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Global biopharmaceutical services provider to relocate HQ from Durham to North Hills

Tower 5 aligns with company’s need for well-located premier office space that maximizes workplace culture, productivity and lifestyle amenities

New space affirms Parexel’s commitment to being “Easy to Work for,” with meeting spaces designed for collaboration and touch-down spaces supporting flexible working for colleagues

Kane Realty Corporation is thrilled to announce global clinical research organization (CRO) Parexel has signed a lease for 61,076 square feet of office space to relocate its global headquarters to Tower 5 at North Hills Innovation District (NHID) in Midtown Raleigh.

Parexel is one of the world’s largest CROs providing the full range of Phase I to IV clinical development services to help lifesaving treatments reach patients faster. Leveraging the breadth of its clinical, regulatory and therapeutic expertise, the company’s more than 21,000 global professionals work in partnership with biopharmaceutical leaders, emerging innovators and investigative sites to design and deliver clinical trials with patients in mind, increasing access and participation to make clinical research a care option for anyone, anywhere.

Opening in 2024, Tower 5 is a 342,000-square-foot, 17-story office tower part of NHID offering:

• Thoughtfully amenitized common areas, including work and conference spaces
• Integrated parking
• Unique outdoor connection points creating new workplace opportunities for collaboration, working and gathering

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 Trophy Class office space, 1,500 apartments, four acres of outdoor space and 60,000 square feet of active ground-level retail highlighted by distinctive indoor/outdoor experiences.

“We’re thrilled to embark on this next chapter for Parexel at NHID’s Tower 5,” said Peyton Howell, Chief Executive Officer, Parexel. “This move aligns with our commitment to providing flexible and adaptable workspaces designed to align with how our colleagues work today. With thoughtfully designed areas and surrounding amenities, our new headquarters will prioritize our employees’ well-being while maximizing opportunities for productivity and collaboration so that our colleagues can do their best work in the development of critical new therapies for patients.”

“Tower 5 offers Parexel employees and visitors a workplace that inspires productivity and engagement, a wide variety of walkable retail and dining options, and immediate access to natural spaces and bike/pedestrian connections,” said Hooker Manning, Director of Office Leasing at Kane Realty.

“We are thrilled that Parexel has chosen to relocate their headquarters to the North Hills Innovation District. North Hills continues to attract top-tier office users in the Triangle market seeking an unparalleled tenant experience in highly amenitized, Trophy-class office properties,” said Mike Smith, CEO of Kane Realty.

Vibrant local retailers now open or coming soon to NHID include Standard Beer + Food, Dose Yoga + Smoothie Bar, Good Graces market/bar/eatery, Hometurf cycling studio, Designed for Joy, Trenlend, Hellbent, Green Rabbit Plants, The Balloonz Shop + Teal Houz, Bofemme and Ky’s Kandles.

Doug Brock and Jonathan Fanuzzi with Newmark represented Parexel in their lease transaction. Hooker Manning and Alex Mikels with Kane Realty represented the landlord in the lease deal.

Kane Realty Corporation is excited to announce that TrenLend, an innovative in-person clothing rental service, has joined the vibrant lineup at Makers Alley in the North Hills Innovation District (NHID). TrenLend’s arrival further enhances the diverse and dynamic retail offerings at NHID, bringing a fresh and sustainable approach to fashion.

TrenLend is dedicated to providing customers with access to a wide range of stylish, high-quality apparel without the commitment of purchase. Their mission is to make fashion accessible and affordable by merging the traditional retail model with the clothing rental industry, offering a unique and one-of-a-kind experience. TrenLend’s clothing rental service not only offers convenience and affordability but also promotes a sustainable fashion industry by reducing waste and encouraging mindful consumption.

“At TrenLend, our mission is to transform the way people approach fashion by providing convenient clothing rental services within our local community. We believe that everyone deserves access to a diverse and ever-evolving wardrobe, without the burden of ownership,” said Emmy Weiland and Amelia Zahn, Founders of TrenLend.

Key Features of TrenLend Include:

• Extensive Collection: A diverse selection of clothing, from casual wear to formal attire, at a wide range of prices, ensuring the perfect outfit for any occasion.
• Flexible Rental Options: Customers can rent clothing for various durations, including 4, 8, and 14-day rentals.
• Try-On Before You Rent: Experience the convenience of trying on clothes before committing to a rental, ensuring a perfect fit and satisfaction with choices.
• Easy Returns: Enjoy a hassle-free return process with clear instructions and convenient dropoff options, while TrenLend handles all cleaning and damages.
• Online and In-Store Access: Access the full range of clothing both online and at physical locations, providing flexibility to browse and rent according to preference.

“We are thrilled to support young female entrepreneurs and believe that TrenLend is the perfect fit for Makers Alley,” said Mary Ehrenberger, Retail Leasing and Activation Specialist for Kane Realty Corporation. “Their innovative approach to fashion and commitment to sustainability align perfectly with the values we champion at North Hills Innovation District.”

TrenLend is set to open in Makers Alley on Saturday, August 17th just in time for the Makers Alley End of Summer Bash. Join the makers from 11:30am to 4pm for shopping, live entertainment, a taco food truck, henna artistry, exclusive discounts, giveaways and more!

Kane Realty Corporation is excited to announce that Good Graces, a vibrant market, bar, and eatery, will be opening in North Hills Innovation District. Located at the base of Channel House Apartments next to Makers Alley, Good Graces aims to be the go-to gathering spot for the Raleigh community, offering a delightful blend of food, drink, and local goods all under one roof.

“Good Graces brings an exciting new energy to the North Hills Innovation District,” said Mary Ehrenberger, Retail Leasing and Activation Specialist for Kane Realty Corporation. “Their commitment to quality and community engagement is exactly what we are looking for in partners. We are confident that Good Graces will become a beloved destination for residents, office tenants and visitors alike.”

Good Graces provides a versatile dining experience, serving coffee, breakfast, and lunch during the day, and transitioning to shareable bites and drinks in the evening. Guests will be able to enjoy their meals and beverages in the inviting dining room, at the lively bar, on the cozy outdoor patio, or take their orders to-go. The market section will feature a thoughtful selection of prepared foods and locally made products, making it the ideal spot to find take-home meals and curated gift baskets.

Founder and owner, Haley Borden, recognized an opportunity to create a space that caters to the fast-paced lifestyles of Raleigh residents. A recent MBA graduate from UNC-Chapel Hill, Haley brings her extensive business acumen and marketing and sales background to lead the Good Graces team. “I envisioned a place where convenience meets quality, and community comes together. Good Graces is about celebrating the good things in life, and I’m thrilled to bring this concept to North Hills,” said Haley.

Lindsey Bayless, a Raleigh local and seasoned marketing professional, joins Haley in the ownership of Good Graces. Lindsey, who is passionate about creating memorable moments and fostering community engagement, will oversee marketing, event planning, and community outreach. “I’m excited to leverage my skills to craft engaging experiences for our guests and help build a vibrant community hub at Good Graces,” Lindsey shared.

The eatery is expected to open early spring 2025. Wes Johnson of Capital Associates served as the broker representing Good Graces in this deal. For more information, visit GoodGracesRaleigh.com.

Kane Realty Corporation is excited to announce that Homebody Yoga and Wellness, founded by Emily Winters, will open its flagship studio in Downtown Raleigh. Located below Platform Apartments, this highly anticipated addition is set to open its doors by early 2025, marking an exciting milestone for both Emily Winters and the growing West End neighborhood.

“We are thrilled to welcome Homebody Yoga and Wellness as our first retail tenant at Platform,” said Stacey Buescher, Managing Director of Operations for Kane Realty Corporation. “Emily Winters’ vision for a community-centered yoga studio aligns perfectly with our goals for the West End neighborhood. We believe this flagship location will become a cornerstone for community engagement and wellness in Downtown Raleigh.”

Homebody Yoga and Wellness is dedicated to creating a welcoming environment for yoga practitioners. Emily Winters envisions guests walking to class, mingling in the spacious lobby and fostering community connections. The studio will offer various hot yoga sessions and specialized classes to cater to diverse community needs.

Known for its successful pop-up event series, Homebody Yoga has already established strong community ties and raised $50,000 in six weeks through a community crowdfunding campaign. Emily Winters’ teaching background includes six years of teaching and 18 years of practicing, with influences from Baptiste Power Vinyasa, Awakening Yoga, and Flow School. The flagship location will feature a 2,500 SF space with a spacious open lobby featuring multiple comfy nooks for mingling, a large L-bench seating with storage, and a communal vanity area. The interior design incorporates natural wood elements, colors inspired by clay, dirt, coral reef, and sky, and limewash paint for a subtle natural texture. A 1,200 SF yoga studio will accommodate over 50 people and feature infrared heating, natural lighting, and no mirrors. Additionally, the studio will offer specialty wellness services such as massage, life coaching, and reiki.

“Being able to flow and breathe in a room alongside 50 other people, synced with the same purpose, is something I think everyone should experience at least once”, said Winters. “It’s an energy that is hard to truly explain, but that communal quality is something I think everyone is really craving right now.”

Homebody Yoga will host two free outdoor community classes in the courtyard of Platform Raleigh on July 13th at 10am and July 31st at 6pm. Sign-up details are available here. For more information on Homebody Yoga, visit their website at homebodync.com or follow them on Instagram.

Additionally, Events by Heather has announced the inaugural West End Pop-Up Market, set to take place on July 26th from 4-8pm in Platform’s large, central courtyard. This event will feature an evening filled with live music performances, food trucks, local vendors, a unique sip-and-shop experience, and engaging workshops. The market will further activate this burgeoning area of Downtown and showcase the West End’s vibrant culture and community spirit.

Triangle food enthusiasts will soon have a new destination to explore and expand their culinary interests. Raleigh start-up, Hone-Sharpen has selected Smoky Hollow as the site for its multi-kitchen facility, designed to specialize in culinary education and entertainment. Hone-Sharpen is excited to bring this new, innovative and contemporary cooking studio to Smoky Hollow and serve their new community and the Triangle for years to come. This innovative approach to culinary education is accessible and engaging, catering to food lovers of all skill levels and interests.

“Hone-Sharpen is the perfect addition to Smoky Hollow,” said Stacey Buescher, Managing Director of Operations for Kane Realty Corporation. “Their innovative approach to culinary education and entertainment perfectly aligns with our vision of creating a vibrant and engaging community. We’re confident Hone-Sharpen will become a beloved destination for office tenants, residents and visitors.”

Chef Cherisse Byers, the founder of Hone-Sharpen, is thrilled to introduce this concept, which showcases her profound love for cooking. Hone-Sharpen embodies the culmination of her experiences as a culinary instructor, combining the best of the kitchens, people, and culinary knowledge she has gathered over the years. With a background in business and culinary arts, Chef Cherisse has been teaching cooking classes throughout the Triangle, where she has fostered a genuine connection with home cooks. “It’s incredibly rewarding to see participants take pride in what they’ve created. Delicious meals often form the heart of our most cherished memories,” she says.

The Hone-Sharpen facility will feature a demonstration kitchen, a commercial kitchen, and more! This versatile space is perfect for hands-on group cooking classes, professional training, or simply for guests to enjoy culinary entertainment.

The catalog of cooking classes is structured to offer flexibility, allowing customers to seamlessly transition between classes for both hobby and professional growth. With instructors and food professionals from diverse backgrounds, customers can expect a dynamic and enriching culinary adventure. Hone-Sharpen will also host exciting events such as competitions, wine tastings, lectures, and culinary showcases, offering participants the chance to “play chef for a day.”

“We are just as excited about our location as we are about our concept,” says Chef Cherisse. “Smoky Hollow is a vibrant community of residents and professionals who crave unique culinary experiences. We believe they will not only embrace Hone-Sharpen but also help us create a cool gathering spot for visitors to Smoky Hollow.”

Hone-Sharpen is slated to open in early 2025, offering classes and events for all. Pre-registration for classes and events will begin in Q4 2024.

Kane Realty Corporation is excited to announce that Captain Cookie & the Milk Man, the beloved local bakery and dairy bar, known for its freshly baked cookies and creamy ice cream, will be opening in North Hills. The new shop will be located in the Lassiter District of North Hills, nestled between Sur La Table and Total Wine, and is projected to open in Fall 2024.

“The addition of Captain Cookie & the Milk Man adds to the fun and variety we want patrons to have when visiting North Hills,” said Stacey Buescher, Managing Director of Operations for Kane Realty Corporation. “Captain Cookie prides itself on using high-quality, locally-sourced ingredients, and we are thrilled to welcome another local favorite to the retail mix at North Hills.”

Founded by Kirk Francis, a lifelong cookie enthusiast, Captain Cookie & the Milk Man began as a food truck venture and quickly grew into a local favorite. Known for its commitment to quality ingredients and a fun, nostalgic experience, the North Hills location marks an exciting expansion. The new store will offer the same beloved treats in a convenient and welcoming storefront, where each cookie is baked fresh daily, and the dairy bar features milk and ice cream from local dairies, ensuring a delightful and wholesome experience for every customer. The company is best known for the joy it brings through its made-to-order ice cream sandwiches, where guests can combine their favorite cookies and local ice cream.

“We are thrilled to open our doors in North Hills and become a part of this wonderful community,” said Kirk and Juliann Francis, owners of Captain Cookie & the Milk Man. “Our mission has always been to spread joy through our delicious treats and our service to our community, and we can’t wait to share the cookie joy with our new neighbors.”

The North Hills shop will be Captain Cookie & the Milk Man’s second location in Raleigh, following the successful opening of their first brick-and-mortar store in Transfer Co. Food Hall in 2019. The menu features edible cookie dough, milkshakes and cookie cakes in addition to its award-winning cookies, ice cream and ice cream sandwiches.

Noteworthy Companies with High-level Jobs and Elevated Service Offerings Across Dynamic Industries See Benefits of Being Located in Top-of-the-Market Office Space in North Hills

Office Leasing Activity at North Hills is Testament to Demand for Well-located Premier Office Space that Maximizes Workplace Culture, Productivity, Collaboration, and Lifestyle Amenities

Kane Realty Corporation is thrilled to announce multiple new office leases signed at the Trophy-class One North Hills Tower in North Hills. More than 72,500 square feet of space has been leased to: JT International U.S.A., Inc. (JTI), HNTB, Raymond James & Associates, The Starboard Holding Companies including The Nautical Group and Nautical Advisory Services, and others.

Opening this summer in the expansion of the Main District at North Hills in Midtown Raleigh, One North Hills Tower is a 264,000-square-foot, 10-story office tower offering:

• prominent I-440 Beltline visibility and breathtaking interior views
• hospitality-driven conference and lounge amenity spaces
• a large second level outdoor amenity terrace featuring a mural by a local Raleigh female artist, and
• convenient underground parking with direct elevator access.

One North Hills Tower is WiredScore Platinum certified and targeting LEED Silver certification.

“A true trophy-class office building, One North Hills Tower offers these tenants the ultimate office destination for walkable conveniences at their doorstep, concierge level tenant services and space to foster a collaborative and culture-focused workplace,” said Hooker Manning, Director of Office Leasing at Kane Realty.

“These lease transactions represent strong activity and fundamentals among highly amenitized, superior quality Trophy-class office properties in dynamic urban districts. North Hills continues to attract top-tier office users in the Triangle market seeking an unparalleled tenant experience,” said Mike Smith, CEO of Kane Realty.

Retailers and restaurants recently opened or opening soon in the newly expanded Main District of North Hills include three-level, 50,000-square-foot RH Gallery, True Food Kitchen, Madewell, J.Crew, Rothy’s, johnnie-O, Sweetgreen, Fink’s Jewelers flagship, Village Tavern and a new location for Ruth’s Chris Steak House and expanded Peter Millar.

JTI, one of the fastest-growing tobacco companies in the US, with its leading global flagship brand LD is relocating its US headquarters from New Jersey to North Carolina, bringing over a hundred new jobs to Raleigh.

“We are very excited to be joining Raleigh’s diverse community. Raleigh is an ideal location for our new headquarters because it is a vibrant and growing city with a top of its class talent pool,” said JTI General Manager and President Corrado Mautone.

HNTB Corporation is an employee-owned infrastructure solutions firm serving public and private owners and construction contractors. With 110 years of service, HNTB understands the life cycle of infrastructure and addresses clients’ most complex technical, financial, and operational challenges. Over the past 40 years, HNTB has played a pivotal role in Raleigh’s transformative transportation projects, including GoRaleigh’s New Bern Avenue Bus Rapid Transit and Southern Corridor BRT, North Carolina Turnpike Authority’s Triangle Expressway, Raleigh to Richmond Passenger Rail and the Raleigh-Durham International Airport Expansion. Professionals deliver a full range of infrastructure-related services, including award-winning planning, design, and program and construction management.

Raymond James & Associates, Inc., a wholly-owned subsidiary of Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities.

The Starboard Holding Companies, the Stocks family offices, encompasses a portfolio of operating businesses in various sectors. The portfolio includes businesses such as The Nautical Group Executive Search, Nautical Advisory Services, Nautical Leadership Solutions, Advance Concrete, Evolution Safety Resources, Raleigh Apex Hitch, Bio-One Hazmat, boutique wealth firm New Republic Partners and The Decree Company.

“We’re excited about remaining as a long-standing tenant in North Hills and relocating the corporate offices for Starboard Holding Companies to One North Hills Tower. The amenities of the new building and the central location among all the great new restaurants and retail in the Main District made this an ideal choice for us,” said Jeff Stocks, Executive Chairman of The Starboard Holding Companies.

Cole Gonet and Curtis Krusie with Savills represented HNTB in their lease transaction. Ben Litke and Todd Brandon with Cushman & Wakefield represented Raymond James.

Kane Realty Corporation is set to welcome an exciting trio of new retailers to Smoky Hollow, each poised to infuse the neighborhood with fresh energy and diverse offerings. JETSET Pilates, Tucker Street Diner, and a new neighborhood bar by the team behind Madre are the latest establishments to join the expanding roster of businesses in the area, signaling a significant leap forward in the district’s development and appeal.

“We are so excited to welcome these three new retailers to Smoky Hollow,” said Stacey Buescher, Managing Director of Operations for Kane Realty Corporation. “Each retailer brings something unique to the table, contributing to the diverse tapestry of businesses that make this neighborhood so special. We are committed to the success of downtown retail, and these new establishments represent the kind of quality and innovation we strive to attract. Merchandising mix is crucial in these areas and this group fills the gaps we were seeing.  A new wave of life to Smoky Hollow is here ready to further enrich our community.”

JETSET Pilates is an internationally-known brand known for its elevated Pilates experience. JETSET Pilates signature 50-minute classes are set to energizing, curated playlists and take place on a specialized, custom reformer. With JETSET Pilates Downtown Raleigh, franchise studio owners Renee Aquilino and Katie Myers promise to bring a unique wellness experience to the residents and visitors of Smoky Hollow.  With a focus on Pilates-inspired exercises combined with seamless, efficient transitions to achieve transformative results, fast, JETSET Pilates is set to become a cornerstone of the community burgeoning health and wellness scene.

Tucker Street Diner, slated to debut in Fall 2024, is set to redefine local dining with its fusion of nostalgic charm and contemporary culinary innovation. Led by Michelle and James Park, the owners behind the renowned Shiny Diner in Raleigh and Peak City Diner in Apex, this forthcoming establishment will showcase classic American fare with a modern twist, spotlighting locally sourced ingredients for both quality and sustainability. Alongside its culinary offerings, Tucker Street Diner will boast a delightful coffee shop element, inviting patrons to savor artisanal coffees and indulge in an all-day breakfast menu. Nestled within the lively Smoky Hollow district, Tucker Street Diner is poised to become a cherished hotspot for food enthusiasts and casual diners alike.

The neighborhood bar (name TBD), owned and operated by the team behind the acclaimed Smoky Hollow restaurant, Madre – is poised to become the new local hangout for those seeking a relaxed atmosphere with draft cocktails, beer, wine, and snacks. With its community-focused ethos, the neighborhood bar will undoubtedly become a staple of the district’s nightlife in the former New Anthem space.

Additionally, we are excited to unveil a vibrant new feature to our events lineup in Smoky Hollow – live pop-up music set to animate the Hollow every Thursday evening, from April 4th to June 27th. This series aims to cultivate a dynamic and engaging community atmosphere, providing both residents and visitors with an enchanting musical backdrop to their evening adventures. For more information about the new retailers and other happenings in Smoky Hollow, please visit SmokyHollowRaleigh.com.