Colliers International represented IAT Insurance Group (IAT) in the lease of their new Raleigh Headquarters at Tower 4 in North Hills. The 61,000-square-foot lease covers two full floors in Tower 4, a new marquee Class A high rise office of over 328,000 SF in Kane Realty's Midtown Raleigh development.
Thomas Kenna of Colliers Raleigh-Durham and Thomas Berarducci of Colliers Chicago represented corporate portfolio client IAT Insurance Group in their national HQ assessment and relocation project. Along with workplace management services, Colliers negotiated the relocation of IAT's 200+ Raleigh employees into Tower 4 at North Hills.
“Colliers began a yearlong market analysis as IAT assessed relocation plans in the Triangle,” said Thomas Kenna, Vice President of Colliers Raleigh Durham. “The new Tower 4 location at North Hills reflects the IAT brand and the commitment to their employees and future hires across the country.”
Located at North Hills East on Six Forks Road, Tower 4 will be a 20-story LEED Certified office tower with 12 floors of Class A office space, 8 levels of parking, a conference center, terrace level, and street-level retail. IAT will be the kickoff tenant for Tower 4, expected to deliver in late 2020.