OVERVIEW
After many years of being located in proximity to Raleigh’s burgeoning Warehouse district, EYP (now Page) lease was expiring and their space and building required significant updates and repairs. Page saw this as an opportunity to create a fresh, modern, and collaborative environment to mimic the success and design approach of Page and their amazing team. RCR led a process to analyze long-term space needs, sub-market growth trends, and the search for a creative outside-of-the-box location for their firm.
RESULTS
RCR assisted in uncovering a few interesting and exciting opportunities for a potential relocation. RCR was able to create leverage, ultimately negotiating a very strong relocation deal within North Hills, one of the most sought-after submarkets in the Triangle. The location, 2nd story above retail, offered a truly interesting work environment with significant branding opportunities in an amenity-heavy development. The unique location of the space within the building offered an opportunity for Page to use creative design solutions to showcase their talent. RCR negotiated an above-market tenant improvement allowance, and above-standard delivery conditions, while also mitigating lease term exposure. The new location offered an opportunity to rethink the type of environment Page wanted to work within, something they get to do for their clients every day.