RALEIGH, NC - Cassidy Turley, a leading commercial real estate services provider in the U.S., announced that Ipreo, a global leader specializing in market intelligence and workflow solutions to capital markets and corporate professionals has leased a full floor of Class A office space in the One Bank of America Building in Downtown Raleigh. Ipreo’s lease of 23,000 square feet is noted as the largest new lease in Downtown Raleigh in 2013.
One Bank of America is a 370,000 square foot, 17 story, Class A office building that is positioned at the epicenter of Raleigh’s Central Business District. Located on Fayetteville Street at the door step of City Plaza, One Bank of America Plaza affords tenants with connectivity to the Marriott City Center, Raleigh Civic Center and steps away numerous of residential options, complimenting Downtown Raleigh’s mantra of Live-Work-Play.
“Ipreo’s selection of the One Bank of America Plaza building in Downtown Raleigh further reinforces the appeal and growth of the Technology sector that we have been seeing in the Raleigh CBD for quite some time” states Hillman Duncan, Senior Vice President with Cassidy Turley. “We are extremely fortunate to work with The Simpson Organization to lease One Bank of America Plaza, as the building is marketable to not only traditional tenants but also accommodates the needs of creative users, such as technology tenants.”
Hillman Duncan and Dennis Hurley of Cassidy Turley, along with John Brewer of CBRE | Raleigh represented the landlord, The Simpson Organization, in the transaction. Kaler Walker, of Lincoln Harris represented the tenant, Ipreo.
Ipreo is a global leader in providing market intelligence, data, and technology solutions to all participants in the global capital markets, including sell-side banks, publicly traded companies, and buy-side institutions. From new issuance through ongoing investor management, our unique solutions drive connectivity and efficiency throughout all stages of the capital-raising process. Ipreo is a KKR portfolio company with more than 650 employees supporting clients in every major financial center around the world. For more information, please go to www.ipreo.com.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,800 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 2012, manages approximately 400 million square feet on behalf of institutional, corporate and private clients and supports more than 23,000 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 North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.