Liberty WarehouseFOR LEASE

DURHAM

611 Rigsbee Avenue, Durham, NC 27701

• HighprofilelocationinDowntownDurham• AdjacenttoCentralParkandtheDurhamFarmer’sMarket• 24,000SFofgroundfloorandmezzanineretail/restaurantspace• Approximately7,300SFavailable• Mixed-use,multifamilyprojectwith247luxuryhousingunits• 75dedicatedretailparkingspacesinparkingdeck• DELIVERING FALL 2016

NEW RETAIL SPACE IN DURHAM’S VIBRANT CENTRAL PARK DISTRICT

ERICJ.MILLER|Office:919.287.2134|Mobile:919.308.5750|emiller@realestateassoc.comCAREYGREENE|Office:919.287.2135|Mobile:919.949.5672|cgreene@realestateassoc.com

3333Durham-ChapelHillBoulevard,SuiteC,Durham,NC27707|www.realestateassoc.com|919.489.2000No warranty or representation, expressed or implied, is made to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental, or other conditions, withdrawal without notice, and to any special listing conditions imposed by principals. REV 07/21/2016

ERICJ.MILLER|Office:919.287.2134|Mobile:919.308.5750|emiller@realestateassoc.comCAREYGREENE|Office:919.287.2135|Mobile:919.949.5672|cgreene@realestateassoc.com

3333Durham-ChapelHillBoulevard,SuiteC,Durham,NC27707|www.realestateassoc.com|919.489.2000No warranty or representation, expressed or implied, is made to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental, or other conditions, withdrawal without notice, and to any special listing conditions imposed by principals. REV 07/21/2016

1MILE 3MILES 5MILESPOPULATION 15,574 91,725 180,973NUMBEROFHOUSEHOLDS 5,881 34,425 71,227AVERAGEHOUSEHOLDINCOME $53,308 $49,601 $58,765TOTALBUSINESSES 1,377 4,343 7,005TOTALEMPLOYEES 19,792 71,662 101,289

2016 DEMOGRAPHICS

AmericanTobaccoDistrict

GovernmentServicesDistrict GoldenBelt

District

CityCenterDistrict

CentralParkDistrictWarehouse

District

FLOOR PLAN AND MAP

BrightleafDistrict

* Can be combined for approximately

7,300 SF

3333Durham-ChapelHillBoulevard,SuiteC,Durham,NC27707|www.realestateassoc.com|919.489.2000No warranty or representation, expressed or implied, is made to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental, or other conditions, withdrawal without notice, and to any special listing conditions imposed by principals. REV 07/21/2016

AERIAL

WPETTIGREWSTMORRISST

WCHAPELHILLST

WestVillageApartments

RAMSEURST

FOSTERST.

USPOSTOFFICE

RIGSBEEAVE.

WMORGANST

DurhamCentralPark

DurhamAthleticPark

EllenCassidyArchitecture

DurhamPoliceDept.

DurhamCenterforSeniorLife

DurhamFarmers’Market

InnovationDistrict

539FosterCondos

TheBrannanCondos

TheMeasurementBuildingComing2017

3333Durham-ChapelHillBoulevard,SuiteC,Durham,NC27707|www.realestateassoc.com|919.489.2000No warranty or representation, expressed or implied, is made to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental, or other conditions, withdrawal without notice, and to any special listing conditions imposed by principals. REV 07/21/2016

Durham,NorthCarolinaisacitythathastransformeditselffromaneconomybasedontobaccoproductsto

onedrivenbyhealthcare,biopharmaceuticals,research,academia, high tech manufacturing, entrepreneurship,services and hospitality. The only reminders today ofthe once thriving tobacco industry are the numerouswarehouseand factorybuildings thatstill remain intactinandaroundDowntownDurham.Thesestructureshavebeenconvertedintoloftapartments,creativeofficespace,restaurantsandshops,givingDurhamauniquecharacterandsenseofplace.Constructionofnewofficebuildings,apartmentcommunitiesandentertainmentvenuessuchastheDurhamPerformingArtsCenter,haveaddednewplacestowork,liveandenjoycultureandentertainmentinthecenterofDurham. Duke University, consistently ranked among thenation’stopuniversities,anditswidelyacclaimedmedicalcenter,employtensofthousandsinjobsassociatedwithacademia, health care and research. Duke’s roughly

12,000 undergraduate and graduate school studentshail from around the world. The University is locatedapproximately one mile from downtown and its EastCampus,theoriginalTrinityCollege,touchesdowntown’swestern fringe. North Carolina Central University, alsolocatednearby,hasastudentenrollmentofover8,000.TheUniversityhassignificantlyincreaseditssizeoverthelastdecadeandhasundergoneamassiveexpansionofitscampus. Together, the cities ofRaleigh,DurhamandChapelHillformthethreepointsoftheResearchTriangleregionofNorthCarolina,hometoover1.5millionpeople.AtthecenteroftheTriangle,andlocatedalmostentirelywithinDurhamCounty,istheacclaimedResearchTrianglePark,hometosomeoftheworld’smostsuccessfulcompanies.IBM, GlaxoSmithKline, BASF, Bayer, DuPont, Syngenta,Cisco,EMCandBiogenIdecareamongthe170companiesthatresidewithinthe7,000acreresearchpark.Theparkemploysover40,000peopleinhighwagejobs.

DURHAM, NORTH CAROLINA

DOWNTOWN DEMOGRAPHICS

2014 DEMOGRAPHICS 1 MI. RADIUS 3 MI. RADIUS 5 MI. RADIUS

Population 12,719 87,967 176,066

Households 5,274 33,279 69,709

Average Household Income

$41,178 $46,954 $55,336

Median Age 33.6 30.4 32.3

115 Market St, Suite 213Durham, NC 27701

Phone: 919-682-2800

DowntownDurham.com

facebook.com/DowntownDurham

@downtowndurham

90restaurants

& bars

$1.3billion of

investment since 2000

55 retail

stores

2,500 residents

+ 1,700residential

units

+

16,500people work downtown

+

150startups

93office

occupancyrate

%

Top: Take in a show at the historic Carolina Theater.

Middle: Enjoy some of the country’s best dining in

one of over 70 restaurants in Downtown. Bottom:

Start (or relocate) your business in the heart of our

region’s bustling economy—Downtown Durham.

+

FUN FACT:Over 3 million people visited Downtown in 2014.

All numbers estimated at time of printing.

+

+

Source: DowntownDurham.com

3333Durham-ChapelHillBoulevard,SuiteC,Durham,NC27707|www.realestateassoc.com|919.489.2000No warranty or representation, expressed or implied, is made to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental, or other conditions, withdrawal without notice, and to any special listing conditions imposed by principals. REV 07/21/2016

ThedowntownDurhamareahasseenover$1.3billionin investmentsince2000. Inrecentyears,Downtown

Durham has been a thriving mecca for entrepreneurs,startups and established companies seeking to harvestthetalentandcultureoftheDurhamarea.

American Underground, a space for entrepreneurs,has grown from35 startups in 2010 to occupying threedowntown Durham locations with over 175 companies.In 2013, American Underground was named a Googlefor Entrepreneurs Tech Hub, one of just seven in NorthAmerica.

AnewDukeUniversity-fueledentrepreneurialspace,TheBullpen,officiallyopened indowntownDurham in2015.The15,000-square-footspaceistheofficialhomeoftheDukeInnovationandEntrepreneurshipInitiative.

Digital Turbine, a mobile content software company,acquired and expanded Appia, a Durham apps purveyorand advertiser in 2015, in a deal valued at about $100million.

WillowTree, a mobile apps developer based inCharlottesville,Va., selectedDurham frommore than30citiesacrossthecountryforits2016expansion.

NetSuite,aCaliforniasoftwarecompany,acquiredDurham-basedstartupBrontoSoftwarefor$200millionin2015.

In 2015, Ticketmaster acquired Durham-based TwoToasters,aleadingdesignanddevelopmentagencybasedinDurham.

Nutanix, a global storage tech firm, opened an office indowntownDurhamin2014,quicklyexpandingfrom2,687sq.ft.to16,593sq.ft.intheMeasurementBuildingwithinitsfirstyearinDurham.

BioLabNCsigneda42,000sq.ft.leasecreatingasharedlab space model for startup and growing life sciencecompaniesinTheChesterfieldredevelopmentin2015.

RedHatacquiredDurham-based software startupAnsible for more than$100millionin2015.

Avalara, a Seattle-basedtax automation andcompliance firm, choseDurham in 2014 as thelocation for their majorEastCoastfootprint.

In 2014, a team ofdevelopers led byLongfellow Real Estate Partners, Duke University andMeasurement, Inc.unveiledformalplansfortheDurhamInnovation District, a 15-acre redevelopment projectconsistingofonemillionsquarefeetofoffice,labandretailspaceand300residentialunitsindowntownDurham.

DukeUniversitysignedleasesforover200,000sq.ft.oflabspaceinLongfellowRealEstatePartners’CarmichaellabbuildingandWexfordScience&Technology’sChesterfieldfactory.

DOWNTOWN DURHAM

Top: Five Points features a unique blend of businesses, dining and retail. Middle: One of the most famous baseball teams in

the world, the Durham Bulls drew 500,000 fans to downtown in 2014. Bottom: Enjoy the outdoors in Durham Central Park,

home to a lively farmer’s market community every weekend.

RECENT & PROPOSEDDEVELOPMENT THROUGH 2017

1,000residential

units

+450hotelrooms

+

600,000sq. ft.

of office

+25,000sq. ft.

of retail

+

Source: DowntownDurham.com

© 2015 Durham Convention & Visitors Bureau

31st

Convention & Visitors Bureau

101 E Morgan St, Durham, NC 27701 USA(919) 687-0288 | (800) 446-8604FAX (919) 680-8340www.durham-nc.com

AN ACCREDITED DESTINATION MARKETING ORGANIZATION

1 2 E X E M P L A R Y C I TAT I O N S

MSA amongAmerica’s

~ ForbesSmartest Cities

50Best Value

for 2015~ Trivago

Cities

for2nd

Top Small Metro

College Students~ American Institute for Economic Research

3rdMostEducated City

in America~ Nerdwallet

Top

Best~ Livability

MostCreativein

~ MovotoCities US

Top15U.S. Reputation

of

~ TrivagoRankings

3333Durham-ChapelHillBoulevard,SuiteC,Durham,NC27707|www.realestateassoc.com|919.489.2000No warranty or representation, expressed or implied, is made to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental, or other conditions, withdrawal without notice, and to any special listing conditions imposed by principals. REV 07/21/2016

DOWNTOWN DURHAM

Source: Durham Convention & Visitors Bureau

NonprofitFHI360relocateditsheadquartersfromRTPto95,000sq.ft.intheAmericanTobaccoCampusin2013,bringingover400jobsdowntown.

Thedowntownhotelinventorymorethantripledin2015withtheadditionoffournewhotelprojects:

• The$48million,17-story,125-room21CMuseumHotel

• Thesix-story,134-roomAloftDurhamDowntownhotel

• TheDurham,a53-roomboutiquehotel

• The 145-roomResidence Inn byMarriott adjacent toDuke’sEastCampus

TheDurhamBull’sAthleticPark,hometoDurham’sownAAA baseball team, received a $20-million renovationin 2014, earning recognition for the Best BallparkRenovation over $2Million in the 2014 annual awardsfromBallparkDigest.

In 2015, the world-class Durham Performing ArtsCenter again rankedasoneof thebest theaters in thecountryforitssize,placingamongthetopfivevenuesinattendanceandsales,hosting233eventsanddrawingarecord484,527guestsand104sellouts.