JLL Carolinas Hired to Lease Iconic Building
Former headquarters building to be transformed into new, modern workspace
RALEIGH, N.C., Sept. 28, 2018 – State Employees’ Credit Union has hired JLL to lease their iconic building at 5901 Durham-Chapel Hill Boulevard that is being renovated to create new, modern office space in Chapel Hill.
The rhomboid-shaped building was constructed in 1970 and features an innovative, acclaimed design and nearly 5,000 panes of reflective glass. The building has appeared in the New York Times Magazine, Time, Newsweek and in design exhibits at The Museum of Modern Art in New York.
Today the four-story, 210,000-square-foot building is undergoing a renovation that will include a state-of-the-art lobby; a new outdoor patio with activated outdoor amenity space; a new fitness center; and new high-efficiency building systems.
Located within walking distance of a new Wegmans Food Market and just south of a planned stop on the Durham-Orange Light Rail Project, the building is suitable for a single-tenant headquarters or for multiple office users and features ample parking. One of the largest blocks of Class-A office space available in the Triangle, it has never previously been available for lease. The renovations at 5901 Durham-Chapel Hill Boulevard are expected to be complete early next summer.
“This is a rare opportunity for forward-thinking employers to secure newly upgraded, Class-A office space within one of the Triangle’s most visible, unique and recognizable properties,” said JLL’s John MacDonell.
MacDonell and Ashley Lewis with JLL are marketing the building on behalf of the owner.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with operations in over 80 countries and a global workforce of 88,000 as of September 30, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com