Captrust Tower

Coordinates: 35°50′13″N 78°38′24″W / 35.8369°N 78.6399°W / 35.8369; -78.6399
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Captrust Tower in North Hills, Raleigh, North Carolina

Captrust Tower is a 17-story 260 feet (79 m) mixed use high-rise building located in North Hills, Raleigh, North Carolina. The tower opened in the fall of 2009. It has 274,000 square feet (25,500 m2) of office space and 28,400 square feet (2,640 m2) of retail space. It is named for Captrust Financial Advisors, the first tenant, which uses 51,000 square feet (4,700 m2) on the top two floors for its headquarters.[1] Captrust Tower was built by Duke Realty Corp. of Indianapolis and Kane Realty Corp. of Raleigh. KSB realty Advisors of Newport Beach, California announced its $98.4 million purchase of the building January 31, 2013.[2]

When the tower was announced in 2007, Captrust Financial Advisors had 75 employees and managed $20 billion in assets, with plans to expand westward. The company advised companies with retirement plans as well as individuals.[3]

References[edit]

  1. ^ "Construction Begins at $60M Office Tower in Raleigh". Commercial Property Executive. 24 January 2008. Retrieved 29 March 2013.
  2. ^ Bracken, David (2 February 2013). "CAPTRUST Tower sells for $98M". News & Observer. p. 4B.
  3. ^ Hagel, Jack (22 November 2007). "CAPTRUST Financial would more than double". News & Observer. p. D3.

External links[edit]

Media related to Captrust Tower at Wikimedia Commons

35°50′13″N 78°38′24″W / 35.8369°N 78.6399°W / 35.8369; -78.6399