CBRE|Raleigh Represents New Zebulon Business Park Designed by Bobbitt

RALEIGH & ZEBULON, N.C. -- CBRE|Raleigh is pleased to announce their partnership with TME Investments and Bobbitt Design Build to lease a recently started 20,000-square-foot speculative flex building referred to as Triangle East Business Park Lot 2, located on Industrial Drive in Zebulon. Formerly known as the Zebulon Industrial Park, the new single-story structure will provide necessary office, warehouse and manufacturing space for a variety of businesses in an excellent location.

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Bobbitt designed the building to have a high-tech appearance that borrows aspects of another Bobbitt project, the North Carolina-based Nomacorc headquarters building – a company that manufactures 157 million plastic wine-bottling stoppers a month and is located in the same park.

Approximately 200 feet by 100 feet of the structure has no interior columns and provides the utmost flexibility for use. The space yields a 14-foot height clearance and contains both dock height and drive-in doors.

Bobbitt was chosen to complete this project based on past performance working for the developer, TME Investments, and the Noël family of companies, which is financing the project.

“Bobbitt’s ability to design and build an attractive, quality facility in a timely fashion was important to this strategic project,” said Mark Andrews of TME Investments. “It is available for lease now and can be fit up to meet any client’s needs.”

Anticipated completion of the new facility is May 2015. Daniel Jackson is the lead broker for the CBRE team handling leasing for the facility.

About CBRE | Raleigh
CBRE|Raleigh is a CBRE office serving the Triangle region and is a joint venture of local principles along with CBRE Group, Inc.  The firm assists real estate owners, investors and occupiers by offering strategic advice and execution for property leasing and sales; property, facilities and project management; corporate services; debt and equity financing; investment management; valuation and appraisal; research and investment strategy; and consulting. In 2012, the Raleigh office completed $850 million of sales and leasing transactions.

About CBRE in the Mid-South Region
CBRE is the only global real estate services firm with offices in Norfolk, Newport News, Richmond, Charlottesville, and Fredericksburg, VA, and Raleigh and Greensboro, NC. These offices are collectively referred to as the Mid-South region. The CBRE Mid-South offices (excluding Northern Virginia and Charlotte, NC offices) completed $2.4 billion of sales and leasing transactions in 2012.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2010 revenue). The Company has approximately 31,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. Please visit our Web site at www.cbre.com.

About Bobbitt Design Build
Established in 1946, Bobbitt Design Build is the Carolinas’ largest design build contractor for commercial construction, which provides control of site and architectural design, engineering, permitting and construction services under one roof. The employee-owned company has built more than 3,500 commercial buildings throughout the Carolinas.