Maggie Quan secures 35,000 SF for Tenant’s Expansion

NEWS RELEASE

TradeMark Properties Brokers Deal to Help Longtime Raleigh Business Grow
Garage Door Distributor Signs 10-Year Lease for Industrial Warehouse

Raleigh, NC, January 13, 2021 – TradeMark Properties is proud to have recently played a role in helping a longtime Raleigh business expand and grow. TradeMark Executive Vice President, Asian Investor Services Maggie Quan, PhD, CCIM represented On-Trak Garage Door Distribution LLC in the deal. The company signed a 10-year lease for 35,000 square feet of industrial warehouse space, located at 4205 Global Street in Raleigh and moved into its new location at the beginning of January.

The space is in the New Hope Commerce Center in northwest Raleigh and is owned by SCG New Hope Commerce Center LLC. The location is ideal for On-Trak Garage Door Distribution because the 13-year-old company needed more space and room to grow.

“This deal is an example of how high of a demand there is in the Triangle right now for high-quality industrial space of all sizes,” said Quan. “When On-Trak started 13 years ago, they had an appropriate space to get started and now they need a place to grow. I’m happy to have helped them find a location that can serve as the backdrop for this transition.”

Alexis Lambeth with Foundry Commercial represented the landlord in the deal.

To view a complete listing of available commercial real estate properties in the Triangle, visit TradeMark Properties. Sale and lease listings include detailed information regarding price, square footage, and location.

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