facebook

traded

+ Submit
Home

/

Deals

/

North Carolina

/

Office

/

Lease

/

1001 Winstead Drive

Kimley-Horn Signs 40,000 Square Foot Lease With Accesso At 1001 Winstead Drive In Cary NC
LEASEDOffice

Kimley-Horn Signs 40,000 Square Foot Lease With Accesso At 1001 Winstead Drive In Cary NC

1001 Winstead Drive

Building Size

40,000 SF

Asset Type

Office

Closing

Jul 8, 2025

AI

The property asset involved in the transaction is an office space located at 1001 Winstead Drive, Cary, NC, covering a total area of 40,000 square feet. The landlord of the property is Accesso, and the tenant is Kimley-Horn.

Summary of transaction details:

The lease for nearly 40,000 square feet was signed by Kimley-Horn at Weston I, which is part of a $6.5 million upgrade that includes new amenities. Savills represented the tenant, while CBRE represented the landlord in this transaction.

Players

Tucker Shade

Savills

Broker

2 deals

Broker
Savills
SavillsBrokerage
CBRE
CBREBrokerage
Accesso
AccessoLandlord

Cary Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93