The development, which will be called Captrust Tower at NorthHills, will include 274,000 sf of office and 28,400 sf of retail.The project, which is expected to be completed in summer 2009, willfeature restaurants and retail shops on the first floor andparking. The development price was unavailable by GlobeSt.com'sdeadline.

The building's first tenant will be investment advisory andresearch firm Captrust Financial Advisors, which will move itsheadquarters into 51,000 sf at the building. Other signed tenantsfor the project are law firm Ogletree, Deakins, Nash, Smoak &Stewart, PC and real estate firm CB Richard Ellis. Signed leasestotal more than 100,000 sf.

Duke Realty senior vice president of North Carolina operationsJeff Sheehan tells GlobeSt.com that leasing efforts for the retailspace have started, but no signed leases are yet in place. "Weanticipate that the space will attract a white table clothrestaurant for corporate users, such as a steakhouse," Sheehansays.