Elliott Sidewalk Communities Selects CBRE|Triad to Handle Leasing Efforts for Downtown Ballpark Deve

Greensboro, NC – CBRE|Triad is pleased to announce they have been awarded the exclusive listing assignment for 275 North Elm in High Point, NC. 275 North Elm is the first phase of The Outfields, an Elliott Sidewalk Communities development just beyond the outfields of the new baseball stadium and will be home to approximately 55,000 square feet of Class A office and retail space

275 North Elm features ground floor retail space with the second and third floors designated for office space. The building will include numerous amenities such as decks overlooking the BB&T Point stadium, an outdoor patio with restaurant seating and more. 275 North Elm is located at the corner of Church Avenue and North Elm Street, adjacent to the main entrance of the BB&T Point stadium.

The ground level of 275 North Elm includes approximately 13,000 square feet of restaurant/retail space with lease rates beginning at $25.00 per square foot. The second and third floors offer office space with the option for single or multi-tenant uses. Lease rates for office space begin at $26.00 per square foot. The building is expected to be complete in April 2020.

"We are pleased to work with a leading national brokerage firm like CBRE with deep ties in the Triad region,” said Tim Elliott, Managing Partner at Elliott Sidewalk Communities. “275 North Elm is a home-run location, boasting a front door access to the excitement of the soon to open Stadium and upcoming Downtown Plaza within The Outfields.”

CBRE| Triad’s Richard Mossman and Matt King will be handling the leasing efforts for 275 North Elm. For more information on the project, please visit newly launched website www.theoutfields.com.

About CBRE|Triad

CBRE|Triad is a CBRE affiliate office serving the Triad Region. The firm assists real estate owners, investors and occupiers by offering strategic advice and execution for property leasing and sales; property, facilities and project management; corporate services; debt and equity financing; investment management; valuation and appraisal; research and investment strategy; and consulting. The local office closed more than $342 million in sales and leasing transactions in 2018. For more information about the Triad office, visit our website, www.cbre.us/triad.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.us.