Downtown Cary Assemblage

Jones Lang LaSalle, a North Carolina-licensed real estate broker, has been retained as the exclusive sales representative for The Downtown Cary Assemblage (referred to as the “Site” or “Project”), an exceptional 3.16-acre development opportunity situated in Downtown Cary, NC. The site presents a rare chance for an investor to develop a tier-one project in the epicenter of one of Raleigh MSA’s most coveted submarkets, where privately owned 3+ acre tracts with accretive entitlements are extremely scarce. The property is zoned Town Center District with a Mixed-Use designation, which permits multifamily and mixed-use development by right. Additionally, the property is less than a 2-minute walk to Downtown Cary’s most exciting amenities, including some of the MSA’s hottest new restaurants, social scenes, and public gathering areas. Notably, it is directly adjacent to Cary’s brand new $68 million, 7-acre urban public park, which opened in Q4 2023. Adjacent to DT Cary’s major economic drivers, the assemblage offers a special opportunity to acquire a main and main site and develop a high-density project supported by favorable micro-market fundamentals, including strong renter demand.