Captrust Tower

View All Tags
  • KBS Realty Acquires Iconic Building in Suburban Raleigh for $98.4M

    On January 31, a joint venture partnership between the Indianapolis-based real estate investment trust Duke Realty Corp. and the Raleigh-based real estate development firm Kane Realty Corp. sold the prestigious 17-story Captrust Tower in the city’s North Hills area. KBS Realty Advisors of Newport Beach, California acquired the approximately 300,000-square-foot property for $98.4 million, or nearly $326 per square foot. Developed in 2009, the LEED Gold-certified high-rise at 4208 Six Forks Road offers 275,630 square feet of office space, 26,813 square feet of retail space and a six-level parking deck. The property is 95 percent leased to 18 companies, including Captrust Financial Advisors, the American Board of Anesthesiology, CBRE, Regus, RBC Capital Markets, as well as other national and regional tenants.

    Raleigh Durham 09 February 2013 02:28
  • KBS Realty Advisors Acquires Top Raleigh Office Tower for $98.4M

    KBS Realty Advisors acquired Captrust Tower, a prestigious, 300,389-square-foot office and retail building in the North Hills area of Raleigh, N.C., for a reported $98.4 million.

    South 04 February 2013 14:48

You May Also Like

  • Urban Loft Seating Collection Combines Form With Function

    KFI's new range of products offers natural wood-topped tables with industrial cast iron legs, combining a vintage look with modern interior trends.

    03 May 2017 09:20
  • DoubleTree Adds Hotel in Thriving NoVa Hub

    Located within walking distance of Virginia’s largest shopping mall, the 168-key property is owned and managed by B. F. Saul Company Hospitality Group.

    25 August 2017 15:58
  • Lifescapes Tapped for $245M Westin Anaheim Resort

    The firm has been chosen to design the landscape environment for the planned 630,000-square-foot Orange County development. The company will incorporate iconic features into the four-diamond resort, including a unique motor court.

    04 October 2017 09:53
  • Economy Watch: Contrary to Expectations, Some Retailers Are Expanding

    While retail bankruptcies are at an all-time high, there are certain retailers that are still expanding, mainly in the off-price or discount category, according to a recent CBRE retail report.

    01 June 2017 15:18
  • Albuquerque: On the Mend

    Despite being the hub of New Mexico’s technology corridor, the metro has only experienced modest population and employment growth throughout the recent economic expansion, Yardi Matrix data shows.

    26 June 2017 13:30
  • Taking Resident Services to the Bottom Line

    The benefit of providing service-enriched housing is increasingly outweighing the costs for affordable housing developers and finance partners, according to R4 Capital EVP Nicole Flores and Rainbow Housing Assistance Corp. Executive Director Flynann Janisse.

    19 July 2017 17:25
  • Condor Hospitality Picks Up 3 More Hotels

    The REIT takes another step forward in its portfolio repositioning effort with the addition of a 366-key group of Texas properties. The assets traded for almost $60 million.

    20 July 2017 08:21
  • Oxford-Madison JV Pays $1.3B for Berlin Sony Center

    Hines—asset manager of the 1.2 million-square-foot mixed-use complex—helped the National Pension Service of Korea to sell the asset. CBRE and Greenberg Traurig advised Oxford Properties and Madison International Realty.

    04 October 2017 11:41
  • HFF Arranges Houston Industrial Portfolio Sale

    HFF facilitated the exchange of two properties, comprising three infill, warehouses totaling 101,635 square feet, in two primarily industrial submarkets.

    07 August 2017 14:31
  • CIP Arranges Sale of Oregon Hotel

    The company worked on behalf of the seller and the buyer to close the transaction of the 36-key Rodeway Inn and Suites in Pendleton, Ore.

    12 September 2017 14:27