Raleigh, NC

Rare Headquarters Listing Provides Unmatched Plug and Play Opportunity in Downtown Raleigh

June 21, 2023


Media Contact

CBRE|Raleigh has been retained to market 120 West in Raleigh, NC on a national level in efforts to lure new industry headquarters to the market. This one-of-a-kind opportunity in the heart of the vibrant Downtown Raleigh submarket offers 171,067 square feet of creative office space that is plug and play ready with FF&E available. The CBRE team is working closely with site selection consultants and Wake County Economic Development to market the space.

Formerly known as the Citrix headquarters, 120 West is a collaborative and innovative office environment in Downtown Raleigh. The building was originally constructed for the Dillon Supply Company as a block of warehouses and was redesigned to incorporate the historic charm of its original use with the modernization of today’s creative workplace environment. 120 West has achieved LEED Gold designation by incorporating sustainable design elements and maximizing natural light.

"CBRE|Raleigh is excited to introduce 120 West to the national market. The fundamentals in this region are exceptional, characterized by a diverse talent pool, top-tier educational institutions, and a pro-business environment. We are confident that the combination of Raleigh-Durham's vibrant market, coupled with the unparalleled amenities and distinctive features of 120 West, will make it an enticing choice for companies seeking a dynamic and inspiring workplace environment," said Executive Vice President Brad Corsmeier.

120 West’s amenities are unmatched with premier offerings for the everyday workplace, while creating an engaging employee environment. Its overall design is striking with a four-story atrium that features stacked intermodal shipping containers serving as 8 high-tech conference rooms, an executive conference room with adjacent catering kitchen, and a stadium seating town hall meeting room. Employees can enjoy a modern and full-scale fitness center, yoga studio, indoor basketball and racquet ball courts, bike storage, 12,000 square foot green roof and patio, robust break rooms, juice bar and restaurant with indoor and outdoor seating.

In addition to the on-site amenities, 120 West boasts ample parking in an adjacent 521-space deck with covered access. It is located within the heart of downtown’s warehouse district with over 6,400 existing residential units, another 2,700 units under construction and over 100 restaurants within a 10-minute walking distance.

CBRE|Raleigh’s Investor Leasing group is handling the leasing responsibilities for the project.

For more information on the project, visit: www.120westraleigh.com
About CBRE|Raleigh

CBRE|Raleigh is a CBRE office serving the Triangle region and is a joint venture between local principals and 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 2020, the Raleigh office completed $2.4 billion of sales and leasing transactions. Please visit our website at www.cbre.com/raleigh.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2023 revenue). The company has more than 130,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.