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Lifestyle Neighborhood Trend Finds Raleigh

East End’s peer neighborhoods are places like West Midtown

and Fourth Ward Atlanta, South End and NoDa Charlotte, Ger-

mantown and Charlotte Ave Nashville, and NoMo Charleston.

Within a 3-mile radius of 2020 Progress, there are over 42,000

households with an average income of $97K. East End’s loca-

tion, combined with proximity to strong demographics, will con-

tinue to strengthen its presence as a location of top desirability.

ATLANTA: West Midtown’s Stockyards

ATLANTA: Fourth Ward’s Ponce City Market

CHARLOTTE: South End’s Atherton Mill

NASHVILLE: Germantown’s

Butchertown Hall NASHVILLE: Charlotte Ave’s

Sylvan Supply

# PROJECT DESCRIPT ION

1 RALEIGH IRONWORKS Phase I: 129K SF Class A Office,

27K SF Restaurant, 220 residential units

2 1249 WICKER

Redevelopment of 3 single-story ware-

houses (including the existing Big Boss

Brewery) totaling 109K SF

3 BOWSTRING BAR 10K SF restaurant & bar

N E A R B Y P L A N N E D R E D E V E L O P M E N T S

At the Intersection of Home and Happy Hour

East End Market is located in Raleigh’s East End, which sits be-

tween the two historic neighborhoods of Five Points and Morde-

cai. E Whitaker Mill Road connects East End to Five Points, Glen-

wood Ave and some of Raleigh’s oldest and most desirable hous-

ing.

East End’s historical warehouse stock has begun converting to cre-

ative office and F&B uses consistent with the trend seen in similar

neighborhoods in other markets. Dock 1053 led this evolution with

its redevelopment in 2017 and is now home to a vibrant mixture of

commercial tenants such as Lynwood Brewing Concern, Hum-

mingbird, Loading Dock and Trigg Modern Furniture. With several

other projects planned, East End will continue to evolve into Ra-

leigh’s premier dining and entertainment neighborhood.

Reactivating a Former Railroad Warehouse

East End Market is an adaptive reuse project in Raleigh’s East End neighborhood – an

emerging F&B destination situated between the existing urban centers of Midtown and

Downtown.

The existing ~60k SF warehouse was historically used as a storage and transfer facility and is

now being reinvented as a modern mix of creative office and F&B concepts proximate to

some of Raleigh’s best demographics inside the beltline.

The project has strong access due to its location at the convergence of Wake Forest Rd,

Atlantic Ave and Capital Blvd – a very short distance from I-440, providing connectivity to

the entire region.

ADDRESS 2020 Progress Ct Raleigh, NC

AVAILABLE SF 5,793 RSF available in “TBD”

~ 7,500 RSF available in “Jewel Box”

RATE Office: $38.50 PSF Gross w/ $8.00 PSF expense stop

Retail / F&B: $36.00 PSF w/ $8.00 PSF TICAM

TI ALLOWANCE Negotiable

TIMING 2H 2020

F L O O R P L A N

NORFOLK SOUTHERN RAILWAY

E W

HIT

AK

ER

MIL

L R

OA

D

PROGRESS COURT

OFFICE A

29,570 SF

(LEASED) OFFICE C

10,253 RSF

(LOI)

TBD

5,793 RSF F&B C

3,013 RSF

(LOI)

F&B DOCK

1,342 RSF F&B A

4,492 RSF

(LOI)

F&B B

4,952 SF

(LOI)

Restrooms

OFFICE DOCK

1,784 SF

Jewel Box

~7,500 RSF

F&B

A

TBD F&B

B

JEWEL BOX

L E A S I N G D E T A I L S :

Cather ine Easter

919.289.1338

ceaster@at lass tark .com

D E V E L O P M E N T T E A M :

FI

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