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ECCRE News

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Record Setting Lease – 348 S College Road

Category : Lease Announcement

ECCRE is excited to announce the successful leasing of 348 S College Road, Unit A. It was formerly Payless shoes. The New Tenant Goodnight Sleep Store is set to open in August / September.

With the tremendous traffic on S College Road, an estimated 75,124 Traffic Counts this 2530 sf unit is located with prime visibility on one of the areas most major roads. ECCRE represented the Landlord in the transaction and was able to secure one of the areas best base rental rates for the client. In exchange the tenant is able to secure one of the areas best and most visible units on S College Road.

As an out parcel to University Centre (Another ECCRE brokered property) The Hawk Center is situated in and amongst some of the most major retail chains. With Bed, Bath and Beyond, Old Navy, Ross, Lowes Home Improvement, Sams Club, Petco, Staples, etc this unit was in a prime place and commanded a prime rent.

Nicholas Silivanch with ECCRE represented the Landlord in the transaction and Baker Bell with Bell Commercial out of Raleigh Represented the Tenant.

Partner and Broker – Nicholas Silivanch