CBC TradeMark Properties Selected As Exclusive Agent For Lynden Centre At Crabtree Project

Published: Mon Oct 27 2008

Billie Redmond, CEO of Coldwell Banker Commercial TradeMark Properties (www.cbctmp.com), has announced that the firm has been selected as the exclusive agent for The Lynden Centre at Crabtree, a planned Class A, two-story, 47,000 square foot "green" building project located in north Raleigh, adjacent to the 54-mile Raleigh Greenway System and the Crabtree Valley Mall. The environmentally-friendly project is aiming for USGBC LEED Gold Certification and will be built on a previously developed site using the principals of deconstruction and reuse of materials to protect the Neuse River Basin and surrounding habitat. The building is designed to achieve a small carbon footprint, to be highly energy efficient and to conserve water in an eco-friendly controlled environment. Key "green" features of The Lynden Centre at Crabtree include:

• Pre-wired for solar electric generation
• High performance Solar Ban 70XL glass curtain wall to control heat gain and loss
• On-site 26,000 gallon storm water cistern retention for landscape irrigation and toilet flushing
• High efficient Trane HVAC allowing for off-hour individual tenant control
• Landscaped roof garden designed with local drought tolerant plants, shrubs, and natural organic materials
• Solar hot water for domestic use
• Exterior office automatic light controls
• Indoor Atrium waterfall feature providing humidity for the lobby
• Solar white elastromeric roof for solar reflection
• Low flow toilets to conserve water
• Designed to maximize ambient lighting
• Green tenant improvement design guidelines

Green features associated with The Lynden Centre at Crabtree are designed to save tenets operating cost savings of at least $1.00 per square foot, or nearly $50,000 annually compared to traditional building projects. The building’s solar generations have the potential to increase costs savings to more than $1.50 per square foot. On-site storm water re-use and landscape irrigation have been designed to reduce water consumption and offer additional savings on annual operating costs.

A recent study conducted for the California Sustainable Building Task Force shows that an initial increase in upfront costs of approximately 2% for green design will yield lifecycle savings of more than ten times the initial investment, or 20% of total construction costs (based on a conservative estimate of a 20-year building life).

Owned and developed by Trailwood Building, LLC, The Lynden Centre at Crabtree will offer state-of-the-art suites ranging in size from 5,000-43,000 square feet. The project is currently in the pre-leasing stage. Construction will begin at the 50% pre-lease mark and is scheduled to take 12-13 months with a 1st Quarter 2010 target date for completion. Additional project partners are:

• Lineberry Architectural Group, PA
• Cox-Schepp Construction, Inc.
• TranSite Consulting Engineers, Inc.
• Mechanical Contractors, Inc.
• Rogers & LaPan (structural engineers)
• Green Tech Consulting, Inc. (electrical and plumbing engineers)
• William Warner (landscape architects)

For leasing information or additional details about The Lynden Centre at Crabtree, please contact Fred Dickens, Senior Real Estate Advisor at Coldwell Banker Commercial TradeMark Properties, at (919) 227-5508 or e-mail FDickens@cbctmp.com.

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"The key location combined with the sustainable features of this building project positions The Lynden Centre as Crabtree as an attractive tenant space for Triangle businesses," said Redmond. "I have no doubt that this project will be successful and contribute to growing real estate development in the north Raleigh area."

About Coldwell Banker Commercial TradeMark Properties:
Coldwell Banker Commercial TradeMark Properties offers a full range of real estate and investment advisory services. From acquisition evaluation and due diligence tasks, through value enhancement and disposition strategies, TradeMark guides its clients through every phase of real estate investment opportunities. Partnering with strategic alliances, TradeMark offers coordination of services such as equity development, financing, credit management, architectural and engineering services, development or project management oversight and relocation services.

TradeMark is organized around advisory services – sales and leasing, asset management including facility management services and maintenance services – performed by in-house personnel. Its advisors are market experts in their areas of industry specialization, which include commercial, residential, retail, forestry and investment property sales. The executive management team of Coldwell Banker Commercial TradeMark Properties has over 200 years of combined real estate experience. The Triangle Business Journal named the firm Best Place to Work in 2004, and for the past three years the publication has ranked the firm as the No.1 Commercial Real Estate Company in the Triangle. TradeMark is also recognized as one of the Top 25 Women Owned Businesses in North Carolina. For more information, please call 919-782-5552 or visit www.cbctmp.com.

Coldwell Banker Commercial TradeMark Properties, Billie Redmond, Raleigh Real Estate, Raleigh Commercial Real Estate, Lynden Centre at Crabtree, Crabtree Valley Mall, Trailwood Building, NC Green Projects, LEED, LEED Gold Certification, Green Cost Savings, Green Buildings

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