JPB Raleigh Holdings has purchased Trinity Place, a 113,368-square-foot, class A office building in Raleigh, N.C.
Origin Investments is the seller.
Located at 1201 Edwards Mill Rd., Trinity Place is ideally situated in the heart of West Raleigh with immediate proximity to downtown Raleigh, Fenton, PNC Arena and the world-renowned local universities, including Duke, U.N.C.–Chapel Hill and N.C. State University. Additionally, the property has excellent regional connectivity via Interstates 40 and 440.
Currently 93.4 percent leased, Trinity Place is home to a strong tenant roster spanning multiple industries, including PR/media relations, insurance, business services, data processing, real estate, among others. The building offers class A finishes and floor-to-ceiling windows, paired with ample parking in a suburban campus setting.
“Trinity Place features long-term tenant stability paired with the opportunity to achieve immediate upside through the lease