
CBRE has been selected to lease the multiple retail phases of Alston Yards, a $500 million, 41-acre mixed-use development located at NC Highway 55 and O’Kelly Chapel Road in Cary, North Carolina.
CBRE’s Jon Stanley and Charlie Coyne will market approximately 65,000 square feet of retail space on behalf of developer Heritage Capital Partners.
The retail offering will be integrated into a master-planned, mixed-use environment that includes up to 900 residential units, 200,000 square feet of office space, a boutique hotel, and over seven acres of open space, including a town park and a large community gathering area.
The property will benefit from proximity to Parkside Town Commons, a 500,000-square-foot retail center, and Apple’s proposed 900,000-square-foot East Coast engineering hub.
“The scale, demographics, and vision behind Alston Yards make it one of the most compelling retail leasing opportunities in the Carolinas,” added CBRE’s Charlie Coyne.
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