23:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/download-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Claudiu Tiganescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/highwoods-properties-inks-research-triangle-hq-lease\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/highwoods-properties-inks-research-triangle-hq-lease\/\",\"name\":\"Highwoods Properties Inks Research Triangle HQ Lease - 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