Press Releases

New Tenant Announced for The Chesterfield Building in Downtown Durham

RALEIGH, NC - December 1, 2016 - Wexford Science + Technology, a national real estate development company, has announced Nutanix as the newest tenant for the Chesterfield building located in downtown Durham. The Chesterfield is currently undergoing redevelopment and is represented by NAI Carolantic Broker, Robin Roseberry Anders, SIOR.

Nutanix is a software company which provides an enterprise cloud platform that makes infrastructure invisible, elevating IT to focus on the application and services that power businesses. The Chesterfield location is expected to be the largest east coast office for the San Jose-based company. The firm will occupy 70,000 square feet.

Wexford is transforming the historic Chesterfield tobacco building into an innovation hub that will include lab and office space, 11,500-square-feet of ground-level retail space and 42,000 square feet of shared lab innovation space. Located in Durham’s Brightleaf District, the new Chesterfield will accommodate a “live-work-play-learn” environment, fueling Durham’s growth and national reputation as a leader in health, science and technology innovation. Central to the building’s design is a six-story atrium that will increase the amount of natural light in the building and provide spaces for collaboration, networking and events. The project is expected to be completed in January. Other committed Chesterfield tenants include Duke University for 100,000 square feet and BioLabs NC for 42,000.

“NAI Carolantic is honored to have represented Wexford Science & Technology as the Chesterfield redevelopment has taken shape. Moreover, we are thrilled to welcome Nutanix to the building as they continue to build upon Durham’s dynamic technology ecosystem,” said Anders.

About Wexford Science + Technology

Wexford Science & Technology, LLC, provides real estate strategies and solutions exclusively to universities, academic medical centers, and research institutions. Wexford works collaboratively with its partner institutions to help create and develop vibrant, mixed-use, amenity-rich Knowledge Communities that are built on a foundation of research, discovery, and entrepreneurial activity.

Knowledge Communities operate as a nexus for leveraging academic intellectual capital, innovation, and infrastructure; concentrating talent, resources, and service providers; and enabling pathways for corporate collaboration, startup creation and growth, place-based networking and idea exchange. www.wexfordscitech.com

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NAI Carolantic is the area’s leading commercial real estate firm with twenty brokers, a full-service property management division, as well as an experienced marketing and research division. Established in 1972, NAI Carolantic is a member firm of NAI Global, the world’s premier network of commercial real estate firms and one of the largest real estate service providers worldwide. NAI has over 6,700 real estate professionals in over 375 offices around the world with regional management, global infrastructure, best practices and technology to provide clients with consistent, quality results.