MORRISVILLE – The Stitch, which is nearing completion at the site of the former Morrisville Outlet Mall, can now offer life science related space.
Owned and developed by Equator Capital Management and OCS Capital, the site will offer 245,000 square feet of office and lab space based on the rezoning decision, CBRE|Raleigh announced Wednesday.
The Stitch is nearing completetion. CBRE|Raleigh rendering.
“It is a huge win that The Stitch has been rezoned to include life sciences and laboratory use, which will only further increase the appeal from a variety of prospective tenants and further add value for ownership. Life Sciences has always been a key industry in the Triangle and companies are increasingly looking for cutting edge lab opportunities, particularly as demand for this space continues to rise. The Stitch will provide Class A space and high-end amenities that are sure to draw in a diversified tenant base,” said John Brewer, Senior Vice President for CBRE|Raleigh.