Tower 5 provides well-located premier office space that maximizes workplace culture, productivity and lifestyle amenities.
Kane Realty Corporation is excited to announce Foley & Lardner LLP (Foley) and The Real Estate Studio have signed leases totaling 18,000 square feet of office space at Tower 5 in North Hills Innovation District (NHID) in Midtown Raleigh. Foley, a top 50 global law firm with 1,100+ lawyers across 27 offices, is moving their Raleigh office to Tower 5. The Real Estate Studio, a local boutique real estate firm specializing in residential home sales, new-home sales and marketing, and builder and developer marketing, is establishing a Raleigh office at Tower 5.
Tower 5 is a 342,000-square-foot, 17-story office tower part of NHID offering:
• New North Hills retail just outside the door featuring: Standard, Good Graces Market/Bar/Eatery, Benchwarmers Bagels & Coffee, Unlikely Professionals, Dose Yoga + Smoothie Bar
• Walkable access to 6 million square foot hub of places to live, work, shop, dine, play and stay at North Hills
• Thoughtfully amenitized common areas, including work and conference spaces
• Integrated parking
• Outdoor space programmed for working, meeting and collaborating
NHID is thoughtfully planned to facilitate interaction among office users, entrepreneurs, retail tenants, creatives and makers. Ideally located among the existing options and conveniences within North Hills, the new 33-acre district features Class A office space, over 1,500 apartments, four acres of outdoor space and 60,000 square feet of active ground-level retail highlighted by distinctive indoor/outdoor experiences. Kane Realty’s recent 28-acre acre land acquisition will expand NHID’s footprint and unlock a next-phase vision for Raleigh’s dynamic, entrepreneur-focused district designed to lean into the natural environment.
“Tower 5 offers an attractive setting for Foley’s Raleigh team to continue building our momentum, particularly as Foley celebrates our two-year anniversary in the Triangle this month,” said Joe Dowdy, managing partner of the firm’s Raleigh office. “We’re excited to welcome our people and our clients to this new space beginning early next year.”
“Our decision to open at Tower 5 in NHID was very intentional. Being in the middle of a true live work play environment allows our clients, agents, and builder partners to meet in a setting that feels energizing, convenient, and elevated—exactly how we believe real estate should feel. The space itself allows us to completely reimagine the traditional real estate office, creating a high design, hospitality-driven environment that truly reflects the elevated service and boutique experience our clients expect. Centrally located in the Triangle, it also gives us the ideal home base to host community events and showcase North Hills as one of Raleigh’s premier places to live, work, and play,” said Laurie Evans, President of The Real Estate Studio.
“We are thrilled to have Foley and The Real Estate Studio at Tower 5,” said Hooker Manning, Director of Office Leasing at Kane Realty. “We are certain their employees and clients will enjoy the experience this well-located office building provides; surrounded by every service and amenity available from fitness and conveniences to shopping and dining,” he said.
“North Hills continues to retain and attract top office tenants in the Triangle market seeking quality office space and elevated amenities. We are confident these companies will benefit from their business home in the middle of a walkable 6 million square foot hub of places to live, work, shop, dine, play and stay at North Hills,” said Mike Smith, CEO of Kane Realty.
Recent new office lease announcements at North Hills include Parexel, Couchbase, flyExclusive, RSM, Weatherby Healthcare, Jewelers Mutual Group, Brightly Software a Siemens company, JT International (JTI), HNTB, Millennium Private Wealth, Raymond James & Associates, PwC, Ralliant, QHP Capital, Huntington Bank, The Starboard Holding Companies including The Nautical Group and Nautical Advisory Services, Aon, Apex Systems, Brown Advisory, Linesight and Sysdig.
Vibrant local retailers now open or coming soon to NHID include Standard brewery/restaurant, Dose Yoga + Smoothie Bar, Good Graces market/bar/eatery, Benchwarmers Bagel & Coffee, Hometurf cycling studio, Unlikely Professionals store/bar, and Hush salon – all part of 1.2 million square feet of curated retail space at North Hills.
Heath Chapman with CBRE represented Foley in their lease transaction. Laurie Evans with The Real Estate Studio represented her firm in their lease transaction. Hooker Manning and Alex Mikels with Kane Realty represented the landlord in the lease deal.