Project Description

Property:
4700 Falls of Neuse Road
Raleigh, NC 27609

Land Area: Approximately 9.5 acres

Location: 4700 Falls is located on Falls of Neuse Road, 1.5 miles north of the i-440 Beltline, and 4.5 miles south of I-540.  It is 15 minutes from the Raleigh/Durham International Airport, Research Triangle Park, and Downtown Raleigh.

Ownership: Intercontinental, a SEC Registered Investment Advisor located in Boston, MA

Park Manager & Leasing Agent: Spectrum Properties

Developer: Castle & Cook

General Contractor: Centurion

Fiber Optic Network: A central nervous system of fiber optics and T-1 cable is provided for the building.  Tenants are able to hook into this system economically for Internet, computers and phones.

Landscaping: 4700 Falls' dramatic landscaping in maintained by Parker's Landscaping

Building Construction: Brick and steel frame structure with pewter reflective glass.

Building Lobbies: The North and South Tower of 4700 Falls each feature a two-story lobby with polished marble floors, dramatic lighting, stained wood-paneled walls, painted gypsum board ceilings, artwork, and attractive planters and flowers.

Building Square Footage/Floors: Approximately 173,831 rentable square feet and four floors.

Building Common Area Factor: 4700 Falls approximates a 15% rentable factor for multi-tenant space and a 10% factor for full floor users.

Tenant Finishes: Tenant finishes include carpeted floor and base, painted gypsum wallboard, 2x2 acoustical lay-in tiles and a suspended pre-finished metal grid installed 9' above the finished floor.  The lighting is provided by 2x4 lay-in, 18-cell parabolic flourescent fixtures.  The tenant interior doors are 8' high, solid slab, stained wood doors hung from painted hollow metal frames with lever hardware.  Horizontal metal blinds are installed on the exterior windows.

Heating, Ventilation & Air Conditioning (HVAC): 4700 Falls is fully integrated so that all tenant spaces can be adjusted by computer from the management office, thus reducing maintenance costs.  Tenants can request after-hours HVAC through the Internet.

Restrooms: Building restrooms feature granite countertops, patterned tile floors, and attractive sconce lighting.

Elevators: High-speed traction elevators transport tenants quickly to their desired floor.  An additional service elevator is centrally located in the building and accessed from the rear entrance.

Parking: 4700 Falls offers an overall ratio of approximately 4.3 spaces per one thousand usable square feet.  Fourteen handicap spaces are available and ample visitor spaces are provided along the front of the building.

Roof: A gravel-ballasted, EPDM membrane is installed over two layers of 1 1/2" isocyanurate insulation with staggered joints.

Life Safety: Fire extinguishers are located throughout the building, 6" standpipes are installed at all three stair enclosures, and the integrated smoke detection/fire alarm system is operated remotely.

For Leasing Information Please Contact:
Jessica Brock or Jordan Betz