Mar 21

APG Capital to Move Forward on The Plaza at Rhamkatte Village Following Development Plan Approval in Holly Springs

The Plaza at Rhamkatte Village has been approved for an approximately 58,000 square foot three building commercial development at the intersection of Holly Springs Road and Bass Lake Road. The project will be comprised of office and retail designed around an expansive open-air plaza with construction anticipated to begin in the third quarter of 2021.

Located across from the Lowes Foods anchored Holly Springs Crossing shopping center, and immediately adjacent to the 2018 Market residential community, The Plaza at Rhamkatte Village will include a pair of two-story office buildings (20,000 SF and 30,000 SF respectively) and a single-level multi-tenant retail building that will accommodate tenant spaces from 1,700 to 8,251 square feet. The property is planned to create pedestrian connectivity between the nearby residential, civic and commercial areas, and offers an attractive, active open space for future commercial tenants and the surrounding neighborhood. The first phase will include construction of a two-story 30,000 SF office building, retail building and the plaza area. The 20,000 SF office building is available for lease, build-to-suit or can be potentially purchased as an improved lot.

Lee & Associates Raleigh-Durham will exclusively handle the leasing of The Plaza at Rhamkatte Village. Moss Withers and Karah Jennings McConnell will lead office leasing with Jenn Olevitch-Roberson and Carla Trepper handling retail leasing.

“As Holly Springs continues to experience growth, the need for pedestrian-friendly, mixed-use projects rises,” said Wayne Hightower, President of APG Capital. “APG Capital and Lee & Associates are pleased to provide this new suburban office and retail location for businesses and residents in Holly Springs.”

Moss Withers, CEO & Principal of Lee & Associates Raleigh Durham, added “Holly Springs has become a proven commercial market. It’s the leadership within the town and the experience and forward thinking of companies like APG Capital that will continue to provide incredible opportunities for new business throughout the community. We are excited to partner with such a reputable group on this Class ‘A’ development.”

APG Capital provides real estate investment and development services in North Carolina, South Carolina, Georgia, and Tennessee. They are working with The Spaulding Group, PA for planning and New City Design Group for architectural design on this development.

For leasing information, please contact Moss Withers, CEO & Principal of Lee & Associates Raleigh-Durham at mwithers@lee-associates.com or 919.576.2500.