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| Kaler Walker |
RALEIGH, NC — Lincoln Harris has brokered Ipreo’s
23,228-square-foot expansion at One Bank of America Plaza in downtown
Raleigh. Ipreo, which provides market data and software to capital markets and
corporate professionals, has more than doubled the space it occupies at the
17-story, Class A building and now leases over 45,000 square feet at One Bank
of America Plaza.
Kaler Walker, vice president of office leasing in
Lincoln Harris’ Raleigh office, represented Ipreo in the transaction. Hillman
Duncan of Cassidy Turley and John Hogan of Highwoods Properties represented
the landlord.
“This is tremendously exciting news not only for the Raleigh
office market, but for the area economy as a whole,” Walker said. “It signals
the further strengthening of Raleigh’s already vibrant technology sector, and
it paves the way for the addition of many jobs.”
Ipreo moved into the building in the spring of 2013, planning
to hire approximately 150 employees in the first 12 months. Given its continued
global growth, Ipreo has exceeded its initial hiring plans and continues to
hire in Raleigh, triggering the need for an additional floor.
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| Hillman Duncan |
“We’re thrilled by the success we’ve had in launching and
growing our Raleigh operation,” said O’Hara Macken, EVP & Managing
Director at Ipreo.
“North Carolina and the City of Raleigh have more than
fulfilled our expectations as both a thriving business community and a source
for recruiting high-caliber talent.
“We appreciate the support Lincoln Harris has provided us
since the beginning and are very happy with both the building and the central
downtown location.
"We’re pleased to make this new investment in expanding our
space here to support our continued growth.”
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| O'Hara Macken |
The announcement of Ipreo’s expansion comes just months
after One Bank of America Plaza changed ownership hands. Highwoods Properties
bought the 374,000-square-foot building, one of the largest in the Triangle
Area, for $92.3 million in September.
Strategically located on Fayetteville Street in City Plaza,
One Bank of America Plaza is near the Progress Energy Center for the Performing
Arts, Red Hat Amphitheater, Raleigh Convention Center and the four-star
Marriott Hotel. Other amenities include 24/7 security, fitness center,
conference center and a Bank of America branch.
For a complete copy of the company’s news release, please
contact:
Stephen Ursery
The Wilbert Group
404-549-7150 (O) 404-405-2354 (C)
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