Commercial real estate news releases from Avison Young

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Cranfill Sumner LLP moving to Wade III in West Raleigh’s Wade Office Park

The Offices at Wade in Raleigh North Carolina March 7, 2024

Raleigh, NC – Avison Young announces today, Cranfill Sumner LLP has leased ±27,354-square-foot (sf) of office space at Wade III, 5440 Wade Park Boulevard in Raleigh, North Carolina.

The 5 office buildings totaling over 600,000 square feet that comprise the Wade Office Park are all LEED Gold® certified. The office park is a signature mixed-use development with abundant surface and covered parking, on site management, restaurants, conference & new fitness center and a central plaza with seating and tables for outdoor meetings and gatherings. This office park is conveniently located off Wade Avenue, adjacent to the PNC Arena, with unparalleled access to I-40, I-440, US-1 and US-70. Just minutes to downtown Raleigh and approximately seven miles to Raleigh-Durham International Airport.

“The Wade Office Park ownership is excited about Cranfill Sumner LLP renewing their headquarters in Wade III. Our commitment to providing quality green certified office space to tenants is paramount in our decision making and we sincerely appreciate Cranfill Sumner LLP’s commitment to providing their employees and clients a healthy, safe environment.” says Andy Andrews, Executive Chairman of Dominion Realty Partners (DRP).

“Our firm’s Raleigh location has been at Wade Office Park since 2008. The ownership and management of the complex is top notch. As the marketplace evolves, renewing our relationship at Wade Office Park will enable our firm to stay ahead of the curve to make sure the needs of our employees and clients are met.” says Barry Pennell, Chief Operating Officer of Cranfill Sumner LLP.

Arnold Siegmund and Carlo DiGiorgio with Avison Young exclusively represented PGIM & DRP, the Landlords. Michael Morgan, Mimi Potratz, and Ashley Lewis with JLL, exclusively represented, the Tenant, Cranfill Sumner LLP.

About Dominion Realty Partners, LLC

Dominion Realty Partners, LLC is a full-service real estate organization providing development, management, leasing, acquisitions, and investment services. Collectively, the Dominion Realty team of professionals brings more than five decades of real estate experience developing over $3 billion dollars’ worth of quality, environmentally friendly commercial and residential transactions in the Southeastern and mid-Atlantic United States. Since COVID, Dominion Realty Partners, LLC has started or completed over $1.3B of new projects in North Carolina, South Carolina, and Virginia.

About Avison Young

Avison Young creates real economic, social and environmental value, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment, and the community.

For more information:

  • Arnold Siegmund, Principal, Landlord Representation: +1 919 420 1573
  • Carlo DiGiorgio, Senior Vice President, Landlord Representation: +1 919 420 1569