The firm has been selected by developer Heritage Capital Partners to lease the multiple retail phases of Alston Yards, a $500M, 41-acre mixed-use development located in Cary, North Carolina, a western suburb of Raleigh.
The retail portion of the project, spanning approximately 65,000sq ft, will be integrated into a master-planned, mixed-use environment that includes up to 900 residential units, 200,000sq ft of office space, a boutique hotel and over seven acres of open space, including a town park and a large community gathering area.
“Alston Yards represents a rare opportunity to help shape one of the most dynamic corridors in the Southeast,” said Roger Edwards, Managing Partner at Heritage Capital Partners. “We’re excited to partner with CBRE to bring a curated mix of retail offerings to a project that will serve as a new anchor for West Cary.”
Located at the southern tip of Research Triangle Park, Alston Yards will feature ample walking trails that connect to Wake County’s greenway system and an adjacent neighbourhood park. The property is located near Parkside Town Commons, a 500,000sq ft retail centre and Apple’s proposed 900,000sq ft East Coast engineering hub.
