Office

Keystone Centennial Campus Portfolio

1791 Varsity Drive Raleigh, NC United States 27606
Asking Price Contact for pricing
Sq. Footage 70,446
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 2010

Property Description

Delivered in 2010 and 2016, Keystone Science Center and the Center for Technology & Innovation are two best-in-class assets consisting of 175,444 square feet of institutional quality space. Featuring attractive window lines, stunning lobby and common areas, modern breakrooms, and progressive workplace/furniture design, the Portfolio boasts some of the best tenant spaces in the market. In addition, the Portfolio is perfectly suited for the R&D needs of Centennial Campus with buildouts incorporating high-quality lab space, extensive infrastructure, and state-of-the-art equipment and machinery. Significant tenant investment in the spaces, above the landlord provided TI packages, has allowed for these extremely attractive buildouts and demonstrates the current tenant roster’s long-term commitment to the assets. Tenants also enjoy access to structured parking decks, a major leasing advantage for investors.

Investment Highlights

Jones Lang LaSalle Americas, Inc. (“JLL)” has been retained as the exclusive sales representative for the Keystone Centennial Campus Portfolio (the “Property,” or “Portfolio”). The Keystone Centennial Campus Portfolio features two state-of-the-art office assets located on North Carolina State University’s Centennial Campus. Ideally positioned in one of the world’s preeminent University Research Parks, the Portfolio is 100% leased to an attractive tenant roster anchored by creditworthy STEM tenants. This stabilized investment opportunity is poised for a tremendous long-term outlook as Centennial Campus offers an unmatched ability to attract and retain tenants due to exceptional public-private partnerships, access to a market-leading amenity base and world-class research facilities, and access to one of the country’s top-ranked labor forces. Moreover, the assets’ specialized buildouts, featuring high-quality lab space, extensive infrastructure, and world-class machinery, distinguish them as the premier office assets on Centennial Campus. The Portfolio is a generational investment presenting investors with the unique opportunity to acquire a one-of-a-kind office Property and gain a presence on the campus of a prestigious Tier-1 research university
Scot Humphrey
Scot Humphrey
Managing Director
Licensed in
271444
Ryan Clutter
Ryan Clutter
Senior Managing Director Co-Head

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