Description

Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained as the exclusive sales representative for Brook Forest (the “Property”), a 66,271 SF boutique office building in the Raleigh-Durham, NC market. The Property is 91.6% occupied with a weighted average lease term (WALT) of 3.1 years.

Brook Forest benefits from direct access to Interstate 440, Raleigh’s beltline and the backbone of commuter traffic within the region, and Interstate 540, the outer loop connecting core Raleigh to the surrounding regions. The immediate area delivers strong retail amenities, including Quail Corners Shopping Center, and sits adjacent to North Raleigh’s affluent residential neighborhoods, including North Ridge Country Club, the hallmarks of a well positioned neighborhood office asset.

The Property’s tenant base is anchored by established healthcare, financial services, and insurance firms, with no single tenant accounting for an outsized share of building income. Recent leasing activity reflects sustained demand and confidence in the asset, as 100% of the existing tenancy has renewed or executed a new deal since 2022. Brook Forest offers a 4.4 per 1,000 SF parking ratio with surface parking, a meaningful advantage for tenants in a suburban office setting. Situated in one of the nation’s fastest growing metro areas, Raleigh ranks as the 2nd fastest-growing major metropolitan area in the U.S.

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