{"id":1004786722,"date":"2026-02-05T03:22:55","date_gmt":"2026-02-05T11:22:55","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004786722"},"modified":"2026-02-05T03:40:20","modified_gmt":"2026-02-05T11:40:20","slug":"drawbridge-realty-inks-hq-lease-in-research-triangle","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/drawbridge-realty-inks-hq-lease-in-research-triangle\/","title":{"rendered":"Drawbridge Realty Inks HQ Lease in Research Triangle"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a0caa33e6808&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-large is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004786718\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/imperial_tower\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/02\/Imperial_Tower.jpg\" data-orig-size=\"1600,1240\" 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=\"Imperial_Tower\" data-image-description=\"&lt;p&gt;Image sent in email from a2n2 PR on Feb. 3.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Two separate firms have now announced plans to relocate their headquarters to Imperial Tower. Image courtesy of Drawbridge Realty&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/02\/Imperial_Tower.jpg?w=1024\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" height=\"794\" width=\"1024\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/02\/Imperial_Tower.jpg?w=1024\" alt=\"A photo of Imperial Tower\" class=\"wp-image-1004786718\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/02\/Imperial_Tower.jpg 1600w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/02\/Imperial_Tower.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/02\/Imperial_Tower.jpg?resize=768,595 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/02\/Imperial_Tower.jpg?resize=1024,794 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/02\/Imperial_Tower.jpg?resize=1536,1190 1536w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Two separate firms have now announced plans to relocate their headquarters to Imperial Tower. <em>Image courtesy of Drawbridge Realty<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Drawbridge Realty has signed Victra, the country\u2019s largest authorized Verizon retailer, to a 43,665-square-foot, long-term lease at Imperial Tower in Durham, N.C. Victra will relocate its headquarters to the 11-story, 264,598-square-foot tower.<\/p>\n\n\n\n<p>Victra\u2019s current headquarters is at Colonnade II, a 26,363-square-foot office building in Raleigh, N.C., owned by Allegiancy.<\/p>\n\n\n\n<p>Drawbridge purchased Imperial Tower from Franklin Street Properties for $89.7 million in 2020, according to Yardi Matrix. The LEED Silver-certified building opened in 2009 and contains 26,000-square-foot floorplates.<\/p>\n\n\n\n<p>Imperial Tower is currently undergoing a $10 million renovation that will add new common areas and amenities, including a caf\u00e9, golf simulator, fitness center with locker room and showers, game and wellness rooms, patio, athletic fields and sports courts. The upgrades are scheduled to be completed by the summer of 2026.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO: <\/strong><a href=\"https:\/\/www.commercialsearch.com\/news\/office-report-as-vacancy-eases-coworking-bridges-the-gaps\/\">January 2026 Office Report<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>The building is currently vacant, according to the <a href=\"https:\/\/www.bizjournals.com\/triangle\/news\/2025\/12\/09\/imperial-tower-durham-aspida-office-space-lease.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><em>Triangle Business Journal<\/em><\/a>. Life sciences firm Iqvia previously occupied the entire tower but vacated the space in 2023.<\/p>\n\n\n\n<p>In December 2025, Aspida Financial Services, a life insurance and annuities firm, signed a 90,000-square-foot lease at Imperial Tower. While Aspida currently owns a 42,000-square-feet office building at 2327 Englert Drive in Research Triangle Park, the company will move its headquarters to Imperial Tower in the fourth quarter of 2026 and will occupy three full floors.<\/p>\n\n\n\n<p>Imperial Tower is located at 4820 Emperor Blvd. in the Research Triangle Park area, with close access to the junction of interstates 40 and 540. Raleigh\u2013Durham International Airport is about 3.5 miles away, while downtown Raleigh is within some 15.5 miles.<\/p>\n\n\n\n<p>NAI Tri Properties CEO Greg Sanchez and Executive Vice Presidents Ryan Gaylord and Robin Roseberry Anders represented Drawbridge in the transaction with Victra. Newmark Senior Managing Director Doug Brock, Executive Managing Director Joe Zona and Managing Director Isaac Brown represented Victra.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-state-of-research-triangle\">The state of Research Triangle<\/h2>\n\n\n\n<p>The Raleigh-Durham office market appears to be stabilizing, in line with broader <a href=\"https:\/\/www.commercialsearch.com\/news\/office-industry-trends\/\">office space trends<\/a>, according to a report from Colliers. As of the fourth quarter of 2025, the region recorded a vacancy rate of 17.2 percent, down 0.1 percent year-over-year.<\/p>\n\n\n\n<p>The area had 20,000 square feet of office space under construction as of the end of 2025, down from 157,500 square feet year-over-year. Overall asking lease rates were $30.60 per square foot at the time, down from $30.82 per square foot at the end of 2024.<\/p>\n\n\n\n<p>Another major lease in the area came in October 2025, when Related Fund Management <a href=\"https:\/\/www.commercialsearch.com\/news\/related-cos-lands-research-triangle-tenant\/\">signed Asensus Surgical<\/a> to a 63,000-square-foot lease at The Stitch, a 248,456-square-foot office building in Morrisville, N.C. That asset was built in 1981 as a retail property but was converted into office space in 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The building is currently vacant and undergoing a major renovation.<\/p>\n","protected":false},"author":3810,"featured_media":1004786718,"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":[32763,37444,50999,51076],"class_list":["post-1004786722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-latest","category-office","category-raleigh-durham","category-southeast","tag-colliers-international","tag-drawbridge-realty","tag-newmark","tag-tri-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>Drawbridge Realty Inks HQ Lease in Research Triangle - 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