TradeMark Properties is pleased to announce an opportunity to acquire a three-story, 38,887-square-foot Class A office building located in South Durham adjacent to Research
Triangle Park. Generations Plaza benefits from a central location near the intersection of NC-54 and NC-55. The building has immediate access to I-40 and numerous retail,
restaurants, and hotels.
The subject property is located within the South Durham submarket of the Triangle, just west of Research Triangle Park. RTP is home to over 3000 companies that employ over 55,000 workers. The property is situated just off I-40, linking Raleigh, Durham, and Chapel Hill, with easy access to NC-147, I-885, and the Triangle Expressway (I- 540) providing direct connections to many of the ancillary communities throughout the Triangle.
Generations Plaza offers the right investor a value-add opportunity. By taking advantage of the improving market conditions and some common area and lobby upgrades, Generations Plaza can realize higher rents with longer terms to bring the property to a stabilized asset.