Category: Office

19 May 4040 Ed Drive Welcomes New Tenant

Centrex Properties is pleased to announce our newest tenant, Edward Jones at 4040 Ed Drive. Edward Jones moved into their new 1,289 SF office in January.  John Underhill and his team at Edward Jones specialize in retirement and college saving planning for clients, as well insurance and estate planning needs.

Located just south of Edwards Mill Road, 4040 Ed Drive is a two-story mixed use building; home to Centrex Properties. The property is currently 100% leased.
Centrex is pleased to add Edward Jones to the varied mix of their other valued, long-term tenants.  Original tenants since 2007, Deluxe Dry Cleaners, Roly Poly and Tenko Japan Restaurant were later joined by TM Nail Spa, EA Wells Hair, and Carolina Nutrition.
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19 Apr Boyd Hall Update

As Chapel Hill continues to grow, so does Boyd Hall. We are happy to announce our newest addition, Deep Springs, LLC. Deep Springs is a real estate management and holding company from Hillsborough, who have just leased 1,159 square feet at Boyd Hall.

Another of Boyd Hall’s tenants, Armacell  is expanding into an additional 3,376 SF, making their total square footage 14,240.

We are also excited to announce the opening of UNC Maternal-Fetal Medicine’s office. They have just completed the buildout of their new 8,000 square foot clinic. The clinic officially opens on May 1, 2017, but is now open for ultrasound appointments.

Boyd Hall is a Class A office building located at 55 Vilcom Center Drive on the corporate campus of Chapel Hill 40, just off Weaver Dairy Road, across the street from the Timberline Shopping Center. Currently there is one space remaining with 702 SF.

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27 Mar Construction at Tryon Village Underway

Centrex Properties is proud to announce the commencement of construction for our new 8,708 square foot building in the Tryon Village Shopping Center. Tryon Village, anchored by Harris Teeter, is located at the intersection of Tryon Road and Walnut Street in Cary. The new building sits at the southwest end of the current center and further enhances the existing 103,000 square feet of retail, restaurant, and service opportunities that the community already enjoys at Tryon Village.

North Carolina Eye, Ear, Nose & Throat  (NCEENT) will be the first tenant to move into 6,966 SF of the new building. NCEENT offers Ophthalmology, and Otolaryngology care for patients and they are also active in medical research and the training of new physicians.

NCEENT has five offices in North Carolina. Their main office is a 35,000 square foot state of the art medical office building designed for patient comfort and convenience in Durham, NC. They also serve patients in locations in Chapel Hill, Roxboro, and South Durham. The new location at Tryon Village will be a relocation of their current office in Cary on SE Cary Parkway.  NCEENT  is slated to open during fourth quarter, 2017.  The Tryon Village location will provide patients with a full range of their services, along with a complete optical center.

There is only one unit remaining in the new building at Tryon Village. The space is 1,742 square feet and features an outside patio, perfect for restaurant use.  Centrex will continue pre-leasing efforts at Tryon Village Shopping Center for the remaining 22,000 square feet of retail space.

Take a look at the Tryon Village brochure for information on the current tenant mix as well as all available spaces. Contact the Centrex Leasing Team with any inquiries about availability.


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7 Mar Spotlight on Wakefield Crossing

Wakefield Crossing is quickly becoming the one-stop location for all or your medical and professional needs. Located on Falls of Neuse Road in the Wakefield area of North Raleigh, close to Capital Boulevard/US 1, one mile from Rex Healthcare & Wellness. The 13,500 SF garden style office complex is situated on 1.41 acres and is home to some of the areas most prestigious and sought after businesses.

NC Neuropsychiatry ( – Our most recent addition to Wakefield Crossing, NC Neuropsychiatry relocated to the center in January 2017. NC Neuropsychiatry began at the University of North Carolina in 1978 as the Neuropsychiatry Research Project, funded by the National Institutes of Health. In 1988, NC Neuropsychiatry, PA became the first private clinic in North Carolina devoted exclusively to medical psychiatry and rehabilitation. NC Neuropsychiatry treats both children and adults seeking help for ADHD, anxiety and mood disorders, brain injuries, developmental, neurological, and memory disorders. NC Neuropsychiatry also has offices in Chapel Hill and Charlotte.

Larkspur Salon & Spa ( – An Aveda exclusive salon offers hair services, massages, facials, manicures, pedicures, lash extensions, waxing, airbrush tanning, and nail services with the best pure-plant, professional-grade products. The salon also caters to brides with a private styling station for the bride and a large open floor plan that allows room for a photographer to capture their day.

Riccobene and Associates Family Dentistry ( – We like to think of Riccobene as the spa of Dentistry. With complimentary Starbucks coffee and hot cocoa, video games, free WiFi, and even blankets – this dental experience is both relaxing and inviting. Riccobene Associates has been the voted the Best Dentist in the Wake and Johnston counties by a number of publications, including Angie’s List and Cary Magazine, for more than ten years. Since their inception in 2000, our Raleigh-area patients have sought their dentists for pediatric, cosmetic, and family dentistry needs.

Currently, we are looking for the perfect tenant to round out our existing tenant mix. There is one remaining 2,252 SF first generation shell space available. The suite is ideal for a physician, chiropractor, physical therapy, as well as office professionals to build out and make their own. For more information about Wakefield Crossing contact our leasing team at 919-861-2102.

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17 Nov Boyd Hall Captures Prestigious Tenants

Over the past two years, the Chapel Hill commercial real estate market has experienced a substantial increase in tenancy. Office properties saw a significant drop in vacancies from 16% in January 2015 to 8.75% in October 2016. Centrex Properties is happy to announce that Boyd Hall has been able to capture some of those new and prestigious tenants. Here are our newest tenants that helped us to successfully improve occupancy at Boyd Hall.

Most recently, UNC Maternal-Fetal Medicine, offering obstetrical care for women, leased approximately 8,000 SF. Construction will begin shortly with an anticipated occupancy of April 2017.

Oak Foundation, Learning Differences Programme, has been a long-term tenant at Boyd Hall and recently expanded its operations. The Learning Difference Programme for Oak supports teacher development, student engagement, and parental understanding to enable students to follow their individual paths to lifelong learning success.

Atox Bio, a biotechnology company, headquartered in Israel, leased 1,959 SF for their Chapel Hill operations.

In 2015, Armacell, manufacturers of Armaflex – a mechanical insulation product, moved their corporate office from Mebane, North Carolina to their new 10,864 SF office at Boyd Hall.

Boyd Hall is a Class A office building located at 55 Vilcom Center Drive on the corporate campus of Chapel Hill 40, just off Weaver Dairy Road, across the street from the Timberlyne Shopping Center.

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2 Nov Centrex Properties’ Timber Commons in Garner, North Carolina – Now 100% Leased

With the addition of 4 new tenants, Timber Commons is now 100% leased. The 25,340 SF garden-style medical/office park is located at the corner of Timber Drive and Aversboro Road in Garner. Thanks to TradeMark Properties’ leasing team, Centrex Properties is excited to announce the following new tenants at Timber Commons:

  • Florida-based, Pickett Surveying & Engineering, an engineering, surveying, and mapping firm moved into 1,656 SF this past spring.
  • Augustine Home Health Care, a professional and personal care company for seniors, moved into 1,584 SF in June. The company also has multiple locations in Maryland and Texas.
  • UNC Pediatrics moved into 3,025 SF this past September. The company has multiple Pediatrics locations throughout the Triangle.
  • Edward Jones has leased 1,430 SF at Timber Commons and expects to move into their new office in January of 2017.

Other existing tenants at Timber Commons include Avance Care, Alignment Healthcare, Q1 Clinical Consultants, ACI Support Specialists, McClure Orthodontics, and David Hall DDS.

We thank all of our tenants for choosing Timber Commons as their home.