A 75,246 square foot infill office asset in Raleigh-Durham, one of the most coveted U.S. real estate markets
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Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained as the exclusive sale representative for 5000 Falls (the "Property"), an infill office asset totaling 75,246 square feet in Raleigh-Durham, one of the most coveted real estate markets in the country and a leading STEM hub. The Property is currently 77.2% occupied with 5.1 years of WALT, offering investors significant upside through leasing the remaining vacancy and improving the common areas. The asset has been institutionally owned, maintained, and operated by Highwoods Properties (NYSE:HIW) for more than 25 years.