CBRE Arranges Lease for Bob’s Discount Furniture’s First Raleigh Store at Capital Marketplace

CBRE has arranged a 34,070-sq.-ft. lease for Bob’s Discount Furniture at Capital Marketplace, marking the retailer’s first store in the Raleigh market.

CBRE’s Jon Stanley represented the landlord, Finmarc, in the lease transaction.

“We’re thrilled that Bob’s Discount Furniture selected Capital Marketplace for its Raleigh debut,” said Stanley. “Big box inventory across the Triangle is extremely tight, and we had significant interest in this space. Capital Marketplace’s location on Capital Boulevard, one of the busiest retail corridors in the region, makes it a prime destination for retailers looking to capture strong suburban demand.”

Located at 3340 Cypress Plantation Drive, Capital Marketplace is a high-traffic power center in Northeast Raleigh, just south of I-540, serving North Raleigh, Wake Forest, Rolesville, and surrounding suburbs. The center features a strong mix of anchor tenants including Burlington, BJ’s Wholesale Club, LA Fitness, and ParTee Shack, and is easily accessible via US-1, US-401, and US-64.

“Bob's Discount Furniture is a strong anchor retailer, complementing our already impressive anchor base at Capital Marketplace, which includes BJ's Wholesale Club, Burlington, and LA Fitness," said Sean Sullivan, Executive Vice President at Finmarc. "The opening of ParTee Shack earlier this year, followed by Bob's recent lease signing, demonstrates the continued growth along Capital Boulevard and at our center. We are now 98% leased. We are excited for Bob's to open and anticipate the store will perform well.”

According to CBRE’s Q3 2025 U.S. Retail Report, strong net absorption in the Southeast highlights lasting demand in population-growth corridors, with retailers increasingly targeting suburban formats like freestanding big box locations.