• North Carolina Rate Bureau, 2910 Sumner Boulevard, Raleigh, with Harold C. Rich, Jr. as Tenant Representative and Malcolm Lewis as Landlord Representative.

• Schwab Performance Technologies, Inc., 4000 Westchase Boulevard, Suite 100, Raleigh, in a lease renewal with Michelle Rich Goode as Tenant Representative and Hillman Duncan as Landlord Representative.

• Copeley, Johnson & Groninger, PLLC, 300 Blackwell Street, Suite 110, Durham, with Harold C. Rich, Jr. as Tenant Representative and Robert Hoyt and Courtney Harris as Landlord Representatives. 

Rich Commercial Realty/KW Commercial, Raleigh, negotiated the following purchases: 

• Highfill Infrastructure & Engineering, 2703 Jones Franklin Road, Suite 201, Cary with Harold C. Rich, Jr. as the Buyer Representative and Karen Senchak as Seller Representative.

• Coastal Mechanical Services, LLC, 4504 Bennett Memorial Road, Durham, with Harold C. Rich, Jr. as Tenant Representative and Greg Payne as Landlord Representative.

• SpecComm International, Inc., 3101 Poplarwood Court, Suite 120, Raleigh, with Michelle Rich Goode as Tenant Representative and Gary Lyons as Landlord Representative.

Please contact Bo here.

• The Law Office of D. Hardison Wood, 1400 Crescent Green, Suite 100, Raleigh, in an expansion with Harold C. Rich, Jr. as Tenant Representative and Bret Muller as Landlord Representative.

• Umicore, Inc., 3600 Glenwood Avenue, Raleigh, with Michelle Rich Goode as Tenant Representative and John Hogan as Landlord Representative.

• Dogwood Equity, 4101 Lake Boone Trail, Suite 120, Raleigh, with Michelle Rich Goode as Tenant Representative and Tripp Bradshaw as Landlord Representative.

• Womble Carlyle Sandridge & Rice, PLLC, 2530 Meridian Parkway, Suite 125, Durham, with Michelle Rich Goode as Tenant Representative and Don Shupe as Landlord Representative.

Rich Commercial Realty, Raleigh, negotiated the following purchases:

• Confero, Inc., 535 Keisler Drive, Suite 204, Cary with Harold C. Rich, Jr. as the Buyer Representative and Amy Bush as Seller Representative.

• Susan Hatchell Landscape Architect & Park Design, 711 W. North Street, Raleigh with Harold C. Rich, Jr. as the Buyer Representative and Malcolm Lewis as Seller Representative.

Featured transaction:

Walton Orthodontics, 1505 SW Cary Parkway, Suite 207, Cary, in a lease renewal with Michelle Rich Goode as Tenant Representative and Bret Muller as Landlord Representative.

With 12 months remaining on her lease, Dr. Mary Walton engaged the assistance of KW Commercial/Rich Commercial Realty on the advice of her attorney. The monthly rent that the practice was paying had become burdensome after escalations over a nine year lease term.

After deliberations with the architect and KW Commercial/Rich Commercial Realty, it was determined that the space could work and by extending the lease term, the practice could improve its cash flow over the next six years. Additionally, a personal guaranty was reduced substantially which created an improved financial position for Dr. Walton.

The new term was dramatically improved by blending and extending the lease and by utilizing concessions, a lower rental rate and minimal tenant improvements. Dr. Walton’s practice yielded immediate savings with the new rate taking effect one year early.

• Schwab Performance Technologies, 434 Fayetteville Street, Suite 1300, Raleigh, in a lease expansion and renewal with L. “Tripp” Lineberry as Tenant Representative and Frank Baird as Landlord Representative.

• Scott Insurance, 4700 Falls of Neuse, Suite 320, Raleigh, in a lease renewal with Harold C. Rich, Jr. as Tenant Representative and Jordan Betz as Landlord Representative.

• I. Kruger, Inc., 401 Harrison Oaks Blvd., Suite 210, Cary, with Harold C. Rich, Jr. as Tenant Representative and John Brewer as Landlord Representative.

• The Diet Center, 9101 Leesville Road, Suite 119, Raleigh, with L. “Tripp” Lineberry as Tenant Representative and Brian Ernenwein as Landlord Representative.

• PrintSurge Inc., 200 Trans Air Drive, Suite 300, Morrisville, with L. “Tripp” Lineberry as Tenant Representative and Dee Creech as Landlord Representative.

• Innvision Hospitality Supply, 231 Capcom Avenue, Suite 164, Wake Forest, with L. “Tripp” Lineberry as Tenant Representative and Donald Matthews as Landlord Representative.

• Epic Engraving, 4908-110 Alpinis Drive, Raleigh, with Tawnie Gainer as Tenant Representative and Kim Schweibinz as Landlord.

• Greenhorne & O’Mara, Inc., 5565 Centerview Drive, Suite 108, Raleigh, in a lease renewal with Harold C. Rich, Jr. as Tenant Representative and Alban Barrus as Landlord Representative. 

• Millberg Gordon & Stewart, PLLC, 1101 Haynes Street, Suite 104, Raleigh, in a lease renewal with L. “Tripp” Lineberry as Tenant Representative and Frank Gailor as Landlord Representative. 

Rich Commercial Realty, Raleigh, negotiated the following purchases:

•  JDAL Trust, 1101 Dresser Court, Raleigh with Harold C. Rich, Jr. as the Buyer Representative and Pam Michael as Seller Representative.

Rich Commercial Realty/KW Commercial North Raleigh

Connecting you with the right space

The Rich Commercial Realty/KW Commercial team helps clients locate and negotiate the best office or industrial space for their needs.

Since 1989, the RCR team has combined their exclusive approach to tenant/buyer representation, knowledge of the Triangle real estate market and negotiation expertise to bring the highest value possible to clients seeking to lease, expand or purchase.

Client referrals are the company’s greatest source of new business, a fact that underscores the premium RCR/KWC places on building relationships through excellent service that extends well past a transaction’s closing. Past and current clients note the efficiency RCR/KWC brings to the often complicated, time-consuming commercial real estate search, which eases the process and minimizes work disruption.

What differentiates RCR/KWC from other real estate companies is their exclusive approach to tenant/buyer representation, which means that RCR/KWC works exclusively for clients who seek to either buy or lease space – not for sellers or landlords who have a different agenda.

• Management Recruiters of Raleigh, Inc., 5171 Glenwood Avenue, Suite 350, Raleigh, in a lease renewal with Michelle Rich Goode as Tenant Representative and Jim Harris as Landlord Representative.

 

•  Schwab Performance Technologies, Inc., Two Hannover Square, Suite 1300, Raleigh, in a lease expansion with L. “Tripp” Lineberry as Tenant Representative and Frank Baird as Landlord Representative.

 

•  Ju Chiropractic Wellness Center, P.A., 10208 Cerny Street, Raleigh, with L. “Tripp” Lineberry as Tenant Representative and Brad Corsmeier as Landlord Representative.

 

•  Raleigh Facial Pain Center, 4201 Lake Boone Trail, Suite 107, Raleigh, with L. “Tripp” Lineberry as Tenant Representative and Tripp Bradshaw as Landlord Representative.

 

•  Pam’s School of Raleigh, 2705 New Bern Avenue, Raleigh, with L. “Tripp” Lineberry as Tenant Representative and Terry Mikels as Landlord Representative.

 

•  SWA Consulting, 801 Jones Franklin Road, Suite 270, Raleigh, with L. “Tripp” Lineberry as sub-Tenant Representative and Harold Rich as Tenant Representative.

Featured transaction: 

Hands on Health, 2321 Blue Ridge Road, Suite 102, Raleigh, in a lease renewal with Harold Rich as Tenant Representative and Chris Woody as Landlord Representative. Hands on Health, 539 Keisler Drive, Suite 104, Raleigh, with Harold Rich as Tenant Representative and Eddie Blair as Landlord Representative. 

Harold approached the Raleigh property’s landlord about Hands on Health’s desire to remain in their Raleigh location while underscoring their need to renew the lease at more favorable terms. Prepared with a range of properties that were comparable to the space the client was currently occupying, the Rich Commercial Realty team negotiated aggressive rent concessions. In Cary, Rich Commercial Realty represented the client in negotiations to move to a larger suite within the same complex. The landlord offset moving costs with rent concessions and the new space meets Hands on Health’s plumbing requirements.

A lease renewal enabled Hands on Health to continue doing business at their established Raleigh location while reducing rental overhead.

In Cary, Rich Commercial Realty secured a larger space and negotiated aggressive rent concessions and relocation assistance from the landlord.  The new space was also upfit to Hands on Health’s specific needs at no cost to them.

• AVEC Service Center, Inc., 5829 Triangle Drive, Suite B, Raleigh, with L. “Tripp” Lineberry as Tenant Representative and Ron Schwartz as Landlord Representative.

• Strategic Pharma Solutions, 4711 Six Forks Road, Suite C, Raleigh, with L. “Tripp” Lineberry as Tenant Representative and Harold Fowler as Landlord Representative.

Rich Commercial Realty, Raleigh, negotiated the following purchases: 

• Advanced Plastiform, Inc., 535 Mack Todd Road, Zebulon, purchased 58,600 square feet with L. “Tripp” Lineberry as Buyer Representative and Butch Miller as Seller Representative.

• Edge Cheer & Dance, LLC, 105 Friendly Drive, Raleigh, purchased 1,900 square feet with L. “Tripp” Lineberry as Buyer Representative and Kyle Greer as Seller Representative.

Featured transaction: 

HH Architecture, 520 South Harrington Street, Raleigh, purchased 4,000 square feet with Tawnie Gainer and Michelle Rich Goode as the Buyer Representatives and John Webster as the Seller Representative.

The team located an available 4,000 square foot property offered by a motivated seller in a transitional neighborhood in downtown Raleigh.  Estimates for required asbestos abatement and a completed set of plans for the total renovation of the building assisted with the appraisal process for the lender’s requirements.  The due diligence process was expedited by their efforts in obtaining information about a planned Progress Energy substation near the property and investigating the potential purchase of adjacent lots for future expansion. HH Architecture purchased the building at below asking price. The building, formerly a Class-C industrial space is being transformed into a Class-A office space.  HH Architecture will complete renovation work and will relocate into their new space by Mid-April 2010.