Transactions - JANUARY 5, 2021

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Mall to be converted into global HQ campus

by Released

Turnbridge Equities has plans to transfer ownership of the Cary Towne Center to Epic Games, with the goal of converting the property, which comprises 980,000 square feet on 87 acres in Cary, N.C., into Epic’s new campus by 2024. The facilities will include both office buildings and recreational spaces, allowing Epic the flexibility to create a campus customized from the ground up to accommodate its long-term growth.

Turnbridge acquired the Cary Towne Center mall in January 2019 in a distressed sale following the loss of three of its five anchor tenants. The firms recognized the potential to transform the space into a revitalized new development for the region and have since invested in the successful rezoning of the property. Thanks to this investment, Epic will be able to commence development of its new headquarters this year and begin the transformation of the property.

“Epic shares our vision for transforming Cary Towne Center into a vibrant community space. Thi

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