Concourse Lakeside II_Property for Sale
Concourse Lakeside II_Property for Sale

Concourse Lakeside II

Morrisville, NC, US, Americas

Description

Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained as the exclusive sale representative for Concourse Lakeside II (the "Property", "Concourse Lakeside"), an infill office building totaling 78,820 square feet in the Raleigh Durham market. Concourse Lakeside II provides investors with a unique value-add opportunity to acquire an asset in the heart of Raleigh-Durham at a significant discount to replacement cost.


Concourse Lakeside benefits from direct access to Interstate 40 and Interstate 540, offering superior accessibility and regional connectivity to the surrounding Raleigh-Durham metropolitan area. The asset is strategically positioned adjacent to the established Perimeter Park business park in Raleigh, North Carolina, with proximity to the world-renowned Research Triangle Park, RDU International Airport, Duke University, and the University of North Carolina at Chapel Hill. The concentration of prestigious academic institutions and corporate headquarters in the surrounding area has strengthened Concourse Lakeside's infill location as the regional knowledge economy continues to expand and investment opportunities for premium office assets become increasingly scarce. Concourse Lakeside represents a unique opportunity to invest in an asset that offers attractive upside potential at a price that is at a discount to replacement cost in this highly desirable and education-rich market of Raleigh-Durham.

...

Attributes

Building area gross
78,820 sf
Occupancy
18%
Year built
1999
Land area gross
6.73 acres
WALT
2.1 years
Concourse Lakeside II (2 Properties)
Concourse Lakeside II (2 Properties)

Media

Investment highlights

  1. Strategically Located with Premier Accessibility and Regional Connectivity.
  2. Significant Discount to Replacement Costs
  3. Value-Add Investment with Immediate Upside Potential
Concourse Lakeside II 4_Property for Sale
Concourse Lakeside II 4_Property for Sale

Contact brokers

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Jan 22, 2026