JLL facilitated the 55,000-square-foot lease on behalf of the railroad technology solutions provider
News release
16 April 2024
Railinc affirms its position in Cary, North Carolina, relocates to 11000 Weston Parkway
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RALEIGH (April 17, 2024) — JLL today announces that Railinc, a railroad and technology solutions provider, is relocating to a 56,371-square-foot space at 11000 Weston Parkway, a Class-A office building in Cary, North Carolina. Railinc plans to move more than 300 employees and contractors to the new space in Q1 2025. JLL Managing Director Kimarie Ankenbrand and Executive Vice President Ryan Lawrence represented Railinc in the deal.
Railinc has been headquartered in Cary since 1999, where it has served as the go-to technology solutions resource for the North American freight rail industry. To support its future growth, Railinc made the strategic decision to relocate to 11000 Weston Parkway, reaffirming its commitment to the Triangle and its deep pool of tech talent.
“11000 Weston Parkway allows us to remain in an area where our employees are comfortable, enables us to upgrade our office facilities and provides us with room to grow,” said Allen West, President and CEO of Railinc. “Everything we do at Railinc is purpose-driven and this decision was no different. The amenities of the surrounding area and the ability to continue to recruit top-tier talent from the Triangle further help us to continue to build an innovative, solutions-focused team.
11000 Weston Parkway is part of a three-building office complex located off I-40. The 178,300-square-foot building is near a strong amenity base, including notable retailers and restaurants, neighborhoods and hotels. Tenants have access to scenic views of the 500-acre Lake Crabtree, as well as best-in-class amenities like a Velocity gym, an onsite cafe, jogging trails, a greenway trail system and collaborative common spaces. The building is Energy Star-certified and prioritizes sustainability, including ChargePoint electric vehicle charging stations and high-efficiency HVAC and energy management systems.
“The Cary submarket continues to be an optimal location for companies looking to grow or maintain their presence,” said JLL’s Ankenbrand. “Not only does 11000 Weston Parkway provide unparalleled accessibility in the region, but also the building gives Railinc’s employees the workplace amenities they need to thrive. It was a pleasure advising Railinc in making an important strategic decision for both their people and their business.”
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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.