RALEIGH, NC – Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Forse, Inc sublet 17,158 square feet of industrial space at the Park Point building from Nortel Networks, Inc. The recent lease will allow Forse, Inc. to relocate its headquarters from Youngsville, North Carolina to the Research Triangle Park.
Forse, Inc is a circuit board repair company that specializes in diagnostics, depot repair and reverse logistics. Forse also offers warehouse and fulfillment, logistics, test development services, and custom PC/server configuration.
Bob Van Wormer, Senior Vice President and Principal with Cassidy Turley represented Forse, Inc. in the transaction.
”With highly-specialized facilities requirements and competition fierce for quality RTP-area industrial space under 25,000 SF, the Nortel sublease proved a terrific opportunity for Forse” commented Bob Van Wormer. “Forse will not only benefit from Nortel’s previous investment in infrastructure but it will be able to do so without making a long-term lease commitment.”
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,700 professionals in more than 60 offices nationwide. The company represents a wide range of clients —from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2011, manages 455 million square feet on behalf of institutional, corporate and private clients and supports more than 28,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services — including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside of North America through a partnership with GVA, giving clients access to commercial real estate.