Press Releases

New Tenants Announced for HealthPark at Kildaire in Cary, NC

RALEIGH, NC - December 6, 2017 - MetroProperties, Inc., a Raleigh, North Carolina-based commercial real estate development firm specializing in office and medical office developments, announced its key tenants to anchor the new medical development, HealthPark at Kildaire which is located on Kildaire Farm Road at the intersection of WakeMed Drive in Cary, NC. The newly named address is 115 Kildaire Park Drive. HealthPark at Kildaire is a new, multi-building medical campus which is represented by NAI Carolantic Realty brokers Robin Roseberry Anders, SIOR and Moss Withers, SIOR, MBA.

According to Jay Johnson, President of MetroProperties, the anchor tenants are UNC REX Healthcare, Raleigh Orthopedic Clinic, Cary Gastroenterology Associates and the family practice, David Paul Adams, MD, PA. The four will lease approximately 41,000 square feet in Building One of HealthPark at Kildaire, the first of two planned, four-story Class A office buildings.

HealthPark at Kildaire is a 647,000-square-foot medical campus with nearly 170,000 square feet of Class A medical office space. The development, which is being constructed across from WakeMed Cary Hospital, is anchored by a 475,000-square-foot continuing care retirement community (CCRC). The CCRC is expected to help address Cary's shortage of senior housing options, where 3 to 5 year waiting lists are not uncommon for high quality retirement communities. Liberty Healthcare is the owner-operator of the CCRC which will be known as Brightmore.

“HealthPark at Kildaire is a long-overdue development that will support Cary’s expanding medical office space needs, and we welcome the new tenants that will support this growing medical community,” said Anders.

Nearly 50,000 square feet remains available to lease in HealthPark at Kildaire One with floor plates totaling approximately 20,000 square feet each. Pre-leasing is underway for HealthPark at Kildaire Two, an 80,000-square-foot, four-story office buildinMetrocon General Contractors is the builder for HealthPark at Kildaire Building One. Brasfield & Gorrie is the builder for the site and Parking Deck One. Both are anticipated to deliver by December 2018, with the CCRC delivering nearly a year afterwards.

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